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FranchiseRight Institute

Franchisor Coursework

The FranchiseRight Institute prepares prospective franchisors to lead. We believe that franchisors have a responsibility to their stakeholders (i.e., shareholders staff, franchisees, suppliers, the community in which the franchise is located, and each customer of the franchisee) to operate a best-of-class franchise system. In our experience, investors also want a leader that can guide an experianced management team to deliver the anticipated return-on-investment. All Franchisors incubated at FranchiseRight are requied to complete 5 levels of coursework plus Boot Camp

Level 1. Franchisor Forum Week (40-hours)

  • Valuation / Capitalization Plan / SEC Compliance Plan
  • IP Protection / Asset Protection / Structuring
  • Advisory Board / Development Team / Packaging
  • Angel Insights / Capital Presentations / Professional Image
  • Franchisor Innovation and excitement
  • Franchise System Concept/Program/Plan Development
  • Project Management / Project Sequencing / Development

Level 2. Basic Business and Franchising (40-hours)

  • Organizational Structure / Knowledge Management
  • Business Operations / Business Law / Corporate Governance
  • Franchisor Operations Management / FTC Compliance
  • Franchisee Selection / Qualification / Training / Support
  • Human Resource/Supplier Management / Conflict Resolution
  • Financial Planning, budgeting, accounting, and Risk Management
  • Process and Quality Management
  • Customer Service and Loyalty (Voice of the customer)

Level 3. Franchisor & Franchisee Marketing (40-hours)

  • Preparing a Franchisor Marketing Plan
  • Preparing a Franchisee Marketing Plan
  • Marketing Strategy/Tactics / Budget
  • Advertising / Collaterals
  • Social Media / Networking
  • Web / Internet / e-commerce / SEO Strategy
  • Lead Generation / Directories / Tradeshows
  • Franchise Sales / Consumer Sales
  • Promotion / Public Relations / Cause Marketing
  • Media / Crisis Management
Level 4. Leadership Skills for Franchisor (40-hours)

  • The Franchisor/Franchisee relationship
  • The Qualities/characteristics of Great Franchisor Leadership
  • Leading for Results
  • Leadership Responsibility, Ethics, Social Responsibility
  • Personal Time Management Strategies
  • Overcoming obstacles, Goals and Action Planning
  • Understanding Human Behavior and Motivation
  • Communication and Teambuilding
  • Delivering Excellent Customer Service
  • Documenting Process and Quality Management

 

 0. Boot Camp
FranchiseRight provides a “boot camp” specifically-designed for those entrepreneurs thinking about franchising at some point in their future – immediate or long-term. This coursework is primarily on (i.) helping the prototype business “excel” (ii.) providing self assessment tools to determine if the entrepreneur and the business is franchisable. Graduates of this 5-day intensive will have a great orientation on franchising and find out how to start preparing their business for franchising. Franchise Buyers attend the first 4-days to learn about franchising and how to select a franchisor

Boot Camp Coursework

  • Franchisor Leadership
  • Franchisor Responsibility
  • Prototype Assessment
  • Franchisor Best Practices
  • Marketing Strategy/ Tactics
  • Sales Strategy and Tactics
  • Entrepreneur Visioning
  • Fostering Entrepreneurship
  • Franchising Strategy
  • Franchising Preparation
  • Franchise-FTC Compliance
  • Franchising Practical
  • What do franchisees want?
  • Franchise Business Plans
  • Project Management

        

Level 5. IFA Certification
We encourage all franchisors to achieve certification by the International Franchise Association (IFA) as a Certified Franchise Executive. The FranchiseRight Institute helps prepare applicants for the course (offered independently by the IFA). Partnership Program participants are required to successfully complete this high-level IFA course.