Table of Contents
Abstract
This project will develop a licensing/franchising model to expand an existing small business concept on a larger scale. The business currently operates as a single location but has proven successful and the owner wishes to grow in a controlled manner. This project will research licensing/franchising best practices and evaluate if this expansion strategy is a good fit. An operations manual, franchise disclosure document, and sample franchise agreement will be created. Financial projections will estimate the profit potential of selling additional licenses/franchises. The goal is to establish a framework to efficiently expand the concept while maintaining quality control and brand consistency.
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