2020 Workshops

 FRANCHISING YOUR BUSINESS

This seminar is ideal for business owners interested in franchising or those simply looking to determine if franchising is a legitimate growth option. It will help business owners understand whether they have a business that is franchisable and how franchising stacks up against alternate growth strategies (such as licensing, dealer models, and joint ventures). Attendees will also gain a thorough understanding of the process of franchising, including necessary resources, costs, and personnel needs. Discussions will include the advantages and disadvantages of franchising, and will provide a framework for analysis that will allow business owners to understand whether franchising is the best strategy to reach a company's future expansion goals.

All course materials are in English only. All Workshop attendees receive free admission to the exhibits on all three days.

Rates

$180 includes exhibit hall admission and seminars

Who Should Attend

This seminar is ideal for business owners interested in franchising or those simply looking to determine if franchising is a legitimate growth option. Those who will benefit are CEOs, COOs, and CFOs of companies seeking alternative methods of distribution, reorganization strategies, and additional pull through strategies, as well as business consultants whose clients require them to have a working knowledge of franchise development and management.

This Workshop Will Look At

  • How small businesses have used the power of franchising to create a $1 trillion market force.
  • Definition of franchising. How to tell if the relationship you create will cross the threshold.
  • Advantages and disadvantages to franchising, and when franchising is an appropriate growth vehicle.
  • Alternatives to franchising, including company-owned growth, licensing, joint ventures, agencies, and dealerships/distributorships.
  • How to determine if your business is actually franchisable.
  • Determining the adequacy of returns for the franchisee and the franchisor.
  • How to determine if franchising is a part of the best possible growth strategy for your firm.
  • Understanding the process of franchising a business.
  • Using goal-driven planning to develop your business plan.
  • Developing an appropriate franchise structure.
    • Determining the value proposition
    • Franchise sales strategies and speed of growth
    • Developing an appropriate support structure
    • Determining fees, royalties, and other sources of revenue
    • Territory and other issues affecting growth
  • Tools and techniques for ensuring quality control in the franchise process, including Operations Manuals, Training Programs, and more advanced training techniques.
  • Compliance with franchise laws and regulations.
  • Other laws affecting franchisors: Trademark, Business Opportunity Laws, Relationship Laws, and Anti-Trust Issues.
  • Marketing your franchise effectively.
  • Effective use of the Internet and technology within franchising.
  • The Franchise Sales Process.
  • Costs and returns of implementing a franchise channel of distribution.
  • The decision to franchise.
  • Best practices for established franchisors.