DC Strategy News Room

Is your business in the position to franchise? If you have a business that has a unique selling point, is easily replicable, has been running for more than a few years, is profitable and you have a desire to grow, then it might be time to consider franchising. Before you start the franchise process you will need to establish a structure that can be readily employed by franchisees, this means there needs to be systems across all of your business streams that are documented, tested and replicable.

Has your business reached a critical point of growth with strong sales in your local market, a database of loyal customers and a desire to establish a regional or national presence? If this is the case, franchising is often an appealing model. With investments from franchisees, your business, brand and operations can quickly extend beyond the current base before the competition has a chance to get a foothold.

A brand new The Little Cha bubble tea franchise store has officially opened in Melbourne!

As franchising specialists, we often meet with business owners who look to franchise their business by only obtaining the necessary legal documents. In most cases, these business owners struggle to succeed in the competitive franchise market because they skip the integral research, strategy and planning stages of franchising that are specific to their business offering.