Franchise Euphoria: Franchise Insights | Entrepreneurial Coaching | Business Training | Legal And Financial Strategy

You’ve built a successful business, and think you’re ready to franchise it. But how can you be sure? Today our host, franchise expert and attorney Josh Brown, shares six things to consider before taking that leap, and some of them might surprise you.   Key Takeaways: [:42] Josh is frequently asked by people if they should franchise their business. [1:35] It’s a good idea to have two operating locations before you franchise. [2:55] The current success of your business is a big indicator of whether or not you should franchise. [3:25] You must understand the numbers. [4:04] Most businesses start out very simple and aren’t based on a solid strategy. [5:33] You should have a proven system that you can explain. [5:50] Your system should be simple. [6:44] Keep your eye on the focus of the business. [7:00] You must have an operations manual. [8:24] Josh has created an operations manual template. If you are interested in using it, email him at josh@indyfranchiselaw.com. [8:51] Not all operations manuals are created eq