At SMB Franchise Advisors, we work with small and medium sized business owners to assist them in franchising as way to grow their brand. From providing expert industry advice and insights to making introductions to the right people and resources, we act as a trusted partner along every step of the journey. We are committed to setting you up for success by providing you with all the necessary tools, partners, and resources you’ll need to prepare your business for franchising.
franchise preparation
At a crossroad and wondering…
Is it better to open a new location (launch a new territory) investing in additional company owned operations or create a franchise from your concept? Franchising may have a similar time and financial investment. It is well worth learning more.
Or believing franchising is the next step…
Make sure you are prepared! We can help you evaluate your business to make sure you are on the right path. If you have clear goals to expand your business, it’s never too early to get started with franchise preparation.
We support you in three key areas:
Start with our Readiness Assessment below. Our team will be in touch to set up a complimentary consultation where we will discuss your goals, current business operations, and a plan of action for preparing your franchise for launch.
Industry Network
SMB partners with the best attorneys in the industry to help franchisors navigate agreements, prepare franchise disclosure documents (FDDs), advise them on common and uncommon risks.
SMB connects franchisors with technology and operational companies to help franchisors maximize efficiency, nurture customer relationships, and spur sales.
SMB connects franchisors with knowledgeable consultants, sales agents, and brokers to help match our clients with franchising opportunities that align with their goals.
SMB partners with lead management experts to help franchisors keep track of agreements, territories, communications, leads, and opportunities to better support their employees and customers while attracting new leads.
SMB connects franchisors with accomplished financial and accounting professionals who specialize in audits, tax preparation, and financial statements in the franchising industry.
SMB connects franchisors with learning management software companies to develop digestible, enjoyable, educational content to empower new and current franchisees; scale brands; and maintain consistent business cycles.
SMB connects franchisors with agencies that amplify franchisors’ digital presence, identifying the best marketing channels, and creating compelling campaigns that resonate with their target audience.
SMB partners with passionate investors to help our clients launch and grow their businesses with franchise funding and private equity.
The businesses that franchise well usually have a few things in common: the model is proven and profitable, the systems and processes are written down, the brand means something to customers, and the owner genuinely wants to grow beyond what they can run themselves. If you are not sure where you land, our team will look at your concept and help you decide. We have had plenty of conversations where the honest answer was “not yet,” and many of those founders came back a year or two later ready to go.
In some cases, one is enough. A second or third location helps prove the model is replicable, and a larger territory with real staff behind helps as well. But we have taken plenty of single-unit businesses through to franchising, including solo operators. The test is whether someone who is not you could run it profitably from what you have documented. We will give you an honest assessment of your own readiness and the market demand.
Sometimes. It depends on the concept, what is happening in your industry, the strength of the model, and the mindset of the founder. Most franchise systems benefit from two to three years of operating history, though a younger concept with a strong track record and clear demand can move sooner. Before you get to timing, it is worth working out whether franchising is the right growth strategy for you. We can help you evaluate both.
Franchising suits some businesses and not others. The fastest way to find out is a short, no obligation conversation with our team. We will ask about your margins, your systems, your market, and what you want the business to look like in five years, then give you a transparent assessment. If a different route makes more sense, we will say so. It is also worth understanding how franchising differs from licensing before you decide, because the two get confused often.
Most of them. Food and beverage, health and wellness, fitness, home services, children’s enrichment and childcare, senior care, retail, and technology are the ones we see most often, but across 600 brands we have worked in more than 100 industries. If your concept is scalable and repeatable, the category matters far less than the model.
With SMB It's All About the Relationship