A franchise is a great way to go if you’re looking for a simplified & proven business model. However, no single franchise is perfect, so it pays to consult with someone who has experience in this type of venture. The franchisee doesn’t pay us, so our advice will never be biased, and we can act as an impartial advisor before you take any steps. 

1. Initial Contact: Potential franchisees contact us consultants or a franchising agency offering complimentary consultations. This can be through phone calls, emails, or filling out an online form.

2. Appointment Setting: Once the initial contact is made, an appointment is set for the consultation. This can be in person, over the phone, or via video conferencing.

3. Preparation: Before the consultation, the potential franchisee may be asked to provide some information or answer a questionnaire. This helps the consultant understand the Client’s background, financial capability, interests, and goals.

4. Consultation Session:

   • Introduction: The consultant begins by introducing themselves, explaining their expertise, and detailing the purpose and flow of the consultation.
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   • Understanding Client Needs: The consultant listens to the potential franchisee’s goals, concerns, and aspirations. This helps in tailoring advice specific to the Client.
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   • Franchising Basics: For clients unfamiliar with franchising, the consultant explains the basics, including the difference between franchising and traditional businesses, advantages and disadvantages, and how franchising agreements work.
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   • Potential Opportunities: Based on the Client’s background and interests, the consultant may present suitable franchise opportunities detailing costs, expected returns, and market performance.
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   • Questions and Answers: The Client can ask questions, express concerns, and get clarity on any aspect of franchising.

5. Post-Consultation:

   • Documentation: The consultant may provide the Client with resources or documents relevant to their discussions, such as franchise brochures, market research, or financial projections.
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   • Follow-up: A follow-up session or correspondence might be scheduled to discuss any additional queries or to update the Client on new franchise opportunities.

6. Next Steps:

   • Further Investigation: If the Client is interested in a franchise opportunity, they may begin their due diligence, including visiting existing franchise locations, talking to current franchisees, and reviewing the Franchise Disclosure Document (FDD).
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   • Additional Services: Some consultants may offer other services, like helping with franchise agreements, securing financing, or providing ongoing support during the franchisee’s initial setup and operation.