
Want help to franchise your business and get it right first time?
So what are the first questions that need to be answered before you embark on becoming a franchisor?
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Do you have a proven and profitable business?
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Do you operate in a sector with longevity?
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Can you protect your brand?
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Can your business be replicated by someone else with the right training, support and tools?
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Are you sure you really want to do this? It doesn't all happen without you - you need to become a full time, franchisee supporting, network building, franchisor.
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Expanding your business with Platinum Wave makes your team pretty much unstoppable. We can help you:
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Research your market and competition
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Assess the potential for a new entrant
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Establish your business model
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Identify your ideal franchisees
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Determine the financials
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Build a strategy and a timeline
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Develop your marketing
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Fine tune your branding
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Introduce you to the people and resources you’ll need
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We start by conducting a Feasibility Study.
Step 1 – The Feasibility Study
The report will provide recommendations as to how your franchise proposition should be structured for key UK markets:
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help you to determine appropriate franchise fee structures highlight the key legal and
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operational documents and systems required to franchise
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provide advice on your franchise start up package
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provide advice on your franchisee training and support programmes
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provide advice on improvements to your operational processes & systems, supply chain & logistics, franchise territory mapping, franchisee profiling and much more!
One Off Project Fee (POA) 50% payable upon commencement, 50% on completion.
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Step 2 – The Build Stage
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Monthly Support Retainer for 6 months (POA)
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Legal Documentation: Non Disclosure Agreement; Deposit Agreement; Trademark Agreement and Franchise Agreement
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A very deep dive into all the work noted above (we'll give you a precise breakdown in your personal proposal document - you'll be pleased to hear that we shun the copy and paste approach to consultancy!)
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Step 3 – Your Franchise Operations Manual
We will:
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Spend time with you onsite to understand your operational processes
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Review your existing Franchise Operations Manual
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Develop any additional sections required of your Franchise Operations Manual until fit for purpose
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We will require a level of operational input from you/your team in order to complete the franchise operations manual.