Complete our franchisability questionnaire and receive a complimentary industry overview during our initial 1-hour call. This questionnaire helps set the stage for us to delve into your business model, providing insights into your corporate and departmental development, as we strategically plan for your franchising success.
Strategic Planning for Your Business Success:
Franchise-IQ’s Franchise-IQ’s management team, composed of industry veterans, embodies decades of experience in corporate level strategic planning, Our business strategic development. expertise has been instrumental in facilitating the growth of both public and private companies. We begin your business strategic planning by conducting a detailed review of the external business environment, your industry, and your business model; and, how it all relates to your strategic market position. As one of the leading corporate development companies, we harness our knowledge and skills to guide you toward optimal expansion and success.
At Franchise-IQ, we work side by side with you to:
- Identify and refine your objective
- Identify internal and external factors effecting the business
- Anticipate the potential risks
- Assess market opportunities
- Formulate a strategy to achieve the desired results
- Develop a strategic plan that aligns with your goals
For your organizational development, our organizational development service helps you to map your short-terms and long-term objectives, and formulate the steps necessary to develop your franchise business operation – outlining you training, support, technology infrastructure, and financial management criteria.
For strategic planning and market placement, we review your financials and prepare model projections. We work with you to formulate a proper fee structure to support your franchise operations while still remaining competitive within your marketplace. We help you prepare a desired path for franchisor evolution the as the business network grows.
This data is designed to provide you with an analysis of:
- External Business Environmental Impact
- Industry Factors and Impact
- Business Operations – within the industry, and economy overall
The learning objective during this process is designed to provide you with an better understanding of:
- Market factors
- Steps to franchise your business
- Network/model growth
- Management, team and departmental development
Franchise-IQ’s corporate development services go hand-in-hand with our strategic planning consultancy services, and are a vital part of your growth and expansion plans. Our corporate development services involve a forward-looking approach that is designed to help our franchise clients establish the cornerstones to achieve their strategic goals of expanding into new markets. Below are the core areas of focus for our corporate development services:
Our strategic planning consultants and organizational development consultants work with you during the corporate development process to establish the formal structure of your franchise business that will act as the foundation of your organizational development. For example, during this phase, we work with you to establish entities, and prepare necessary article, bylaws and resolutions; to facilitate the drafting of licensing agreements between entities; to develop employee and key employee agreements. And, if necessary, coordinate the filing of trademark applications.
Also, If you need to reorganize your corporate structure, or protect certain assets before you expand, an organizational development consultant can assist you.
As part of the corporate development process, we work with you to showcase the strategic development of you vendor & supplier relationships, which are critical in franchising, or work with you to develop them for expansion purposes.
Good vendor and supplier relationships provide several benefits to franchisees, including consistent quality across all locations, cost-effectiveness through discounts and better pricing, and, possibly, valuable support and training to franchisees, such as product knowledge and best practices for equipment usage.
Additionally, vendors and suppliers often provide new products and technologies to the franchise network, which can help franchisees stay competitive in the market.
These and other factors addressed during our development strategy discussions are designed to plan for product needs in advance of your business’ market expansion.
As you are developing your franchise model, raising capital, managing debt, and investing in expansion opportunities are frequently part of your growth objective. We can work with you to establish financial strategies that align with your goals, whether it’s to raise capital for a new technology or expanding operations in a foreign market. The goal of our corporate finance services is the help you establish methods for improving cash flow, increasing profitability, and reducing financial risk.