If you’re thinking about expanding your business, franchising might just be the perfect development tool to help you achieve your goals. Schedule a call to see if your business is ready for franchising.
Our answer is, why not? With a proven franchising model, you can:
Franchise Growth Solutions™ designs manuals that help you: support your selling strategy; train and motivate new franchisees; manage compliance; and drive the successful growth of your entire franchise system.
Your company’s unique manual will cover all aspects of your franchise development, from daily operations to overall business growth, to site selection and construction, to franchisee training, as well as creating digital assets such as LTO rollouts, templates, and other job aids.
Our primary motivation in building your manual is to set you and your future franchisees up for lasting success.
Learn more about our unique approach and see what sets us apart.
When we say, “comprehensive program,” we really mean it.
Unlike our competitors, who can nickel-and-dime you with add-ons, we make sure everything is included from the very beginning. And yes, your training and inventory programs (typically unavailable without paying extra fees), are in there too.
Actual reason why we charge less: It’s simple. Because we don’t believe a set of operation manuals should cost you $60K to $100K. Especially if you end up with a template written by people that have never been franchisors.
For added value, learn more about FGS franchise sales services.
Real, first-rate franchising is successful because it runs like a well-oiled machine.
There are several steps you’ll need to take to transform your business into a top-class franchise brand––and we’re here to guide you through every single one.
Our team of experts will help you examine your entire business, identifying those criteria that make your model an ideal fit for franchising. We’ll then assist you in nurturing those crucial elements and building a complete system to help ensure the continued success of your franchising journey and that of your franchisees.
This involves a full evaluation of your current concept, its performance, and the points of differentiation you’ll be able to bring to your franchise community.
We can help you determine whether your business is franchise-able and, if so, we can provide you with an approximate franchise timeline, along with a list of estimated costs.
Communicating the inner workings of your business and its systems in a clear, simple, and detailed manner is key to your success and the success of your franchisees.
In addition to laying out your entire operating system, your confidential operations manual can also provide:
The process of building a complete manual will require your input (and your verification for all finalized content). FGS team members will review your prototype, assess, document, and consult before they begin writing a manual draft.
Once a draft is released to you for content review, we’ll revise, format, paginate, and then repeat until the manual is as complete and accurate as possible. We’ll then show you how to update and modify in order to build an “evolving” manual document that remains relevant throughout the entire lifecycle of your brand.
Before we can market your concept to interested parties as a bona fide franchising opportunity, you must first create a Franchise Disclosure Document (FDD).
This document is a necessary legal requirement for compliance with franchise industry regulations. (These regulations include Federal Trade Commission rules and, in some states, may even require you to file a Uniform Franchise Registration Application.)
Although we’re not attorneys, Franchise Growth Solutions will provide you with recommendations on top franchise lawyers to engage for your business. We’ll also provide added guidance as you work alongside your attorney to ensure you’ll be able to sell your franchise anywhere you choose.
The franchise prototype is the single most important representation of your concept, your system, and your consumer-facing business. It’s the “laboratory” in which all innovations are developed––the engine that keeps your brand relevant, organized, and quantifiable.
The franchise prototype you build with FGS will make it possible for other, less-skilled individuals to engage in the successful operation of their own franchised business (while leveraging your system, trade name, and brand reputation).
Many companies fail to live up to their full potential because they never bother to create a strategic plan.
Keeping this in mind, our strategic planning process is designed to develop long-term goals for your company, providing concrete initiatives as well as definitive timelines to help you meet those goals.
The resulting strategic plan will act as a blueprint for your company growth. It will determine all milestones, benchmarks, and forecasting processes. It will also serve as the execution strategy used to carry out the many elements of your company’s comprehensive business plan, including:
This involves a full evaluation of your current concept, its performance, and the points of differentiation you’ll be able to bring to your franchise community.
We can help you determine whether your business is “franchiseable” and, if so, we can provide you with an approximate franchise timeline, along with a list of estimated costs.
Communicating the inner workings of your business and its systems in a clear, simple, and detailed manner is key to your success and the success of your franchisees.
In addition to detailing your entire operating system, your confidential operations manual can also provide:
The process of building a complete manual will require your input and your verification for all finalized content. We review your prototype, we assess, we document, we collaborate and then working together we write your manuals.
Once a draft is released to you for content review, we’ll revise, format, paginate, and then repeat until the manual is as complete and accurate as possible. We’ll then show you how to update and modify in order to build an “evolving” manual document that remains relevant throughout the entire lifecycle of your brand.
Before we can market your concept to interested parties as a bona fide franchising opportunity, you must first create a Franchise Disclosure Document (FDD).
This document is a necessary legal requirement for compliance with franchise industry regulations. (These regulations include Federal Trade Commission rules and, in some states, may even require you to file a Uniform Franchise Registration Application.)
Although we’re not attorneys, Franchise Growth Solutions will provide you with recommendations to top franchise lawyers to engage for your business. We’ll also provide added guidance as you work alongside your attorney to ensure you’ll be able to sell your franchise anywhere you choose.
The franchise prototype is the single most important representation of your concept, your system, and your consumer-facing business. It’s the “laboratory” in which all innovations are developed––the engine that keeps your brand relevant, organized, and quantifiable.
The franchise prototype you build with FGS will make it possible for other, less-skilled individuals to engage in the successful operation of their own franchised business while leveraging your system, trade name, and brand reputation.
Many companies fail to live up to their full potential because they never bother to create a strategic plan.
Keeping this in mind, our strategic planning process is designed to develop long-term goals for your company, providing concrete initiatives as well as definitive timelines to help you meet those goals.
The resulting strategic plan will act as a blueprint for your company growth. It will determine all milestones, benchmarks, and forecasting processes. It will also serve as the execution strategy used to carry out the many elements of your company’s comprehensive business plan, including:
Securing the right funding for your franchise is a crucial step in the investment process. Our team will guide you through various financing solutions and connect you with industry experts who can help evaluate the benefits and drawbacks of each option.
Below are some of the most commonly used methods for financing a franchise.
If you’ve been preparing to start a franchise and have set aside funds specifically for this opportunity, you may have the financial resources to cover the entire investment yourself. Self-funding can be an excellent choice for individuals who prefer to avoid debt and maintain full control over their business finances.
Banks offer both term loans and lines of credit as financing solutions. A term loan provides a lump sum of capital that must be repaid over a fixed period, including interest. In contrast, a line of credit gives you access to funds that you can use as needed, with interest only applied to the amount borrowed. Since banks often offer the most favorable lending terms to their existing clients, it’s a good idea to start by exploring financing options with your current bank.
The Small Business Administration (SBA) is a government agency committed to supporting small businesses by facilitating funding opportunities. SBA loans are issued by approved lenders, with a portion backed by the government, reducing risk for lenders and allowing them to offer more favorable interest rates and terms. Due to these benefits, SBA loans are a popular choice among aspiring franchise owners, providing competitive rates and financing options tailored to small business needs.
Seeking financial support from friends or family is a common way to fund a new business. While this approach can provide flexible terms and a strong support system, it also carries the risk of straining personal relationships if challenges arise. On the positive side, having loved ones invested in your franchise’s success can create a shared commitment to helping the business thrive.
A Rollover as Business Startup (ROBS) allows you to utilize funds from your retirement account to invest in your franchise. Instead of taking out a traditional loan, this method involves using your retirement savings to purchase stock in your business. To properly structure a ROBS, you’ll need a qualified professional to facilitate the process and ensure compliance with legal requirements.
Established and well-known franchise brands sometimes offer in-house financing options tailored specifically for their franchise system. These programs are often structured to prioritize the franchisor’s financial stability rather than the individual franchisee’s credit history. With a streamlined, one-stop approach, franchisor financing can simplify the funding process and provide more accessible terms for new franchise owners.
Private equity (PE) firms have recently begun capitalizing on the benefits of franchise system investments. These days, PE firms will often seek out investments in franchisors of all sizes, as well as in large-scale franchisees who operate several units within a particular brand (or multiple brands).
This pursuit currently shows no signs of stopping.
As a result, we offer our clients all the guidance they’ll need to scale up their franchise system and make it an attractive target for PE investments (or, at the very least, prepare it for proper presentation to an investment firm).
Plus, our expertise enables us to uncover the elusive franchise entity “sweet spot” for each of our member clients. This means we can help spotlight those franchise qualities PE firms and other outside investors will actively search for before deciding on an investment.
For example, we can help “untangle” your systems, allowing you to showcase those aspects of your business most critical to capital raise success, such as:
• How you set up your initial franchise.
• How you grow your franchise program.
• Whether you can “prove out” specific items that match the criteria for PE investment.
We believe the sooner you let Franchise Growth Solutions guide your processes, the less work you’ll need to do once capital raise occurs.
Over the years, Franchise Growth Solutions has developed deep, lasting relationships with numerous local and national lending institutions. If you have a qualified prospect or an existing franchisee looking to supplement their investment with debt, we can help. Our contacts have closed thousands of franchise lending transactions and they stand ready to assist. Here’s just a short list of the companies we can recommend:
None of the communications on this website should be construed as an offer to sell a franchise. We will not offer any franchise for sale: (1) until your state has duly registered our franchise offering or duly exempted our franchise offering from registration, if your state requires registration or exemption; and (2) until we have duly delivered our franchise disclosure document to you in compliance with applicable law.
We occasionally send out important news to our community of business owners and franchisees. We promise we won’t clutter your inbox space.
It’s never too early to engage with the team at Franchise Growth Solutions. Tell us more about you and your business. We’ll get back to you within 24 hours.
We just need to make sure your franchise system runs through some thorough checkpoints with our experts.
Fill out the form below and our team will be in touch within 24 hours.
– Joyce Myers
– Jeffrey Gitomer