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 a franchise 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.