Using FDS to franchise your business
Developing a franchise is a challenging undertaking, and only advisable armed with a wealth of practical experience. FDS has been providing consultancy services to UK companies launching their franchises since 1981 - there is no organisation in the world with more franchising experience.
It is surprising how many budding franchisors seek help only after expending a substantial investment on failing to build a workable franchise package themselves. Accessing the franchise wisdom of more experienced parties is an insurance against having to retread these steps further down the line - a costly and difficult endeavour if franchisees are already signed up, especially if the franchise agreement needs amending.
There are a multitude of weaknesses to avoid, such as lack of professional presentation and behaviour, weak brand profile, undercapitalisation, a weak infrastructure for training and support, lack of commitment to franchising, unproven systems, an inability to adapt to changing markets, lack of continuity in key management and lack of effective communication with franchisees.
FDS has provided Franchise Development Programmes to many of the most successful franchises operating in the UK today. We supply advice and full practical assistance in every aspect of realising the goal of establishing and maintaining the successful franchise network, from conception through development to implementation. Our consultants are able to come on board at any stage of development to help steer your franchise towards your goals.
FDS has developed a number of effective Franchise Development Programmes tailored to the specific needs of their respective market sectors for both large and small companies. At the conception stage we can conduct a complete evaluation analysis resulting in a set of recommendations outlining a Franchise Development Programme suited to your business concept. During the development stage we will work with you to put in place the necessary infrastructure requirements, attending to all areas critical to success before starting the recruitment of the franchisee network. Finally, when the franchise is ready for implementation we are well equipped to help you identify the most cost-effective strategy, and manage the leadflow of prospective franchisees to ensure you have the best chances of success.