Franchising Business Plan




Franchising
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Horacio Sanchez Careaga
Entrepreneur, Mexico

Franchising Business Plan

I'm working on a business plan, approach and business vision to make a business into a franchise. My question is: does my business plan have to be different from 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?
 

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Maurice van der Woude
Organisatie Adviseur, Netherlands
 

Franchising and Business Plan

In my opinion in any business plan 4 key elements should be taken into account:
- Finance,
- Resources,
- Environment, and
- Organization.
These elements are recurring every time and each one requires a specific approach to come to a workable strategy and/or value proposition.
A 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.

 
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Boxall
Business Consultant, South Africa
 

Critical Factor in a Franchising Business Plan

Horacio, you are on the correct path, the critical factor is the market place, is there a niche in t... Sign up

 
2
John Gee
Director, United Arab Emirates
 

Franchising Plan: is your Product Franchisable?

Franchising is certainly a quick model to grow your business, however your business needs to be a co... Sign up

 
3
Marzuki MBA
Business Consultant, Malaysia
 

Creating a Franchise Business Plan

As far as the planning (strategy) is concerned, the approach to developing a franchise business plan... Sign up

 
1
Sonia Salvatierra
Consultant, Spain
 

Unique Factors in Franchising Plans

Agree with your 'unique Factors'. According to my personal experience, in addition to the usual str... Sign up

   

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