|
"The
most comprehensive and well thought out set of checklists and
worksheets available in the industry. FranScore™ is a winner"
FranScore™
Franchise Grading System
With FranScore™ you will:
 |
Quickly
spot any 'red flags';
|
|
|
Review and compare any
number of franchises;
|
|
|
Find the perfect fit;
|
|
|
Save time and money.
|
Franchisee Search
Priority Checklist
Detail your specific priorities before you begin your search -
how much you can actually afford, industries that interest you,
type of employees, work hours, location, competition and other
vitally important questions to ask yourself before you start.
Franchisee Job
Description Worksheet
You really must take the time to define what the next ten years
of your work life will actually consist of. Use this worksheet
to determine and understand your exact job description or
management functions with your new business - know exactly what
you'll be doing so there won't be any surprises after you open.
Interviewing
Existing Franchisees
This is an in-depth checklist with key questions (many never
before published) that must be asked during your interviews
including - which franchisees to contact - precisely what to ask
- and what to look for to make sure nothing falls through the
cracks. Over 60-important questions in all.
Questions to Ask
Franchisor
Here's a list of over 30-crucial questions to gather information
from the franchisor that you won't learn from reading the
Uniform Franchise Offering Circular (UFOC).
Initial Investment
& Cash Requirements
What it is really going to cost? While the franchisor's
disclosure details your initial investment to some degree,
franchisors have a tendency to underestimate this amount -
especially cash reserves. Use this worksheet
to make sure yourself before you end up in a bad position with a
business you can't afford to run.
Pro-Forma Cash
Flow Statement
Even the most successful business model can't always be
duplicated; there are just too many variables - many times the
franchisor's estimates are way off - or this particular
franchise just won't be successful in your area. Use this
worksheet to accurately project future sales, expenses and
profits with your new business in your area. It's also a great
format for lending institutions if you need financing.
Checklist for
Evaluating Your Business Decision
Eliminate the guesswork - make sure before you sign on the
dotted line. Remember, there are no money-back guarantees if you
buy the wrong franchise and you only get one chance to perform
your due diligence. Use this 40-question checklist for questions
you need to ask yourself that are crucial to your future success
before you sign on the dotted line.
|
