WHAT IS
THE PROCESS
Evolution Franchising has one goal: significantly streamlining the process of finding and evaluating franchise opportunities for the people we work with. Our service, offered at no cost to the individual, leverages the industry's most knowledgeable consultants to find your "Perfect Match." This tailored approach not only saves time and reduces stress but also maximizes the chances of success in franchise ownership.
Initial Call
Begin with an introductory conversation to understand needs, goals, and the overall scope. This is the foundation for the project.
Model Development
Develop a detailed business model that outlines the strategy, financials, and operational plan. This step is crucial for understanding how the franchise will operate and succeed.
Pinpoint Franchisors
Identify potential franchise opportunities that align with the business model and strategic goals. Focus on franchises that offer the most promise for success and growth.
Assess Information
Evaluate the information gathered about each franchise, including financial performance, market position, and compatibility with the business model. This assessment should be thorough to ensure informed decision-making.
Conduct Validation
Interacting with the existing franchisees of the franchise companies you are evaluating is a mission-critical step in understanding what an owner's day will be like. This step is vital for understanding whether you have the skills to execute the franchisor's business model.
Take Action
Based on the gathered insights and analyses, make a decision and take the necessary steps to pursue the chosen franchise opportunity. This could involve negotiations, signing agreements, and beginning the implementation phase.
By following the IMPACT process, you systematically approach the task of selecting a franchise, ensuring each step builds upon the last, leading to a well-informed and strategic decision.
The CANDIDATE EVOLUTION
