EDIC assists in determining appropriate business opportunities relative to the franchise business. A standardized system that franchisees follow is a major key to the success of the franchise operation and helps ensure consistency and quality throughout the organization. In addition, we provide considerations and recommendations regarding minimum performance standards and the methods to achieve them related to the franchise business. When performance standards are mandated, the Franchise Agreement includes provisions that clearly dictate the requirements in compliance with the guidelines. Franchisees may be required to provide information to the franchisor regarding sales revenues, royalties, financial data, income and sales tax returns, and other information determined by the franchisor.


Areas of interest

 

Expansion Method Analysis, Feasibility Studies, Business Plans

 

Establish Franchise Reporting Requirements and Performance Standards

 

Establish Site and Location Specifications for the franchise business

 

Establish the Franchise Fee, Franchise Royalty, and other sources of franchise revenue

 

Establish the Franchise Profile

 

Establish Franchise Sales Procedures and Draft the Sales Manual

 

Provide Staffing Considerations and Franchise Sales Training

 

Establish Franchise Communication and Support Programs

 

Create the Franchise Advertising and Marketing Plan

 

Produce the Franchise Brochure, Information Packet, and Related Materials

Coordinate production and printing of franchise manuals, forms, and sales materials

 

Sales and Management Training

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