& Chapter Development
When executive management has met with documented success,
there may arise the need to exploit such success by replicating that business
model, then selling or licensing others to use that business model. Such
an arrangement is commonly referred to as franchising. The most common
franchises are McDonald's, Subway, etc. However, any operation that enjoys
profitability may have opportunities awaiting through franchising and
fully exploit the franchising opportunities that may present themselves,
the biggest obstacle remains formally developing, systematizing, and proceduralizing
all aspects of business operations and activities. To properly do so,
each functional area of the business (executive management, sales & marketing,
operations, and finance & administration) needs examination and analysis.
From job descriptions, to sales quotas, to invoicing and collections.
Only after thorough examination and documentation can you truly offer
a "turn-key" business opportunity for another to operate. Additionally,
franchising or licensing fees may be generated by providing some level
of continuing technical assistance to the franchisee or licensee.
provides the management consultation necessary to effectively capture
the essence of your business operation and to document all managerial
systems and procedures so that the end user receives a fully turn-key
operation. Contact CEO Services Group
for more information.