EIDC assists in determining appropriate business opportunities relative to the franchise business. A standardized system that franchisees follow is a major key to the success of the franchise operation and helps ensure consistency and quality throughout the organization. In addition, we provide considerations and recommendations regarding minimum performance standards and the methods to achieve them related to the franchise business. When performance standards are mandated, the Franchise Agreement includes provisions that clearly dictate the requirements in compliance with the guidelines. Franchisees may be required to provide information to the franchisor regarding sales revenues, royalties, financial data, income and sales tax returns, and other information determined by the franchisor.
Areas of interest:
Expansion Method Analysis, Feasibility Studies, Business Plans
Establish Franchise Reporting Requirements and Performance Standards
Establish Site and Location Specifications for the franchise business
Establish the Franchise Fee, Franchise Royalty, and other sources of franchise revenue
Establish the Franchise Profile
Establish Franchise Sales Procedures and Draft the Sales Manual
Provide Staffing Considerations and Franchise Sales Training
Establish Franchise Communication and Support Programs
Create the Franchise Advertising and Marketing Plan
Produce the Franchise Brochure, Information Packet, and Related Materials
Coordinate production and printing of franchise manuals, forms, and sales materials
Sales and Management Training