Best practices for developing a top-quality franchise system

In this article first published on FranchiseWire.com, iFranchise Group CEO, Mark Siebert, defines what must be considered when making the decision to franchise a business.

While, at a minimum, franchisors need franchise legal documents (Franchise Disclosure Document and Franchise Agreement) and an operations manual, they need to also consider the following best practices:

  • Providing Appropriate Quality Control Mechanisms
  • Building Solid Supplier Relationships
  • Maintaining the Franchise Brand
  • Focusing on Continuous Concept and System Improvements

By ensuring quality control, optimizing supplier networks, focusing on customer engagement, and remaining committed to continually improve upon the business model, a smart franchisor is taking the vital steps needed in order to build the best franchise program possible.

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