Franchising Business Plan

Franchising > Forum Log in

Franchising Business Plan
Horacio Sanchez Careaga, Entrepreneur, Mexico

I'm working a business plan, approach and business vision is to make the business a franchise, the question is, my business plan must be different to other business plans?
Estoy trabajando un plan de negocios, el enfoque y la vision del negocio es hacer del negocio una franquicia, la pregunta es, mi plan de negocios debe ser diferente a otros planes de negocio?

Franchising and Business Plan
Maurice van der Woude, Organisatie Adviseur, Netherlands
In my opinion in any business plan 4 key elements should be taken into account: Finance,
Environment, and
These elements are recurring every time and each one requires a specific approach to come to a workable strategy and/or value proposition. Franchise may be no different from other franchise environments. You have to have your strategy in place in order to make your business successful. Without a strategy, it is like shooting in the wild; hoping to hit anything.

Franchising Business Plan
Boxall, Business Consultant, South Africa
Horacio, you are on the correct path, the critical factor is the market place, is there a niche in the market for your franchise?
Simply put, the demographic should be able to be replicated in all areas you intend to franchise, a good example is, it is never prudent to set up an ice factory in the arctic circle!
If you feel that you can meet this criteria, you have a good chance of getting it off the ground.
Good luck, include all scenarios in your planning and monitor a universal living standard measurement for your intended franchise geographic area.



    Do you wish to study further? You can learn more from the summary, forum, discussions, lessons, courses, training, instructions, expert tips, best practices and education sources. Register.  

Special Interest Group Leader

You here

More on Franchising
  • Franchising Business Plan

Best Practices

Expert Tips


About 12manage | Advertising | Link to us | Privacy | Terms of Service
Copyright 2016 12manage - The Executive Fast Track. V14.1 - Last updated: 28-10-2016. All names tm by their owners.