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Old 06-07-2008, 01:48 AM
MichaelMMM MichaelMMM is offline
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Join Date: Apr 2007
Location: Australia
Posts: 11
Re: franchising a concept

Besides the "obvious" franchising requirements of having a well documented "system" that has some sort of track record, there is also the need to ensure that your franchise offering complies with all of the necessary regulations etc.

Franchising a concept is an exercise in: discipline, systemisation, "workability" i.e the ability to deliver a good outcome to suitable franchisees, and compliance.

Don't even think of doing this yourself if you don't have substantial experience.

Michael Marcus
The Franchisees Advocate Group
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