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Suggest You - Franchisor Prospect Checklist Sample Form
According to a general conception, you prepare a business plan only when you are going for a business loan. Yet, the most important motive of a business plan is to find out whether your business idea has a chance to become successful or not. Once you have decided upon a home based business idea, start working out a business plan for it.A Business Plan OutlineA business plan outline includes the: Market AnalysisCompetitive AnalysisMarketing PlanManagement PlanOperating PlanFinancial Plan and The Executive Summary These plans and analysis will help you in carrying out your business wit
4. Ride Along with a crew. Two crews will be assigned to a new prospective franchisee. After the run, on the same day, prospective franchisee will spend all day helping a crew.
Second Ride Along will occur the following day with a different crew to assure that the prospective franchisee understands how mu
We've all done it, if you grew up in a neighborhood summer time was the right time for making a little money on the side. You had a great location, no rent, utilities, and very little overhead, and you felt everyone needed what you had. Lemonade anyone? For some of us it was our first entrepreneurial voyage, with dollar signs in our eyes we set up our stand in the front lawn waiting for the whole world to beat a path to the delicious and refreshing product we were providing. The price was right, who wouldn't pay a quarter for an ice cold drink? We have our angel investors all lined up with the capital to infuse into our little operation, good old mom and dad. Oh the simple days of commerce.Where have those days gone? Everything has got
You must understand that without proper documentation you might find your company entangled in meaningless and wasteful litigation instead of spending the time on expanding your market share and brand name. Below is our sample checklist we use at the Car Wash Guys, you may have this and modify it at will, I dismiss any copyrights to you. Now remember our Franchise is a specialty type business, mobile car wash and the franchisee must be in excellent physical condition, where as your business model may wish to screen for other things.
1. Telephone Interview with Founder or Designated Person. (Minimum 30 min.) Friendly conversation; Lots of listening. Notes will be taken on “Pre-Screening Phone Worksheet”. This worksheet will be kept in a file if prospective franchisee is qualified. A resume will be asked for at this point. It should be faxed or mailed to headquarters. If none is available, one will be created from the phone interview.
2. Resume Is Reviewed and compared to notes from phone interview for consistency. If it is acceptable, then we proceed. If it is not, process ends here. If, during the phone interview we created a resume for the prospective franchisee, it will be mailed to them so they can use it in their next interview. We will also send a copy to A Contract Employment Agency, a company with whom we network. They in turn will send us qualified prospects.
3. Timed Run is performed by prospective franchisee. Designated Person will time prospective franchisee on a running track. He or she must run one mile in under 7:30 minutes. “Timed Run Form” will be signed and dated by both prospective franchisee and Designated Person. If , He or she fails test, they will be given a workout schedule based on their actual time. They may try again in two weeks, or when they feel ready.
4. Ride Along with a crew. Two crews will be assigned to a new prospective franchisee. After the run, on the same day, prospective franchisee will spend all day helping a crew.
Second Ride Along will occur the following day with a different crew to assure that the prospective franchisee understands how muc
My experience has taught me that people want to buy from sales people who are confident in their abilities. Taking control of the circumstances and situations around you will develop your self-confidence. When you consider the amount of rejection that many sales people encounter, the fact that many salespeople lack self-confidence is not surprising. Top performing people in any industry typically possess a high level of self-confidence. They may not necessarily possess this confidence all their lives.I have not always have a lot of self-confidence. Outwardly I was Mr. Confident while on the inside I seriously doubted my abilities. I had to wrestle with my own mental baggage for years before I became internally confident. Learning to de
1. Telephone Interview with Founder or Designated Person. (Minimum 30 min.) Friendly conversation; Lots of listening. Notes will be taken on “Pre-Screening Phone Worksheet”. This worksheet will be kept in a file if prospective franchisee is qualified. A resume will be asked for at this point. It should be faxed or mailed to headquarters. If none is available, one will be created from the phone interview.
2. Resume Is Reviewed and compared to notes from phone interview for consistency. If it is acceptable, then we proceed. If it is not, process ends here. If, during the phone interview we created a resume for the prospective franchisee, it will be mailed to them so they can use it in their next interview. We will also send a copy to A Contract Employment Agency, a company with whom we network. They in turn will send us qualified prospects.
3. Timed Run is performed by prospective franchisee. Designated Person will time prospective franchisee on a running track. He or she must run one mile in under 7:30 minutes. “Timed Run Form” will be signed and dated by both prospective franchisee and Designated Person. If , He or she fails test, they will be given a workout schedule based on their actual time. They may try again in two weeks, or when they feel ready.
4. Ride Along with a crew. Two crews will be assigned to a new prospective franchisee. After the run, on the same day, prospective franchisee will spend all day helping a crew.
Second Ride Along will occur the following day with a different crew to assure that the prospective franchisee understands how mu
What I want to discuss in this article is the basic idea of honesty. The internet is a wonderful place to do business, but with the continuous flood of spyware, malware, and spam, it can be a horrible and very frustrating place for the average user. I am amazed, but not surprised, by the unethical practice of businesses using popups and spam to sale a product. It isn’t surprising because the fact is that those business practices work. Any of us that have worked in this field for awhile know that traffic is king.My experience has been one of honest return for honesty when dealing with customers. Maybe it’s not a quick buck, but I can look at myself in the mirror in the morning and know I did the right thing. I would rather have a
2. Resume Is Reviewed and compared to notes from phone interview for consistency. If it is acceptable, then we proceed. If it is not, process ends here. If, during the phone interview we created a resume for the prospective franchisee, it will be mailed to them so they can use it in their next interview. We will also send a copy to A Contract Employment Agency, a company with whom we network. They in turn will send us qualified prospects.
3. Timed Run is performed by prospective franchisee. Designated Person will time prospective franchisee on a running track. He or she must run one mile in under 7:30 minutes. “Timed Run Form” will be signed and dated by both prospective franchisee and Designated Person. If , He or she fails test, they will be given a workout schedule based on their actual time. They may try again in two weeks, or when they feel ready.
4. Ride Along with a crew. Two crews will be assigned to a new prospective franchisee. After the run, on the same day, prospective franchisee will spend all day helping a crew.
Second Ride Along will occur the following day with a different crew to assure that the prospective franchisee understands how mu
More and more people are calling it quits to successful careers to create some personal leisure time or to pursue another career. This trend is becoming more popular and common. Years ago few people voluntarily quit a job midway through their careers, no matter how unhappy they were. It was not acceptable to leave one job without having another job to go to. There was a stigma present that you were damaged goods if you did so.I think that what has caused executives taking time off more common and acceptable is corporate restructuring which has lead to burnout. Corporate jobs are not as straight forward as once were. These factors have caused employees to bail out for a few months or longer without knowing exactly where or how the
3. Timed Run is performed by prospective franchisee. Designated Person will time prospective franchisee on a running track. He or she must run one mile in under 7:30 minutes. “Timed Run Form” will be signed and dated by both prospective franchisee and Designated Person. If , He or she fails test, they will be given a workout schedule based on their actual time. They may try again in two weeks, or when they feel ready.
4. Ride Along with a crew. Two crews will be assigned to a new prospective franchisee. After the run, on the same day, prospective franchisee will spend all day helping a crew.
Second Ride Along will occur the following day with a different crew to assure that the prospective franchisee understands how mu
A big challenge for every small business owner is the need to 'find time' for marketing.I can relate. None of us are full time marketers. We're all providing services to clients. And when you're serving clients too, it's hard to fit in sales calls and marketing activity. It's hard to maintain momentum.One thing is for sure, whatever shape our business is in right now, we all have the same 365 days in 2006.Will you use that time to create a structure that supports you and brings in clients automatically, or will you still be complaining about 'lack of time' when 2007 rolls around?Despite being one of the most disorganised people on the planet, and someone who was earning all my income from selling my time just 18 mo
4. Ride Along with a crew. Two crews will be assigned to a new prospective franchisee. After the run, on the same day, prospective franchisee will spend all day helping a crew.
Second Ride Along will occur the following day with a different crew to assure that the prospective franchisee understands how much work there is.
5. File Is Created in prospective franchisee’s name. Included are: Pre-Screening Phone Worksheet, Resume, Timed Run Form, Ride Along with Summaries from Crews. This checklist will be paper clipped to front of file.
6. Letter Of Intent is asked for from prospective franchisee. When received it is put in file and “Request to Join Team” form is sent out.
7. Request To Join Team Form is mailed to prospective franchisee. It must be mailed back in 15 days or prospective franchisee must go back and work on a third crew for one day. Hesitation means they are not quite sure yet or they falsified information.
8. Reviewing Of Request To Join Team Form will be screened by two Ride Along Crew managers and three other franchisees or independent contractors, a woman not associated with our company, a Quality Control consultant, a customer or the founder. All people Involved get one vote except Founder; he gets three. (Unless there is a third Ride Along Crew, then he gets only two). Prospective Franchisee must have 2/3rds. (12 Total, 8 to win!)
9. Request To Join Team Form Is Faxed to our favorite leasing company if they will be borrowing to buy the franchise or Wells Fargo Bank where the credit card processing will be done. Leasing company will notify us if prospective franchisee is credit worthy and fax us a TRW print out. Wells Fargo will do a background check and see if prospective franchisee qualifies for a merchant account.
10. Extensive Background Check will be done by a contracted private investigation firm. Check will include: FBI Report, Court Records, etc. He/she must pass or other arrangements must be made.
11. Meet With Prospective Franchisee - This will be the first official one on one meeting. Present at this meeting will be prospective franchisee, and his advisors, spouse, parents, investors, etc. Also present: Founder or Designated Person and eight other associates, members of the Executive Committee and franchisees or independent contractors.
12. Vote On Pr
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