Franchise Assessment Form

Franchise Assessment Form

Starting a Franchising business can bring in financial rewards, provided the right partner is selected at the acquisition stage. Travelling along with the partner down the franchising road can be complicated as this road is less travelled. But if you have assessed the franchise partner during the assessment stage it will complement your franchising objective. The assessment exercise is little complex as you list out your strengths, your brand strengths, evaluation process for franchisee, etc., For a Franchisee buying a franchise is one of the significant investment decisions that needs to be finalised. This decision will go a long way in establishing a healthy relationship. It is also important to understand how the franchise system works. From a Franchisor’s point of view, engaging a new franchisee into the system will not only drive his business but also brings the operational change which needs to be accommodated into the existing system. Sparkleminds has assisted several start-up franchisor and mature franchisors in assessing and providing advisory services on on-boarding new franchises into the gamut of franchising. You can be assured that the relationship built through our personalised services will make the franchising path easier and safer to travel. Please click here for a sample assessment form…