At Invizbiz we work with businesses not only to create their Ideal Business Model – but if it makes sense and fits the requirements Franchise their business using our unique Franchising Management Platform and approach.
Franchising is not for every business. It is essential that before you go down this path that you fully validate that the Franchise model is appropriate, is viable and more importantly aligns with the requirements of your ideal business model.
To support business in determining this we have created a process called the Franchise Validation Program. This provides 100% clarity of the Franchise model is correct for you and your business, what it can look like, ensure the numbers stack up and identify key strength and weakness areas for developing a clear plan going forward. I will talk over about this later in this chapter and share some details on how this works.
I see Franchising as an excellent approach to help build an ideal business mode if it is done correctly and fully aligns with the requirements of the business and business owner. To provide insights as to why this is the case I will discuss Franchising in relation to 5 specific criteria in which the Invizbiz Franchising process provides some unique advantages and benefits over a traditional business model.
These are:
- Risk
- Leverage
- Cashflow
- Scalability
- Resilience