What Is Franchise123™?
How do we create exponential growth:
Step 1: Identify
Is franchising right for you? While franchising is a form of business ownership, there are some key differences between franchising and entrepreneurship or starting a business from scratch. In this first step you’ll assess your business skills, identify your preferences, and determine your non-negotiables. You’ll also begin to compare different industries and identify which ones you are interested in.
Step 2: Research
Once you’ve identified that franchising is right for you and have a better idea of the type of franchise you are looking for, use your personalized franchise dashboard to compare brands, evaluate franchise models, review FDDs, and engage directly with franchisors and franchisees. This will help you narrow down your list of potential matches to your top 10 franchises.
Step 3: Decide
Here’s where the real work begins. Now that you’ve narrowed down your options, you can begin to engage with franchisors and franchisees. You’ll have all the tools you need to decide on a franchise opportunity to move forward with. Sign your franchise agreement and start forming concrete plans for your business with the guidance and support of the franchisor. It’s time to launch, grow, and thrive!