Empowering Your Business Through Expert Franchise Development
Strategic Planning for Your Business Success:
IQ Franchising begins the strategic planning process by conducting a detailed review of your model, your industry, and your current business environment. We understand that developing your franchise system requires clear goals and objectives and dedicated resources. Initiated projects will require both management and team support; interdepartmental communication & cooperation; and, partnership with vendors.
IQ Franchising'S Objectives During
the STRATEGIC Planning Process:
Work side by side with you to:
Identify and refine your objectives
Anticipate potential risks
Assess market opportunities
Identify internal and external factors effecting the business
Formulate a strategy to achieve the desired results
Develop a strategic plan that aligns with your goals
Provide a better understanding of:
Steps to franchise your business
Departmental development
Network/model growth
Market factors
Provide an analysis of:
Internal business operations
Industry factors and impact
Competitive landscape
Environmental impact
To successfully implement the projects selected, we work with you to design your franchising processes. The success of this stage of our process is demonstrated by the project’s targets being met, to include:
Aligning team initiatives with business objectives
Establishing franchisee training and coaching protocols
Implementing new software system’s “go-live” processes
Maintaining project budgets
Meeting scheduled timelines
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.
CORPORATE DEVELOPMENT for Your Business Success:
IQ Franchising’s corporate development services go hand-in-hand with our strategic planning consultancy services, and ia a vital part of your growth and expansion plans. Our corporate development services involve a forward-looking approach that is designed to help our franchise clients establish the cornerstones to achieve their strategic goals of expanding into new markets, and protect their assets.
Corporate Structure
We work with you during the corporate development process to address the formal structure of your franchise business that will act as the foundation of your organizational development. For example, during this phase, we work with you to:
Establish entities
Protect IP
Facilitate the drafting of licensing agreements between entities
Develop employee and key employee agreements
Coordinate the filing of trademark applications,
(if necessary)
Strategic Vendor Relationships
As part of the corporate development process, we work with you to develop & showcase the strategic development of you vendor & supplier relationships, which are critical when franchising your business.
Good vendor and supplier relationships provide several benefits to franchisees, including consistent quality across all locations; standardized procurement processes; cost-effectiveness through discounts and better pricing; and, often valuable vendor support and training for franchisees, such as product knowledge and best practices.
Additionally, vendors and suppliers often provide new products and technologies to the franchise network, which can help franchisees stay competitive in the market.
These development strategy discussions are designed to properly plan for product needs in advance of your business’ market expansion.
Corporate Finance
As you are developing your franchise model, raising capital, managing debt, and investing in expansion opportunities are frequently part of your growth requirements. We can work with you to establish financial strategies that align with your goals, whether it’s to raise capital for a new technology or expanding operations. The goal of our corporate finance services is to help you establish methods for improving cash flow, increasing profitability, and reducing financial risk.
Our mission
Empowering small business growth through franchising - creating great communities everywhere!
Copyright © 2024 International Quest Franchising, LLC. All Rights Reserved
Privacy Policy | Terms & Conditions