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Are you ready to franchise your business? If you are reading this, you have likely created an established brand that you believe to be duplicable and ready to offer as a franchised concept. What you may not realize, however, is that the transition from business owner to franchisor has its own challenges, beyond that of simply replicating the business model.
Over my two decades in franchising, from the franchisor, franchisee and consultant perspectives, I’ve learned that the success rate of a franchised concept is directly dependent upon the strength and leadership of the franchisor.
Here, I’ll discuss some important expectations as you
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