Franchise Feasibility Test

Steps of Franchise Feasibility Test

To determine the feasibility of your business to be developed as a franchise, there are several factors to consider:

  • Track Record. (Your business should at least have five years of establishment)
  • Experience of the business managers
  • The number of locations / branches
  • The average net profit of the business
  • The frequency of repeat customers
  • The radius of attracted customers
  • The starting capital available to develop the franchise concept
  • Business management experience of the managers
  • The start-up investment requirements for the franchisees
  • The training requirements for the franchisees
  • International adaptability
  • Business competitiveness in the industry
  • Number of franchising inquiries received