Transforming Your Business Through Expert Franchise Development

Foundation Phase

the foundation phase: "strategic planning''for Your FRANCHISING Success

The Foundation Phase is a collaborative 2-week process designed to provide an in-depth understanding of the franchise development process, and establish goals and timelines.

franchise model development
benefits efforts chart

Foundation Phase:

IQ Franchising begins the Foundation Phase by conducting a detailed review of your business structure, your organizational process assets, and your enterprise environmental factors.

Through a MoSCoW prioritization approach, we work with you to establish clear goals and objectives.

IQ Franchising'S Objectives During

the Foundation Phase IS TO:

Work side by side with you to:

  • Identify and refine your objectives

  • Conduct an indepth analysis of your business mode

  • Anticipate potential risks

  • Assess market opportunities

  • Formulate a strategy to achieve the desired results

  • Develop a strategic plan that aligns with your goals

  • Agree on the prioritised requirements list

  • Prepare a delivery plan

Provide a better understanding of:

  • Steps to franchise your business

  • Departmental development

  • Network & model growth

  • Market factors

  • Steps necessary to complete the business case

  • Cost associated with franchising.

  • The time-line to successfully launch your franchise

Provide an analysis of:

  • Internal business operations

  • Industry factors and impact

  • Competitive landscape

  • Environmental impact

Initiated projects will require management and team support, & ongoing communication, to establish and drive value.

Success will be demonstrated by the project’s targets being met, to include:

  • Aligning team initiatives with business objectives

  • Cross-communicating departments

  • Establishing franchisee training, coaching and governance protocols

  • Implementing new software systems' “go-live” processes

  • Maintaining project budgets

  • Meeting scheduled timelines

  • FDD Approval

Completing our franchisability questionnaire provides preliminary insights into your corporate and departmental development, and helps set the stage for us to delve into your business model, as we strategically plan for your franchising success.

Our mission

Empowering small business growth through franchising - creating great communities everywhere!

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