© 2020 Vinson Franchise Law Firm

12 Key Components of a Successful New Franchise System

In our 20+ years of representing start-up franchisors, we've seen new franchises come and new franchises go. We've noticed that the successful new franchise systems share some common attributes. Here are our Twelve Key Components of a Successful New Franchise System: 1. Concept 2. System 3. Transferability 4. Identity 5. Experience 6. Profitability 7. Support 8. Capital 9. Legal 10. Financial 11. Business Plan 12. Marketing Plan We are discussing each of these components in more detail on our Facebook page at https://www.facebook.com/vinsonlegal/. Please stop by our page and check it out.


#howtostartafranchise, #franchisingbasics, #successfulfranchising, #franchiselawyer