Look at the hotel franchise agreement that you prepare for your franchise owners as step one on a long relationship of profits and growth.

November 26, 2011 by  
Filed under Franchise Articles

The hotel franchise agreement that you prepare for your franchise owners is one of several important franchise documents that will make your plans for franchise success take off.  When you are preparing to franchise your company, the composition of the various franchise documents can get tricky.  By the time that hopeful franchise owner comes to the table to sign the hotel franchise agreement with stars in his eyes, he should be well broken in by the process that you have in place leading up to that eventful day.

You know how to make a hotel take off and become a profit generating superstar and that is why you want to use the hotel franchise agreement methodology to turn a big success into a mammoth marketing dominating powerhouse.  Make sure that you bury in that hotel franchise agreement that the franchise owner will jump through the hoops that it takes to make a hotel go from a building by the side of the road to a place that your customers call home away from home.

Of course, by the time that eager new franchise owner shows up with pen in hand to sign your hotel franchise agreement, they already know your insider tricks of the trade.  Some weeks before signing day arrives, the franchise applicant had the big challenge of wading through that very involved and detailed franchise disclosure document where you spill your guts about who, what, when and why your hotel is a success where others have gone belly up.

This A to Z document makes that franchise owner a member of the insider family.  So you want to seal the deal with a binding hotel franchise agreement that puts that hard working franchise owner to work building another hugely profitable hotel outlet for your company.

Turning that new franchise owner into a big game hunter for bringing in the huge crowds of customers.

When it comes to the hotel business, one thing matters and that is putting bodies in those cushy beds and filling those empty rooms each night.  When you add a franchise owner at the moment that hotel franchise agreement is put in place, you want to know that your new franchise partner can put bodies in those beds and in your restaurants and using all the other money generating services your hotel offers.

You will do much of that fact checking before the hotel franchise agreement is ever put on the table for signatures. You will run a check on that franchise applicant to make sure they know how to turn a small business into a big success. Before you agree to let that franchise applicant sign your hotel franchise agreement and hang your company name on their hotel, the homework for the right locations and what customer niche that they will target will be set in stone. If all of that preparation looks and smells good, it should be a happy day all around when the hotel franchise agreement is signed and you are ready to cut that franchise owner loose to become a record breaking success for your company.

 

Take a look at the Subway operations manual when you are considering which franchise to buy.

November 19, 2011 by  
Filed under Franchise Articles

The Subway operations manual may seem like an odd place to spy on one of the most successful fast food franchises in the world but think again. The franchise operating manual for the Subway chain has buried in it the secrets to their success.  It is those secrets that make Subway a worthwhile candidate if you are thinking about where you will put your franchise purchasing investment money to start your own fast food restaurant.

There is no question that thinking hard and long about investing in a franchise from one of the top dogs in the fast food franchising world is just plain smart.  The big shots in franchising in fast food such as McDonald’s and Wendy’s got that way because they know the lay of the land in conquering the world of franchise fast food sales and then dominating that world year after year.  Some years ago, Subway sauntered in as the new kid on the block and took over that world.  The Subway operations manual tells the tale of how they staged that revolution in the fast food franchising world and how they did it on their own terms.

The Subway operations manual has the insider secrets for of how Subway changed the game for how to run a very successful restaurant franchise. It details how to run a Subway with lower overhead which means more profits. When you go to a Subway, you will notice that it runs with a bare bones staff and yet the store runs very well. That is one of the many secrets of efficiency spelled out in the Subway operations manual.  It is also one of the big secrets of success that make Subway a sweet candidate to get a franchise agreement from.

Subway sets the bar high for taking good care of their franchise owners and that makes Subway an attractive franchise to own.

What really jumps out when you start to crack the covers of the Subway operations manual is how Subway set the bar high for franchise owner support.  They really pour the tender loving care into their franchise owners. If you think you will fork over your hard earned franchise fees to Subway and never hear from them again, you can forget it.  They are true mother hens about making sure that their franchise owners are happy campers.

That means that when you turn to your Subway operations manual, you have the muscle of the entire home office at your fingertips.  They bend over backwards to be partners with their franchise owners. They are not just there when you are carrying the huge mountains of profits to the bank in wheelbarrows.  The Subway operations manual is a life boat of answers to how to deal with problems at the street level. It provides a huge amount of resources that Subway offers to make sure that they are there with you in the trenches to fix things when they go wrong just as much as they are there to help celebrate your huge success.

Franchise templates are easy to tap into so you can educate yourself in what it takes to buy your own franchise long before you start making deals with the franchising company.

November 12, 2011 by  
Filed under Franchise Articles

Using franchise templates as part of preparing yourself for the adventure that is just ahead of you of buying your own franchise is just smart business. When you walk in to that room to sign those franchise agreements  and you are smart, aware and you know there will be no surprises, that is a great feeling.  It is also a great feeling to know that you are on top of this project to start your own business through franchising and that you can talk the lingo with the big dogs because you took the time to study different franchise templates well in advance.

Taking it upon yourself to find and examine the franchise templates of the major franchising documents you will see flood your mailbox is like going to the gym before the big game.  You are giving yourself the edge so that when you are faced with the real deal, it will be simply a matter of ready aim fire for you to move quickly toward sealing that big fat franchising purchase that you want.  Great athletes know the value of training and so do military people. So why not take advantage of their strategies so you are armed and dangerous when you start to dicker with the franchising company for the best deal you can get.

Taking the fear and trembling out of franchise documents.

When you set out to buy a franchise from a large company, you are in a whole new world that comes with its own little language.  By hunting down some reliable franchise templates, you can put yourself through lingo school so that you will be able to babble like a native of franchising and know what you are talking about to boot. It is true that the franchising company is required to write their major franchising documents in language that is not completely peculiar to regular human beings. It is still smart to tap into the resources of franchise templates because you will get feel for the layouts and what each document is telling you about the big transaction that is ahead of you when you actually purchase that new franchise small business.

There are certain significant documents that will be heading your way once you complete the franchise application to get the ball rolling.  One of the first documents you will see will be a huge publication called the franchise disclosure document.   Be sure you know what to look for in this huge stack of papers because it is pure gold in terms of putting you in the driver’s seat when it comes to the franchise purchase you are working on.

Along with the franchise disclosure document, you can find franchise templates of the franchise agreement and the franchise operations manual and each of them will be a huge benefit to your learning curve that will result in you transforming into a true franchising expert. That is a good transformation to complete quickly and tapping into franchise templates is just one way to put the pedal to the metal to make you a franchise guru sooner rather than later.

 

The franchise application form is step one of your exciting new career as a franchise small business owner.

November 5, 2011 by  
Filed under Franchise Articles

Look at the arrival of that franchise application form as the beginning of your exciting journey that ends with you owning and operating your own franchise small business. Do not let the fact of life that you are going to have to deal with various franchising documents during the short window of time before you sign that all important franchise agreement put a damper on your enthusiasm. Instead greet that franchise application form with open arms and sink your teeth into it because once that document is complete and filed with the franchise company, you are on your way to a life of excitement, small business ownership and plenty of success.

It is good to keep in mind that the franchise application form is not an application for employment.  Don’t go run in the closet when this important franchise document shows up.  It is understandable that you want to launch out and make your fortune as a small business owner.  The thing that will make you a big hit with the franchising company is your entrepreneurial side that is not interested in just drawing a paycheck. At the same time, even the most intrepid small business owners have to sign a few deals and play ball with business partners.  Completing and submitting that franchise application form is playing ball in the big leagues to be sure.

The franchise application form tells the franchising company that you are legit.

A big reason why there is plenty of time built into the time between when you finish the franchise application form and when you set up shop as a franchise owner is that both you and the franchising company have to check each other out.  Your part of making sure the franchising company is too legit to quit is by reviewing the franchise disclosure documents  that will show up not long after the franchise application form is done.  Be prepared because the FDD is a monster to go through so give it some serious attention.

At the same time the franchise company has to make sure that you are not a flake and that you can deliver when they hand over a profit generating franchise to you. They are not going to give you a franchise on your good looks so they need the information on the franchise application form to check you out. Spill your guts on the franchise application form and don’t make them go on a wild goose chase to verify that you are a serious franchise applicant and that you can turn that new franchise into a money generating nuclear bomb.

Above all, when you are filling out that franchise application form, be honest.  The franchise relationship is grown up business so this is no place to get frisky. Give them all of the information they need and wear your heart on your sleeve in the parts of the franchise application form that probe your motivations for wanting to own a franchise. These sections of the franchise application form are there so they can look into your mind and see that you are a go getter, a business man or woman to be taken seriously and that you will work like a dervish to make that new franchise a huge success.