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Come up with your franchise model
Every business that opens up to franchising has its own business model that applies to the industry that the business belongs. A franchise model is a necessity, and this is what you’ll include in your website or other franchising forums. You’ll need the public to know about the following: Your franchising guidelines Your franchise fee and other costs such as initial investment and capital Services offered to franchisees, such as skills training and assistance for the first 6 months of operation Your terms and conditions of renewal These aspects will comprise your franchise model and also makes up the bulk of the inquiry of would-be franchisees.
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