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How to Start Franchising

 

 
Gaebler Ventures is a business incubator, holding company, and private equity firm. We help entrepreneurs transform ideas and innovations into greatness.

Franchise Operations Manuals

Wondering how to start franchising? We've got some great advice on franchising from one of the nation's leading franchise consultants, Ed Teixeira.
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Implementing a franchise program allows you to duplicate the successful elements of your operations and replicate them around the country with the assistance of motivated franchisees. The process involves five simple steps:

Step 1. Establishing a Franchise Operation

Step 2. Designing the Franchise Program

Step 3. Completing the Uniform Franchise Offering Circular (UFOC)

Step 4. Developing a Franchising Operations Manual and Training Program

Step 5. Selling New Franchises

In this fourth part of a five-part article, we discuss Developing a Franchising Operations Manual and Training Program.

Developing an Operations Manual and Training Program

A simultaneous step during the UFOC process is to write an operations manual and design a training program for your new franchises. This information must be disclosed in the UFOC. The franchise operations manual has a specific format and it will serve as the reference, instructional guide and procedural manual for your franchisees.

You should use a franchise consultant or franchise trainer to perform this function. If you already have a manual, you can use your consultant to edit the manual to format it correctly.

You’ll need someone to do the training and you may choose to use your existing location as a training site. At the early stages of a franchise start-up many franchisors will use existing employees to perform the training. This may even include the founder of the company. Training should include operations, marketing and other important components of franchise operations.

Ready for the next step? Learn about Selling New Franchises.

Ed Teixeira is President of FranchiseKnowHow, LLC, a franchise consulting firm; and a managing principal in the Bridge Business Broker Franchise Company. He may be reached at (631) 246-5782 or at www.franchiseknowhow.com.

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Browse tons of franchise opportunities in the Gaebler Ventures franchise directory:


Our Directory of Franchise Opportunities now includes over 1,400 franchise opportunities. If we're missing a franchise, please let us know.


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