franchising a business, franchise consultant, franchise expert
 
franchising a business, franchise experts, franchise consultant, franchise feasibility

Franchising a Business


Franchise Feasibility

Those who want to franchise a business develop a healthy, but very powerful passion for the idea. And of course, it is the “dream of franchising” that is critical to success because without it there is no drive, no gutsy start-up. On the other hand, franchising a business presents some stark realities that must be faced in order to make a good decision to franchise or not to franchise a business. You need an expert franchise consultant to help with decisions, not a consultant who will simply encourage you to franchise your business in order to collect a consulting fee.

Franchisors rise or fall on a multitude of elements that we consider part of franchise feasibility, but there is a deeper, root cause of success or failure. It is the entrepreneur's acceptance or rejection of the notion that success in business automatically translates into success in franchising. Those who are stubborn about their skills and refuse to accept the fact that franchising is an industry unto itself will usually wither. Those who accept that they must learn “how to franchise a business” and chose a franchise expert and mentor who forms a personal relationship with them and takes a real interest in their education and success over the long haul are the ones who succeed. We never look at a client as a consulting fee, and we never sell a person on the idea of franchising a business. If you find a franchise consultant trying to “sell you”, then run as fast as you can.

Franchise feasibility studies are a must, but unfortunately they are often used to sell business owners on franchising rather than expose the pitfalls. “Hey, you've got a great idea. I think you can franchise it and make a bundle. I'll set you up for success.” Folks, it doesn't work that way.

Any business CAN be franchised, and many are fooled by this misleading fact. The object is to determine if a business SHOULD be franchised. Therefore, as expert franchise consultants we help our clients analyze their overall potential for success, and prospective franchisors appreciate this thoughtful, honest approach to analysis and discovery.

Contact Nick , he'll be happy to discuss your questions and concerns.

Franchise Strategic Planning

“Plan your work and work your plan.” Having heard that phrase so often as a child, I rejected its value for many years, but as I grew older, I found that my father's advice was exactly right.

When franchising a business, the franchise strategic plan must be excellent from the outset or frustration plus loss of time, money and energy will simply overwhelm the franchisor and they will quit the business of franchising. As conscientious franchise consultants, we hate loss, so we attempt to plan well. (We are not afraid to advise against franchising and we’ve done that many times because we are more interested in your success than a consulting fee. Ask around, and you'll find that’s a true statement.)

Most successful business owners insist that because they beat the odds by creating a successful venture, they can certainly win at franchising. Yes, entrepreneurs are successful due to grit, independence and intelligence, but franchising is very deceiving. It takes more than grit and advertising to make it as a franchisor. Based on experience, we assist in creating a strategy by first getting to know YOU as a person and also getting to know your business. In other words, we PLAN for the future. Choose an expert franchise consultant who is interested in YOU. (Tricky franchise sirens can hurt entrepreneurs who are blind to potential troubled waters ahead. Read this article.)

It is difficult to find a resource capable of actually conducting an analysis and putting the whole picture into perspective with you, but that’s our job, and we take it seriously. As skilled experts and consultants, we assist in the design and oversight of a franchise strategic plan tailored to YOUR needs. You will not find a “cookie cutter” approach anywhere in our program because to do this correctly, it has to be “all about you!”

Use our eyes for a clearer look into the murky waters of franchise development. We’ve seen it all. Also, you will appreciate client endorsments on the subject.

Contact Nick , he'll be happy to discuss your questions and concerns.

Franchise Organization and Disclosure

Organization and paperwork are important to all businesses, but in franchising a business, the pieces must fit together seamlessly and each department must work together if the franchise is to grow. The best organizations are not only concerned with marketing, support and administration, they are concerned with the way that those functions interact. We are expert consultants who take into consideration the right organizational design for your franchise launch so that all the bases are covered.

An important, but rarely addressed staffing issue in this is mindset. What is considered quality management talent in the world outside of franchising does not necessarily equal quality franchise management. The inability or refusal to see and respect the unique character of an organization can spell the difference between success and failure. As franchise experts, we will help you select and place management talent to avoid relationship problems in the future. Most executive search firms do not have a real understanding of this matter, but we do. This is another reason why we maintain “long-term” relationships with our clients. They become our friends.

Franchise disclosure documents are necessary for franchising a business, and required to comply with federal and state laws, but they are also the backbone of the franchise relationship. Yet, many franchisors are encouraged to cut legal corners with “do-it-yourself kits”, or in fact, are encouraged to treat their paperwork as a necessary evil. We will show you not only why your paperwork is critical to your success and to quality franchising, but also how to make it the most important tool in your marketing kit. No high quality franchisor goes to market without the best legal counsel it can afford, so we will align ourselves with the finest of franchise attorneys.

Contact Nick , he'll be happy to discuss your questions and concerns.

Franchise Development

Our consultancy is rooted in helping you reach your franchise development potential through the right mix of strategy, operations, marketing, training, support, relationships, legal structure, and overall “franchise leadership”. Only when these elements are properly understood, blended, nurtured and put into practice will the franchise network grow and be strong. Our focus on the best practices possible from management to franchisee selection will assist you in creating the right mindset and the right environment to grow and move forward without the struggles encountered by most franchisors when franchising a business. We strive to help you build a powerful franchise growth strategy from the beginning and to constantly groom that strategy over time. Again, we seek a long-term growth relationship with you because you are entering a long-term franchise relationship with your franchisees.

Contact Nick , he'll be happy to discuss your questions and concerns.

Franchise Management

Once an offering is launched, feasibility and strategic planning take a second seat to daily management and the reality of the marketplace. Franchise management must react to real life problems that can threaten the company's direction, policies and even its survival. When franchisors spend time wrestling with basic franchise issues that should have been foreseen, rather than concentrating on developing the franchise network, they loose momentum. Therefore, just as we concern ourselves with the proper structure of your franchise company before you launch, we provide expert franchise consulting and mentorship designed to keep you and your franchise on a straight, well planned road after your launch.

Your new franchisees require training and support to be successful, right? Well, so do you. You as a franchisor require a support system to remain steady and focused while you are growing your “franchise legs”. We provide outstanding franchise mentorship for the franchisor and its management team to smooth out the bumps that every new franchisor will encounter. There is no sense in getting off to a great franchise launch only to find the team slumping because new franchise problems arise and there is no franchise sounding board available. And, franchise problems WILL arise.

We provide the solution to keeping a professional franchise executive on your staff without you having to pay outrageous fees that you cannot justify in the early stages of your development. This is solid franchise mentoring that deals with all franchise matters and is another example of our commitment to excellence when helping you in franchising a business.

Contact Nick , he'll be happy to discuss your questions and concerns.

Relaunching a Stalled Franchise Concept

When franchising a business, concepts can stall for any number of reasons. Age, market, inadequate planning, organization, poor relations and litigation are just a few examples.

When a tired franchise concept is in trouble, management has its hands full fighting fires, and they are rarely able to effectively focus on strategically moving into the future. Once stalled, the franchisor has only three choices: jump ship, ride it down, or correctly assess the problem and implement a new plan to re-launch a stalled franchise. If you choose the last option, we will help.

We are expert in assessing the situation and creating new franchise strategies to breathe in fresh air for a re-launch of the brand. We will do triage and stop the bleeding. We will analyze franchise problems, create solutions through a new franchising strategy, help build a quality franchising team, help resolve strained franchise relationships, and mentor you and your organization through the renewal process.

This work demands absolute focus, creativity and commitment, and a job well done means that a worthy concept does not exit prematurely. Our expertise as franchise consultants will provide analysis and creative solutions.

Re-launch applies to new franchises that never got off to a good start, and mature franchises that got caught in damaging crossfire and now need a fresh start.

Contact Nick , he'll be happy to discuss your questions and concerns.

Franchise Relationships

Nick Bibby, MBA and MA Counseling, is formally trained to listen to people, hear what is being said, analyze the presenting problem, and offer options that (hopefully) get the parties back into the same hemisphere. Our franchise relationship services are geared to calm down existing conflict, expose common ground for resolving franchisor franchisee problems, and create an environment for a better future. Nick has provided relationship counseling in many settings. For an in-depth discussion, go to Franchise Relationships, and read articles that Nick has written.

If there is a nagging problem between a franchisee (or franchisees) and a franchisor, we will help analyze the problem and develop a strategy for approaching all parties with the objective of achieving resolution and avoiding legal remedies. Often times if an objective third-party can get between those at odds, both sides can more easily address the situation and reach satisfactory terms. In other words, our message is about cooperation not litigation, and as experts in franchise analysis, we are a good first alternative to litigation.

Contact Nick , he'll be happy to discuss your questions and concerns.

Franchise Mergers and Acquisitions

Franchising is an ever-changing business; there is nothing static about it. Therefore, we provide counseling and strategic planning services that encompass more than franchising a business but to franchisor owners, families, and partners when it is time to buy, sell, exit, or restructure a franchise company.

This is focused, confidential, personal counseling for franchisors designed to create an environment suitable for deciding upon a strategy to accommodate a sale, a merger, acquisition, restructuring or exit plan. Change is not easy for anyone and it is especially hard for franchisors that have birthed and nurtured a franchised “brand” to maturity. Franchisor change is emotional and stressful work that requires a clear head and a commitment by all parties to accomplish the mission. We provide outstanding consulting and counseling services dedicated to helping people make good decisions under stressful conditions.

Contact Nick , he'll be happy to discuss your questions and concerns.