Franchising is a great way to grow and expand your business. However, the business does have to be right for franchising.
Mercury franchise consultants will evaluate if your business is suitable to franchise by looking at 3 key areas:
- Is your business model proven? Has your business been trading and making a profit for at least 12 months?
- is your business model transferable? Can your business be operated in other regions successfully?
- Can the business be taught? Can you teach somebody else to operate the franchise business to your standards?
The evaluating process of the business takes 2 weeks and will be carried out by a franchise consultant and a chartered accountant, who will look at latest management accountants provided by the business owner.
The business owner will be advised regarding brand protection.
If you would like to discuss franchising your business please contact us today.