[flintheart]

When it comes to franchising, you always get confused about from where to start? Follow these steps and move in the correct direction of franchising:

1. Put together a business plan.
2. Create an operations manual.
3. Prepare your finances.
4. Prepare legal agreement between you and your franchisee called as Franchise Agreement.
5. Franchisee training.
6. Franchisee investment costs.
Etc

[i360training]

Receipt of inquiry from prospective franchisee.

1. Initial telephone response from franchisor establishing personal contact. No information disclosed.
2. Dispatch of franchise pack including franchise application form.
3. Receipt of completed form followed by assessment of information provided.
4. (a) If reply indicates that the applicant is worth investigating further, personal contact is made again to arrange interview and visits to the franchisor's existing outlets.
5. (b) If reply indicates that the applicant is unsuitable, he or she is advised that the process will not be taken further.
6. Prospective franchisee is interviewed by the franchisor's assessment panel which may be comprised of the franchise manager, a property specialist, the sales manager, the technical manager and/or other relevant divisional managers, depending on the type of franchise operation.
7. Establishment of franchisee's financing requirements.

[rita07]

Before you even arrive at the point of actually negotiating your franchise agreement there is a process that you'll need to follow.