Franchise Attorneys Fort Lauderdale FL
Lee H. Burg
3111 Stirling Road
Ft. Lauderdale, FL
Real Estate, Residential, Franchising
University of Miami School of Law,Adelphi University
Douglas Paul Solomon
350 E Las Olas Blvd Ste 170
Fort Lauderdale, FL
Business, Real Estate, Mergers & Acquisitions, Construction, Franchising
New York University School of Law,University of Rochester
Ronald N. Rosenwasser
THE PLAZA, 5355 TOWN CENTER RD STE 801
BOCA RATON, FL
Franchising, Trademark Application, Corporate
University of Florida, Fredric G. Levin College of Law
Bryan D Hull
1801 N HIGHLAND AVE
Commercial, Appeals, Securities Offerings, Franchising
Columbia University School of Law,Duke University,Mercer University
Catherine Margaret Carney-Richman
3001 TAMIAMI TRL N
Banking, Corporate, Franchising
New York University School of Law,New York University
Sean Christopher Burnotes
350 E LAS OLAS BLVD STE 980
FT LAUDERDALE, FL
Commercial, Investment Fraud, Ethics, Wrongful Death, Franchising
Stetson University College of Law,Florida State University
Stephen M Feidelman
2134 Hollywood Blvd
Franchising, Arbitration, Business, LLC, Litigation
Stetson University College of Law
Keith J. Kanouse
Suite 324 Atrium, One Boca Place, 2255 Glades Road
Boca Raton, FL
Franchising, Business, Securities Offerings, Corporate, Licensing
University of Notre Dame
Florida, Georgia, New York
Mary Catherine Hite
EASTERN NATIONAL BANK BUILDING 799 BRICKELL PLZ STE 700
Contracts, Corporate, Franchising
University of Miami School of Law,University of North Carolina, Chapel Hill
Howard Alexander Caplan
6260 DUPONT STATION CT STE C
Franchising, Intellectual Property, Corporate, Business
The University of Memphis - Cecil C. Humphreys School of Law
How To Franchise Your Business
If your business is doing well, and your products or services are in high demand, it may be time to think about franchising your business. Franchising not only provides customers with the choice of buying products and services from a name that they know and trust, it also allows the franchising business owner to grow and increase sales and profits to their full potential.
Since franchisees usually pay all the startup costs, one of the greatest things about franchising your business is that it doesn't take much capital on your end. However, there are costs involved. The main costs are having an operations manual written, implementing a training program for your franchisees, writing and implementing a marketing plan, legal costs and costs associated with other professional assistance.
The first step to franchising your business is to find a good franchise attorney. This professional will write all the basic legal documents, including your Uniform Franchise Offering Circular (UFOC) and your franchise agreement. They will also work to ensure that your trademark is protected and help you comply with the franchising laws in your state.
You will also need to have an operations manual written. This is the guideline that your franchisees will be required to follow. Its purpose is to help franchisees run successful businesses and to protect your trademark and other copyrighted material, by telling franchisees how they can and cannot use your material.
The operating manual should ensure quality control, by making sure that the franchisees follow a certain protocol. The manual covers topics such as opening procedures and day-to-day operations of a franchise. Furthermore, the operations manual should put limits on your liability when it comes to the actions of franchisees and their employees. Work with your lawyer and your accountant if you are writing the manual yourself. Otherwise, hire a professional consultant or franchise company to take care of this for you.
You will need to design and implement a training program for new franchisees. Training the people who will own franchises will be vital to their success, which is a reflection of your success as well. This may require training manuals, as well as personnel to do the training. A business coach or consultant can help you design the right training program for the type of business you are franchising.
Finally, you will need two marketing plans – one to market your franchise opportunity to potential franchisees, and another to market your franchise to potential customers. The marketing of all of the franchises is usually paid for with the marketing pool fund, which each franchisee contributes to, as agreed to in the franchise agreement. You should have a solid marketing plan in place, as potential franchisees would want to know about it in advance.
Marketing the franchise opportunity is a bit easier. You can market your franchise online at franchise op...
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