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This part of your franchise business plan presents what form of management your franchise will use, and who will fill each position.
The basis for your conclusions needs to be revealed in this section.
This includes your research and the sources from which you obtained them.
It also covers the hiring and firing policies for employees, as well as motivational tools and rewards to be used.
Identifies who your customer is and how they will be marketed to in order to get their business.
The only difference is that you are using a proven model and may have help from the company.
Because a franchise is a business, you need to have a business plan that is geared to the needs of a franchise.
Franchise businesses are great in that they have much higher success rates than starting a business from scratch.
Now, if you want to start a Franchise business or expand your current one, you need a business plan.
A business plan for a franchise is more complex than one for a regular business, but the purpose is the same.
It will provide your business with a guide for the daily operation, the goals, and emergency directions if they should ever be needed.