I have a successful small business; can I franchise it?

Franchising is a proven and profitable way to expand a business – instead of managers overseeing multiple outlets, there are business owners with ‘skin in the game’ and an interest in your business’ success.

First of all you will need a business that is able to be replicated, with systems and processes that have proven to be profitable. Next you need a point of difference that sets you apart from competitors, and a loyal customer base to prove it. Your financial records must be up to date and track your performance over time. 

You will need a franchise specialist to assist you with the paperwork and legalities of franchising your business and complying with the Franchise Code of Conduct. There are also free seminars at every Franchising & Business Opportunities Expo on how to successfully franchise your business.