fbpx

NOW LIVE: The latest episode of Smart Franchising with Fransmart is now live Mike Axiotis​. Listen now!

Why Franchise with Us

You may ask yourself, “Why should I franchise with Fransmart?” We give you the tools, the tactics, and a strong portfolio of brands when making your franchise investment.

How to Buy a Franchise

Fransmart’s proven 10 Steps to Franchise Ownership is the perfect how to guide for entrepreneurs looking to build wealth through franchising.

Franchise Investor Case Studies

Fransmart has decades of experience in pairing experienced franchisees and qualified entrepreneurs with successful franchise brands.

Coming soon

Become a Franchise Owner

Our portfolio of brands with leading concepts ripe for expansion and best-in-class unit economics.

Franchise Your Business

We are the global leader in franchise development and grow global brands better than any other franchise firm. Learn how to become one of our brands.

Capital Investments

We love investing in early stage brands! We are smart, strategic investors and are always looking for emerging, early stage brands to invest in.

Franchisee Resources

Want To Learn More About Franchising? Learn From The Experts At Fransmart. There’s no better collection of franchise resources and experts.

Apply to Franchise Your Business

We help our brands develop practical franchise development expansion plans with measurable results.

See All Franchise Opportunities

Our portfolio of brands with leading concepts ripe for expansion. Our brands have best-in-class unit economics and a large runway for growth.

About Us

We are proud to work with authentic brands who make people happy. We accelerate the growth of the brands that put smiles on people’s faces.

Services

With decades of franchising experience, our team of franchising experts excels at giving emerging brands the tools to become a profitable franchise.

Contact

Whether you’re playing the field or already have one of our brands in mind, we are ready to put you on the right path to building franchise wealth.

Franchisee Resources

Want To Learn More About Franchising? Learn From The Experts At Fransmart. There’s no better collection of franchise resources and experts.

Videos

Smart Franchising with Fransmart Video series, where you can get the latest in our thought leadership on all franchise-related topics.

Podcast

Dan Rowe, the founder and CEO of Fransmart, has grown brands to more than 100 locations. No one knows more about franchise growth than him.

See All Franchise Opportunities

Our portfolio of brands with leading concepts ripe for expansion. Our brands have best-in-class unit economics and a large runway for growth.

10 Steps to Franchising with Fransmart

Sep 23, 2022

A hand turning a come in we're open sign behind a window

10 Steps To Franchising With Fransmart

Whether you’re looking to invest in a hot dessert franchise like JARS, the hottest electronics franchise on the market in PayMore or an authentic Mexican food spot like Cilantro Taco Grill, the process to go from prospect to franchisee follows the same simple10 steps.

1. Submit an Inquiry Form

Once you identify the emerging brand that excites you, fill out a form and a Fransmart franchise professional will reach out to share more with you about the brand and learn about you and what you’re looking for in a franchise.

2. Submit an Application

Here we learn even more about your background and financial situation.

3. Complete Business Questionnaire

The questionnaire is the first impression the franchisor will have of you. It’s designed to get you to think about the business you’re looking to build in the next 5-10 years and the way you would run your franchise. Based on the type of franchise brand you’re interested in owning, we’ll direct you to either the Retail Franchise Business Questionnaire, or the Restaurant Franchise Business Questionnaire.

4. Review FDD and Get Qualified

The franchise disclosure document (FDD) lays out everything a prospective franchisee needs to know and understand about the franchise. It discusses the concept, operations and agreements that need to be signed to become a franchisee. The FDD may also disclose some financials about a franchise.

For franchisees that need financing, Fransmart will introduce you to our preferred lenders at this stage.

To get started, view our current portfolio of franchise brands and select a brand.

5. Pre-Discovery Day Meeting

Before scheduling a Discovery Day with the franchisor, your Director of Development will conduct a pre Discovery-Day meeting with you to further qualify your interest, expectations, and suitability before both parties invest their time and expense in the Discovery Day event.

6. Discovery Day

Once you’re financially approved, you’ll be invited to attend a Discovery Day with the franchisor. This is often an in-person introduction between the prospective franchisee and the franchisor, where both parties get the chance to vet each other. During this meeting you can expect to get to know the manager and see the franchise concept in action. You’ll have the opportunity to ask any questions you need answered to ensure that the franchise is a good fit for you.

7. Territory Selection and Franchise Agreement

If the Discovery Day results in both you and the franchisor deciding to move forward, you’ll solidify your territory and be given the franchise agreement. This contract states in detail what the franchisor expects in a franchisee. It also designates the territory in which you will operate and outlines any exclusivity rights you may have.

8. Sign Franchise Agreement

After reviewing the agreement with your attorney and having your financing inline it’s time to sign the agreement, pay the franchise fee and start getting to work on opening your new business.

9. Onboarding

The most successful franchisees are the ones that follow all the systems laid out by the franchisor. The franchisor’s systems are a critical component to the success they have enjoyed and are the thing that will help ensure that a franchisee is able to replicate that success.

During your onboarding process you’ll attend the franchisor’s training and hire your staff. The franchisor will be active helping you with all aspects of opening your business including budgeting, financing, planning, construction, and more. This is also the time to begin the site selection process, which is the first step towards getting your doors open.

10. Grand Opening

This is the moment you envisioned when you first inquired about opening a franchise business. It’s time to open the doors to your new future!

If you’re ready to follow these 10 steps to franchising, contact Fransmart and begin your journey as an emerging franchise owner.

Button text: Learn more here

Your Franchise Journey Starts Here

Whether you’re just starting out or already know the right brand for you – you’ve come to the right place. Fransmart helps franchisees use the power of compounded returns to own and operate multiple franchise locations throughout your desired market to grow franchise wealth.