Transforming Your Business Through Expert Franchise Development
Journey to Becoming a Franchisor
Once you decide to franchise your business, we initiate a structured development roadmap built around a portfolio of interrelated projects. The process begins with a comprehensive proposal outlining each critical initiative required for your franchise system buildout.
Upon execution of the agreement and receipt of the initial payment, we enter the Foundation Phase—a focused, two-week due diligence process that lays the groundwork for your franchise system. During this phase, we conduct an in-depth operational analysis, assess organizational readiness, and define the scope of each project within the portfolio. Together, we align expectations, validate assumptions, and confirm strategic fit before proceeding with full-scale development.
Each subsequent phase is managed as a discrete project, carefully coordinated to ensure system integration. These projects include operational system design, manual and guide development, training programs, technology setup, and franchise sales infrastructure—each designed with regulatory compliance in mind. The Franchise Disclosure Document (FDD) and related agreements are managed, submitted to regulators, and, if needed, promptly amended based on state feedback to achieve approval—so you can begin granting franchises with confidence.
Our process employs a hybrid framework that blends project management principles, lean six sigma tools, and scrum protocols to drive continuous improvement in quality and efficiency. This disciplined approach ensures your franchise system is scalable, compliant, and positioned for long-term success.
01)
Review the company, refine objectives, anticipate risks, determine the services needed, and formulate a strategy to achieve the desired results.
02)
Establish the formal franchise business structure that acts as the foundation for organizational development, and asset and intellectual property protection.
03)
Develop a franchise system that promotes cross-departmental communication; enhances training, tracking, and rapid knowledge transfer methods. Establish a system that unifies operational standards and provides network oversight to avoid discontinuities in the franchise system.
IQ Franchising is not a law firm. We do not provide legal advice. Proper legal guidance is necessary to address the myriad of laws, rules, and regulations. We advise each of our clients to engage legal counsel to prepare and submit the FDD, and to address possible state comment letters. We can provide introductions to legal counsel.
IQ Franchising is not an accounting firm. Formal financial review is necessary for full financial transparency. We do not offer audit, attestation, or financial statement assurance services. We advise each of our clients to engage an accounting firm versed in franchise auditing practices. We can provide introductions to accounting firms.
IQ Franchising is not a software company. Technology is a key component to a successful franchise network. We advise our clients to engage a firm that can quickly integrate their legacy systems to meet immediate needs - so the system evolves as the network grows. We can provide introductions to software companies versed in system integrations.
04)
Develop sales & marketing initiatives that establish a unified voice across platforms, and attracts potential franchisees.
Develop a sales & marketing plan to support franchisees in their local marketing efforts.
05)
Design a digital tranformation roadmap for a software ecosystem that improves sales, increases efficiencies, and provides ease of access for customers.
06)
Finalize sales agent discussions, and, if applicable, begin the requested introduction process.
07)
Empowering small business growth through franchising - creating great communities everywhere!
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