8 Step Process
BUYING A Franchise
Step 1
START SHOPPING
- Define your goals and decision criteria and get an overview of the process. We are committed to understanding your goals and needs
Step 2
BRAND REVIEW
-
We take a deep-dive into the details of a few brands that meet your original criteria, starting with 3 – 4 brands. After careful analysis, we will explore these further or expand the search
Step 3
COMPARE YOUR OPTIONS
- Our analysis will dig into each franchise individually as well as with a competitive analysis. This will include applying for a single territory, multi-pack, area development or master franchise agreement
Step 4
PREPARE YOURSELF
We help you understand the legal and funding criteria as well as the approval and due diligence process. We will explore various selection options
-
and the territory selection options
Step 5
FRANCHISOR INTRODUCTIONS
- The franchise management team is as eager to meet you as you are them. The team will explain the finer details of their business model and the mutual obligations.
Step 6
DUE DILIGENCE
Review the Franchise Disclosure Documents (FDD) with the aid of an experienced franchise lawyer and visit existing sites. We help you compare competitive franchises
Step 7
FRANCHISE AWARDED
-
While waiting for final approval, you are encouraged to call 3 – 5 current and former franchisees to validate their experiences. This is also a good time to confirm the final details of your financing arrangements.
Step 8
SIGN FRANCHISE AGREEMENT
-
Congratulations! You have been approved. It is time to sign the Franchise Agreement and join the family
The On-Boarding and Operations team will ensure you are well-equipped to hit the ground running
Free Ebook
Request your COMPLIMENTARY
INSIDER’s GUIDE to Franchise Ownership.
or