Imagine your franchise development is done and you are now ready to start awarding franchises. You have worked hard to franchise your business. You are now getting inquiries about your franchise from all over. You’re talking with applicants and bringing on some of these applicants as franchisees (see more about awarding franchises). In the future, when franchisees join your system they will want to immediately start looking for franchise locations. Now what? How can you help? You really should think about having a commercial real estate expert on your team.
Depending on your type of business, the franchise location may be one of the most important contributing factors to the success of your new franchisee. When they select a location (with your help) they must take into consideration site selection, zoning, demographics and cost analysis. Do not to worry, The Franchise Maker makes it EASY for you. We help when it comes to acquiring your own commercial real estate acquisition team to help in finding franchise locations.
The quality of your franchise system is synonymous with the team of supporting professionals at your disposal. The higher the perceived quality of the franchisor’s team, the greater value it will bring to the entire system (read about other ways to bring value to your franchise system). Align yourself with a commercial real estate partner. Our team will help you to provide your franchisees with all the data necessary in the selection of a franchise location and arrange expert representation to secure it.
Your franchisees are busy enough with setting up their new business, obtaining financing and training. A reliable team approach is critical at this point to help your franchisees open quickly (learn why it is important for franchisees to open their business quickly). We encourage that you let a commercial real estate team act as your expert in: site selection, letters of intent, lease negotiation and to help your franchisees take possession of their new location. Here’s the best part; all this is done with no out of pocket cost to you. The seller and/or landlord, in most cases, will pay all commissions due.
Still have questions about helping find franchise locations for your future franchisees? Call us directly at 1-877-615-5177 or simply send us your contact information to learn more about finding locations for franchisees and our proprietary franchise development process. We will gladly answer all your questions.