1851

At some point in your journey toward becoming a franchisee, you’ll most likely be invited by the franchisor to attend what’s commonly known as Discovery Day. This event provides potential franchisees with a firsthand look into the franchisor’s operations, culture and overall business model.&nbsp;In this installment of the “How to Buy a Franchise” Masterclass,&nbsp;<a href="https://1851franchise.com/">1851 Franchise</a> publisher&nbsp;<a href="https://www.linkedin.com/in/powills/?utm_source=1851franchise.com&amp%3Butm_medium=article&amp%3Butm_campaign=how-to-buy-a-franchise-what-is-franchising-2724806&utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-to-buy-a-franchise-attending-your-first-discovery-day-2724970" target="_blank" rel="nofollow">Nick Powills</a> sheds light on what you can expect from your first Discovery Day.&nbsp;<h2>What to Expect&nbsp;</h2>Many franchisors hold&nbsp;<a href="https://1851franchise.com/what-is-discovery-day-and-do-you-need-to-attend-2721860#stories">Discovery Day</a> events as a way to facilitate a deeper connection between potential franchisees and the franchise system. They will use this as an opportunity to introduce their leadership team and showcase the inner workings of their franchise model.&nbsp;“This is your opportunity to go and see the franchisor in their environment,” said Powills.&nbsp;As mentioned in a previous Masterclass, the franchisor will also be using the Discovery Day to evaluate you and other potential franchisees. Just as you will be reviewing the brand, they too will want to ensure that the entrepreneurs who are considering joining their system align with the brand’s overarching values.&nbsp;Some franchisors may also invite you out for a meal, which can be a more relaxed and informal way of fostering a connection. However, it’s important to stay on your toes as this informal setting still plays a role in the overall evaluation process.&nbsp;Ultimately, use Discovery Day to solidify your understanding of the franchise system. This is your time to make sure the brand is willing and capable of supporting you and your potential business in exchange for your franchise fee and an ongoing royalty. Be prepared, bring questions and come to the table with a game plan that shows that you’ve thought this through.&nbsp;“Prove to them that you want to be a part of the system,” said Powills.&nbsp;Are you in the process of seeking out franchise opportunities? We can help! Check out&nbsp;<a href="https://1851growthclub.com/?utm_source=1851franchise.com&amp%3Butm_medium=article&amp%3Butm_campaign=how-to-buy-a-franchise-what-is-franchising-2724806&utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-to-buy-a-franchise-attending-your-first-discovery-day-2724970" target="_blank" rel="nofollow">https://1851growthclub.com/</a> for more information.&nbsp;

How to Buy a Franchise: Navigating Your First Discovery Day with Confidence

1851 Franchise

1851 Franchise’s “How to Buy a Franchise” Masterclass reveals what you can expect from your very first Discovery Day and why it’s important to be prepared. 


How to Buy a Franchise: Attending Your First Discovery Day 

how-to-buy-a-franchise-attending-your-first-discovery-day

Children's Lighthouse

Children’s Lighthouse Wraps Up Q1 With Two New Openings and Continued Industry Recognition

childrens-lighthouse-wraps-up-q1-with-two-new-openings-and-continued-industry-recognition

Happy Joe’s Franchising

Why Texas Is the Perfect State To Open a Happy Joe’s Franchise

why-texas-is-the-perfect-state-to-open-a-happy-joes-franchise

Seniors Helping Seniors®

Photo of two people, with white hair, sitting on couch, smiling at each other

Seniors Helping Seniors® In-Home Care Services Expands in Manassas and Fredericksburg, Virginia

seniors-helping-seniors-in-home-care-services-expands-in-manassas-and-fredericksburg-virginia

BooXkeeping

Tech-Driven Bookkeeping: How BooXkeeping Franchisees Are Embracing the Future

tech-driven-bookkeeping-how-booxkeeping-franchisees-are-embracing-the-future

Fitness Premier

Fitness Premier's State-of-the-Art Facilities and Multi-Discipline Approach Fuels Franchise Owner Success

fitness-premiers-state-of-the-art-facilities-and-multi-discipline-approach-fuels-franchise-owner-success

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Layoffs Surge to Pandemic-Era Highs, Opening Doors for Franchise Growth

layoffs-surge-to-pandemic-era-highs-opening-doors-for-franchise-growth

FAT Brands Becomes First Restaurant Franchise To Accept Bitcoin for Royalty Payments

fat-brands-becomes-first-restaurant-franchise-to-accept-bitcoin-for-royalty-payments

Yum! Brands CEO David Gibbs To Retire in 2026 After 36 Years With the Company

yum-brands-ceo-david-gibbs-to-retire-in-2026-after-36-years-with-the-company

Hooters Bankruptcy - Chapter 11 - April 2025 - 1851 Franchise

Hooters Files for Bankruptcy, Sells Restaurants to Franchisee Group

hooters-bankruptcy-chapter-11-april-2025

Fly Dance Fitness Expands With First Franchise Location in Georgia

fly-dance-fitness-franchise-expansion

Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025 - 1851 Franchise

Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025

paris-baguette-ranks-among-top-franchises-on-entrepreneurs-franchise-500-for-2025

1851 Agg - McDonald's Sales Decline Expansion Continues - 1851 Franchise

McDonald’s Franchisees Feel the Pressure as Sales Decline and Expansion Continues

mcdonalds-franchisees-feel-the-pressure-as-sales-decline-and-expansion-continues

Design with hundred dollar bill and orange "recession" banner across the middle

ABC News: Recession Risks Are Rising, Economists Say. Here’s What to Know.

recession-risks-impact-economy-franchise-world

Florida Franchisee Reflects on Success and Growth with Sylvan Learning

florida-franchisee-reflects-on-success-and-growth-with-sylvan-learning

Franchise Deep Dive: Studio Pilates Franchise Costs, Fees, Profit and Data

franchise-deep-dive-studio-pilates-franchise-costs-fees-profit-and-data

Military Veteran and Craft Beer Enthusiast to Bring Voodoo Brewing Co. to Toledo, Ohio

military-veteran-and-craft-beer-enthusiast-to-bring-voodoo-brewing-co-to-toledo-ohio

How to Buy a Franchise: Attending Your First Discovery Day

MORE STORIES LIKE THIS