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ABOUT USOur Perspective - More Information
The total cost can vary based on the type of business, the program to be developed, and the degree to which the
existing company unit (prototype business) is prepared. The majority of the pre-development costs can usually be attributed to the preparation of operational documentation that should already be in place (i.e., business plans, marketing plans, manuals, etc.) in companies operating one or more units. Fortunately, the development costs and capitalization of a franchisor is minimal compared to the potential returns for a successfully operating franchise system. For most companies we assess, it is "academic" anyway as developmental and operational costs are usually covered by third-party investors.
existing company unit (prototype business) is prepared. The majority of the pre-development costs can usually be attributed to the preparation of operational documentation that should already be in place (i.e., business plans, marketing plans, manuals, etc.) in companies operating one or more units. Fortunately, the development costs and capitalization of a franchisor is minimal compared to the potential returns for a successfully operating franchise system. For most companies we assess, it is "academic" anyway as developmental and operational costs are usually covered by third-party investors.
By developing a franchise system in addition to, or in place of, an operating prototype (no Federal or State law requires the Franchisor to own or operate a prototype), your new venture will become more attractive to investors than any single-unit business or local multi-unit operation due to the scalability and exponential expansion potential of a franchise system. Using the FranchiseRight System, you can fully develop, fund, and launch your franchise in as little as 12-months.
