How Competitive is Your FDD?
Are you ready to Rev-Up your franchise sales?
Are you ready to compete in the Post Covid 19 world?
The current Covid 19 crisis has dampened franchise sales across many industries.
The one thing that we do know is that this crisis, like all others, will ultimately come to an end.
The savvy franchisor realizes that in times of economic uncertainty, they need to up their game to make sure that their FDD is truly competitive.
Is your FDD competitive and attractive to franchise buyers?
- Are there any hidden flaws that turn off buyers?
- Is your FDD clear, concise and easily understood?
- Does your training program described in the FDD meet the franchisees’ ever-evolving needs?
- Are the fees and initial investment tables (Item 7) up to date, reasonable and easily understood?
- Are the expectations of the franchisor and franchisees, as outlined in Item 11, current, competitive, and clear?
- Are the advertising requirements based on best-in-class practices and clearly spelled out?
- Are the financial representations of your brand (Item 19) current, accurate, and compelling?
- Does your FDD clearly layout your franchise program in an easy to read format?
If you would like to learn more about our FDD services, then fill out the form and set up a time to meet. We look forward to talking with you!