The FDS Evaluation Analysis
In many ways the Evaluation Analysis is the most important investment in the process of setting up a franchise. The twin goals of the analysis are to study the business and its market, and identify what modifications may be required to ensure its smooth transfer to a franchise concept.
The analysis will identify the operation's systems, corporate strengths and relevance in other markets. There will be aspects that are vital to the success of the business which should be built into the franchise concept, there will be elements that must be removed or amended to ensure that the franchise relationship is fair and profitable, and there will be elements that will not affect the franchise either way - the analysis will recommend whether the latter be included or removed depending on the competing costs involved.
When you commission FDS to conduct a pre-entry Evaluation Analysis, we examine and report on up to 21 areas of your business. Having identified the best way to proceed (there are normally three ways in which your business can be franchised), we then outline the work programme and budget requirements. This thorough process will allow you to reach a highly informed decision and identify the most practical and profitable route for the benefit of your own company as well as your future franchisee partners.
Normally, within two to three weeks we will provide a presentation which will help you to crystallise your thinking in all of the essential areas that will be developed to ensure that your franchise achieves your goals.
To find out how FDS can help you transform your business into an established national franchise with our complete, one-stop shop of products and services for franchisors, visit the Using FDS section. Alternatively, to discuss your franchise development goals call FDS on 01603 620 301 or email us today. If you would like to register your business as a prospective franchise in order to qualify for special offers from FDS, complete the form below.
Franchise Your Business:
Please complete the short form below for more information about how to franchise your existing business. If you are looking to buy an existing franchise, please register your enquiry with The UK Franchise Magazine or Franchise International instead.
