franchise development steps,franchise in india, franchise business

NEW FRANCHISE

DEVELOPMENT PROCESS

The process to create a new franchise typically includes a following steps:

Process StepBasicComprehensive
1Initial Consulting and Feasibility Review
Conducted by telephone
2Presentation of FA Portfolio
Hard copies delivered by mail
3Presentation and Signing of Service Agreement
Delivered by email or fax
4Client Completes Questionnaire and Submits Initial Payment
Questionnaire delivered to client by email or fax
5Initial Competitive Research and Analysis
Presented to client at Kick-Off Meeting
6Kick-Off Meeting
Conducted in person (Comprehensive Package) or by phone (Basic Package)
7Initial Strategic and Operational Recommendations
Delivered by email, discussed by telephone
8Drafting of Legal Documents 
Franchise Disclosure Document (FDD) and Franchise Agreement
9National and State Registration Process
Time required varies by state
10Development and Presentation of Initial Creative Concepts
May be presented by telephone or in person
 
11Development and Presentation of Marketing Plans
May be presented by telephone or in person
 
12Drafting of Operations Manual
May require additional on-site visit(s)
 
13Completion of Initial Creative Process
May include identity & business system, brochures, ads, etc.
 
14Completion of Technology Projects 
15Franchise Sales Training
Can be conducted on site or at FA training center (additional fees may apply)
 
16Official Franchise Launch (generally 4 to 6 months from Kick-Off)
Begin selling franchises in registered states
 
17Ongoing Consulting, Legal, Marketing, Sales and Technology Support
Services provided as needed during twelve-month term of agreement