Ask the franchisor to explain how they have shown steady growth and about their future plans for growth. This is a chance to network and chart the future of the industry. IFA's Annual Convention is franchising's biggest event for business development and personal growth. Franchisees must be careful to balance restrictions and support provided by the franchisor with their own ability to manage their business.
The International Franchise Association (IFA) is the world's largest membership organization for franchisors, franchisees and franchise suppliers. Describe the support you offer franchisees; What is the initial training like? 1.5 Ensure participation in the franchisee advisory council meetings . 1.4 Hold initial meeting with the franchisor’s representative/s or liaison person/s to initiate ongoing relationship. Resolution of the World Franchise Council Meeting Berlin April 14th 2011. A damaged, system-wide image can result if other franchisees are performing poorly or the franchisor runs into an unforeseen problem. How long is it? Use the right medium and email instead of sending a letter. 3. and relevant activities. Whether you're a franchising veteran or just starting out, there are sessions designed for everyone. A franchisor’s most recent financial statements can be found in Item 21 of the FDD and can give you an indication of the franchise system’s financial picture. Ask the representative to describe the support: Initial and on-going training, 1-800 help lines, field support, annual meetings, local meetings, purchasing, marketing, promotion, etc.
2 Determine services available from franchisor. Franchisor Support.