SMB Franchise Advisors

Once a concept is officially a franchise, there are a few crucial steps to ensure the franchising future runs smoothly.<a href="https://www.linkedin.com/in/steve-beagelman-58535210/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=ifa-we-are-officially-a-franchise-now-what-2720191" target="_blank" rel="nofollow">Steve Beagelman</a>, president and CEO of&nbsp;<a href="http://www.smbfranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=ifa-we-are-officially-a-franchise-now-what-2720191" target="_blank" rel="nofollow">SMB Franchise Advisors</a>, joined the IFA WednesdayWise webinar to discuss what a new franchisor needs to know.“The Franchise Disclosure Document is the most important thing, no doubt about it,” Beagelman said. Working with a consulting firm and qualified franchise attorney can ensure that the FDD is both compiled well and includes the correct information.An operations manual, franchise website and strong Discovery Day plan are equally important.Building relationships with strong vendors allow franchisors to better grow as well.“Having a relationship, whether it’s with a funding partner, payroll company, technology… When you’re an emerging franchisor, you don’t think it’s important initially,” Beagelman added. “You just want to go out there and sell.”However, developing these relationships can mitigate many of the challenges that can be crushing to an emerging franchisor. Having the correct systems in place to attract, evaluate and implement the best franchisees is what will best set the concept up for long-term success.Watch the full video&nbsp;<a href="https://www.youtube.com/watch?v=jI7owknvS-Y&utm_source=1851franchise.com&utm_medium=article&utm_campaign=ifa-we-are-officially-a-franchise-now-what-2720191" target="_blank" rel="nofollow">here</a>.

IFA: We Are Officially a Franchise… Now What?

1851 Franchise

Separating the “nice-ities” from the “necessities” allows a franchisor to proceed appropriately.

This brand page has been paid for by SMB FRANCHISE ADVISORS. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

ifa-we-are-officially-a-franchise-now-what

FRANCHISE INFORMATION

Contact

About SMB Franchise Advisors

5 Questions About Franchising Your Business

SMB's Services

Hear From Some of SMB's Clients

Connect with SMB Franchise Advisors

Learn

Visit Website

SMB FRANCHISE ADVISORS

Our Founder

LinkedIn

Facebook

SOCIAL MEDIA

Forbes: How (And When) To Franchise Your Business

Forbes: How To Create And Maintain Strong Franchisor-Franchisee Relationships For The Long-Term

Forbes: What to Consider if You’re Thinking of Opening a Franchise

SMB FRANCHISE ADVISORS MOST READ STORIES

LOGIN

ABOUT SMB FRANCHISE ADVISORS

CONTACT SMB FRANCHISE ADVISORS

facebook

linkedin

First Name

Last Name

Email

Phone

Street Address

City

State / Province

Zip Code

Contact SMB Franchise Advisors

Forbes: Why Franchisors and Suppliers Should Attend This Year’s International Franchise Association Conference

forbes-why-franchisors-and-suppliers-should-attend-this-years-international-franchise-association-conference

Forbes: Three Pillars Of Success For Franchisors In Franchise Development

forbes-three-pillars-of-success-for-franchisors-in-franchise-development

Franchise Dictionary Magazine: U.S. Military Veterans And Franchising Are A Perfect Match

franchise-dictionary-magazine-us-military-veterans-and-franchising-are-a-perfect-match

IFA: We Are Officially a Franchise… Now What?

MORE STORIES LIKE THIS