Franchising a Business ? Documenting The System | Franchise ...

Jan 13
31

When a Franchise buyer purchases a Franchise from you they expect to get documentation that supports them through the start up of their new business.

It is important when you Franchise a business to have very thorough records of everything. That way the training & support is much smoother and easier for you especially when you have a few dozen Franchisees.

Many small business owners worry that their current business does not have enough documentation to be Franchised.

However, the process of Franchising a business actually creates most of the documentation that is needed. Not only does the process of Franchising a business create that documentation but it actually streamlines many of the processes you are already using.

The documentation itself is typically electronic in nature and hosted through an online cloud document. That way the Franchise documents can be shared with your existing Franchisees and when you update your documents it is pushed out to them automatically.

A good Franchise Development company will have this type of electronic document program in place already.

This type of system allows you to push out new documents and update existing documents without needing to print 100?s or even 1000?s of copies. Not only is this type of Franchise document system more efficient it is also much less expensive in actual costs and time.

Documenting your systems may seem daunting at first, but a good Franchise Development company will be able to help you through the process.

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Interested in learning more about possibly franchising a business? Call us: 484-366-1859 or fill out the form below for a NO OBLIGATION EVALUATION to see if your business qualifies to expand via Franchising:

Source: http://franchisedevelopmentsystem.com/franchising-a-business-documenting-the-system/

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