info@onpacefranchising.com | 3513 N Central Ave, Chicago, IL 60634

How to franchise my business? Is one of the main questions that people ask, before they find our franchise consultant company. Congrats on being in a position to consider offering a franchise opportunity.

Our team has experience that will help you save a lot of time, money, and hassle in building your franchise business.

What does it cost to franchise my business? How hard is it to franchise my business? Is it expensive to franchise my business? What are the pros and cons of offering my business as a franchise? Our franchise consultants will be able to help answer all these questions and more. On Pace Franchising will provide you with a crystal clear understanding of what it will take to successfully franchise your business.

The first thing that our franchise consultants will work with you on is discerning whether or not becoming a franchisor is right for your business. There are many pros and cons to being a franchisor and our franchise consultant team will be the first to tell you that it isn’t for everyone.

Here is a short list of some of the steps that our franchise consultant team will help you with, when you decide to become a franchise your business:

  1. Establish a legal entity for your parent company that is in the business of offering  your franchise business opportunity.
  2. Make sure that your logo and other trademarks are registered with United States Patent and Trademark Office.
  3. Structure and flush out your franchise system and business model.
  4. Prepare audited financial statements to meet federal requirements of anyone looking to offer a franchise business opportunity.
  5. Write up and put together your Financial Disclosure Documents (FDD) to satisfy the FTC requirements, so you can legally offer your franchise business opportunity.
  6. Get your complete franchise packet to a franchise attorney so they can review everything and file your paperwork with the appropriate state and federal offices.
  7. Find the right funding solutions to make sure your franchising business has the needed capital to succeed.
  8. Draft and prepare all the training, resource, and support materials that you will need for franchisees once you are an official franchisor.
  9. Come up with everything you need to market your franchise business opportunity to potential franchisees.
  10. Define and create your franchise application and approval processes.
  11. By providing on-going support in many different ways as you offer and award franchises.

Our franchise consultants and business experts will help you avoid many common mistakes and make the right decisions to set you up for long-term success.  Our success is greatly determined by the long-term success of your franchise business.

Contact us for a FREE Consultation!

Have questions or comments? Get in touch! We’d love to hear from you.

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