Title: Tips for Franchising Your Study Abroad Consultancy
1Tips for Franchising Your Study Abroad Consultancy
2 Evaluating the Competency of your Business
01
Doing the Market Research
02
Preparing for the change
03
04
Building a Franchise Model
3Evaluating the Competency of your Business
The very first step to franchising a business is
to double check whether it is the right time to
give a franchisee business opportunity. Your
business needs to be mature enough to be
franchised. The business should be very
systematic and replicable.
4Doing the Market Research
You must know whether the concept that you are
offering has sufficient demand and that there is
actually some room for you among the other
competitors. You should be mindful of the
competition especially while choosing the city.
5Preparing for the change
After selling your study abroad consultancy
franchise you will be expected to guide your
franchisees very frequently during the beginning
of their endeavor with you and also provide the
ongoing support as you move ahead.
6Building a Franchise Model
You need to decide upon the franchise model that
you are going to follow. You have to decide how
much royalty percentage you are going to share
with your franchise. The term of your franchise,
study abroad association should also be worked
on. The geographic area that you want to target,
the method of training which you will implement
and the number of franchisees that you are open
to working with.
7For more details visit www.studiesabroadfranchise
e.com Our Address 'Krishna, Plot No. 10/2,
I.T. Park, Opp. V.N.I.T, Behind Infotech Tower,
Parsodi Nagpur, Maharashtra, India- 440022
Email franchise_at_studies-overseas.com Contact
No 91 712-2222061/62/63