Transforming Your Business Through Expert Franchise Development
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.
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.
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.
Empowering small business growth through franchising - creating great communities everywhere!
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