Considering Franchising Your Business?

Franchise Development Services Managing Director Roy Seaman offers his advice.

Irish Franchise Magazine:

When we were conducting market research prior to the establishment of Franchise Development Services in 1980, Franchise Consultants were few and far between. People who owned businesses or had ideas that they thought could be franchised did their best, but there was an 80 per cent failure rate suffered by those endeavouring to franchise their business at that time. Today, thanks to the ready availability of more experienced Franchise Consultants, Lawyers and other professional advisers, the failure rate has been reduced to 40 per cent. So what separates those that succeed from those that fail?

Often it is the calibre of the Franchise Consultants and Franchise Lawyers that are part of the think-tank and advisory team. What many people do not realise when they embark upon their Franchise Development Programme is that there are several different ways in which a business can be franchised.

An experienced Franchise Consultant can not only recognise the best way to franchise a business, but provide valuable advice and guidance in all of the sectors that are so critical in designing the business model for successful national, and indeed international, franchise development.

Carry on reading.

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