Franchise Your Business
The franchise business model is one of the most popular and for good reason- it works.
In fact, there are over 6000 franchises operating in North America alone representing well over 2 million businesses. In fact, a franchise is opened every 2 hours, 365 days a year. It is estimated that approximately $1 of every $5 spent is in a franchised establishment and 1 in 10 employees work for a franchised business. Franchising is a way to expand your brand faster and with less capital outlay.
Franchising is a financing decision; it’s a way to finance the expansion of your brand using other people’s money. For example, instead of borrowing $1 million to open 10 locations, the company finds 10 individual investors called “franchisees” who each invest $100,000. In turn they get the right to operate a business using the franchisors intellectual property, services, systems and procedures. This is often referred to as the “System”. A successful franchised brand has a complete System and this allows them to expand into multiple, identical, locations.
Whether you are a mature franchisor looking to create or revise your Systems (and sell more locations), or a new brand with only one or two profitable locations, LKC can help. We have over 30 years of franchise experience as a franchisor, master franchisee and franchise attorney. We have worked with mature and emerging brands, in a vast variety of industries. We are a one stop shop for all your development needs, in fact, we are so full service that we even worry for you!
Every client has an initial NO CHARGE 60–90-minute consultation with Lori Karpman herself to evaluate their brand, its current status and what its goals are. From there we evaluate your business and then create a Strategic Development Plan. This high-level report outlines the exact Strategy to be implemented to reach the franchise goals of the company and a roadmap for how we can get you there. Book your FREE session with Lori.
With the full-service range of services we offer you will get back valuable time in your calendar by not having to manage a bevy of professionals. Business owners are now free to work “ON” their business and not “IN” and can use that time to create additional value for their company (or play golf or go see a ballet recital!). We provide customized comprehensive solutions that result in a superior quality and more complete product for much less cost and with a lot more sanity and peace of mind than engaging and managing a professional team on your own. So why choose LKC- Because Time is Money!
Our Franchise Development Services Include:
- Strategic Growth Planning & Creation of Business Model
- Brand Architecture including logo design & comprehensive branding strategy
- Brand Protection, Trademarks
- Business Plans for financing & investment
- Operations & Training Manuals
- Private Equity Financing & Factoring (sale of accounts receivable)
- Out-of-the-Box Marketing Strategies targeting Franchisees, Investors & Consumers
- Implementation of the Strategic Marketing Plan (Ad creative, marketing packages & materials, media buys)
- Mergers, acquisitions & strategic partnership/alliance opportunities
- Alternative sources of revenue/distribution
- Sales (of businesses/franchises)
- Executive Recruiting
- Trade Show Management
- Training (Sales & Marketing)
- Corporate Social Responsibility Programs
- Website development/SEO
- Public Relations
- and all ancillary legal services
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LKC IS YOUR SINGLE SOURCE FOR ALL YOUR PERSONAL AND BUSINESS DEVELOPMENT NEEDS
When we tell you we know what you need to be successful, it's because we've been where you are right now. We are an award-winning, full-service franchise consulting firm with over 30 years of real-world experience as a franchisor, franchisee and franchise attorney.