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Franchise Accelerator (FAP: Franchise Accelerator Program)

Feb 9 - Jun 30 | Detroit, MI, USA

http://franandglobal.com
Turn your business into a franchisable global business

About this Program

The Franchise Accelerator is a 13-week program dedicated to preparing entrepreneurs for growth and expansion, utilizing a franchise model. The program curriculum is designed to create franchise operations by teaching the key phases of development to local businesses in the community to become a franchisor. The program is comprehensible for individuals in retail locations or professional service-based businesses. At the completion of the program, businesses will be fully developed as a franchise opportunity.

In addition, one business will have full support for one year to ensure that they become a franchisor.

This program will cover:

Session 1: Introduction to Business and Franchise Development
Session 2: Strategic Planning
Session 3: Financial Projection, and Business and Franchise Pro Forma
Session 4: Legal and Compliance
Session 5: Technology and SOP
Session 6: Operations Front End
Session 7: Operations Back End
Session 8: Marketing
Session 9: Training Modules
Session 10: Brokerage/Sales
Session 11: Managing your Franchise
Session: 12: Prepare your Pitch
Session 13: Pitch Competition and Awards- 3 Awardees

Who is Eligible?/ Program Acceptance:

-Participants must have a registered business.
-Participants must have or be willing to apply for a registered Trademark (US or International)
-Participants must have previous business experience and prototype with a minimum of 3 years’ experience.
Participants must have an initial non-refundable minimum deposit of $10,000 (finance is available for the deposit and or for the entire investment $50K) and 5% equity of the new franchise entity (future franchising business).

Funding Information

  • Funds up to $0 per team
  • Takes up to 5.0% equity
  • Accepts 12 companies

Industries

Agriculture, Biotechnology, Business Products, Business Services, Chemicals and Chemical Products + 30 more