Do You Own a Business that could be Franchised?

How to Franchise Your Business Seminar

Franchising allows you to expand your business faster and with minimal investment capital compared to other business expansion models.

Upcoming seminar dates:

Toronto, ON:
October 24, 2013
Register Today! (PDF)

Vancouver, BC:
November 4, 2013
Register Today! (PDF)

Register to receive 2 FREE passes to The Franchise Show
(Upon receiving contact and payment information, CFA will email the passes directly to you)

Franchising allows smaller companies to effectively compete with larger competitors. As a growth strategy, franchising provides you with the ability to gain market share by increasing your points of distribution (your units). You will be able to grow and expand your business faster than other business expansion models and franchise expansion requires minimal capital as the initial investment at the unit level is covered by the franchisee. Your brand’s growth will not be limited to one or two cities franchising offers the opportunity to have multiple units throughout the world.

In order to franchise your business, you must have a successful business concept/prototype as well as be able to demonstrate that it can be replicated. Often times, the success of a business can be dependent upon its location or the staff. The fundamental principal for the success of a franchise is its ability to replicate its success.

Once these fundamentals are cover, you must determine initial franchise fees, royalties and advertising fund fees. In addition, you will need to develop several documents including your operation manual, franchise agreement, disclosure documents, training materials and more.

Get the best help possible

When franchising your business, it’s important to have the expert support of professionals who specialize in franchising. These franchise support services include:

Franchise consultants
Experts in franchising who can lead you, step by step, through the process of franchising your business.

Legal counsel
Lawyers who specialize in franchising will be able to advise you of any legal requirements as well as assist you in developing your franchise agreement and disclosure documents.

Accountants
Financial experts will help you develop a financial model that includes cash flow projections and your royalty structure. They will also analyze your business to determine if the projected revenues will be sufficient to provide a profit for your franchisees and a royalty for you.

Marketing consultants
As specialists in marketing a franchise system, marketing consultants can help you develop your brand through a marketing plan, which details how you will expand your system and introduce your brand in new markets through advertising.

Click here to access CFA’s Franchise Support Services Member online directory

Prepare yourself for success

Attending CFA’s How to Franchise Your Business seminar will give you the knowledge and tools you’ll need to get started successfully. This unique, one-day session covers valuable, up-to-date information on franchising a business and provides opportunity to speak with expert session leaders and receive free legal and financial advice. To complement your learning from the seminar, you will also receive a complimentary Resource Package designed to help your build your franchise.

Seminar topics often include:

Trends and recent development in the Canadian franchising environment
How to attract the best franchisees
Strategies for marketing to potential franchisees
Legal aspects in franchising and how to avoid the pitfalls
How to finance the start up of your franchise system
Tips and advice from successful franchisors