Franchise Your Business

Franchising involves a combination of legal and franchise development steps and strategies. Franchising a business requires the completion of the following steps and milestones:

1. franchise assessment and strategy
2. preparation of franchise disclosure document
3. preparation of operations manual
4. assessing, registering, and protecting trademarks
5. establishing and structuring a new franchising corporate entity
6. franchise disclosure document registration and state filings, and
7. creating a franchise growth strategy and budget.

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Generally it takes between 90 to 120 days to franchise a business. At the end of this 90 to 120 day period your legal and franchise development team should have competitively assessed your brand, set a franchise growth strategy, formed your franchising corporate entity, evaluated your trademarks, filed for USPTO trademark protection, prepared and issued a federal and multi-state compliant FDD, filed for FDD registration, prepared your operations manual, and provide training to better understand what it means to be a franchisor, franchise compliance, how to sell franchises, and everything that comes next.

The cost to franchise your business ranges from $18,500 to $84,500. The advantage of our Franchise Launch Program is that we provide both legal + franchise development services at a completely fixed fee. For most brands our fixed fee is $18,500 and covers everything from franchise assessments, strategy sessions, establishing corporate structures, trademark protection, and the issuance of a competitively positioned and best practices driven FDD and franchise program.

Yes, you can franchise with just one location. Many successful franchise brands started with just one location. When evaluating franchising and whether or not you should franchise your business, quality is more important than quantity. Having multiple successful locations is a definite plus, but it's not mandatory. If you operate one location or one territory, what matters most are your unit level economics, your success, and what success can look like for your future franchisees.

Franchise consultants can assist with the franchise planning process. They can also help with the preparation of your franchise operations manual. However, franchise consultants cannot and should not prepare legal documents like your FDD. Within the franchise industry, you need to be careful about franchise consultants that claim to package and provide an "all in one" franchise development process including FDD development. What they are doing, wrongfully, is selling you a bunch of documents that are not legally built for you or your long-term interests.

Your FDD should be prepared by a franchise lawyer that works directly for you and that is directly paid by you. When you franchise your business everything you are building rests on the legal foundation of your FDD and Franchise Agreements. As you sell franchises and grow the strength and compliance of your FDD grows more and more important and must be prepared and backed by the right franchise legal team. Our firm works with over 200 franchise brands. We're also franchisors and we know what it takes to win at franchising. Our services include legal + franchise development.