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Tips for Franchising Your Study Abroad Consultancy

Do you know that the best way of growing the business would be by franchising it?<br>While selling your study abroad franchise, you must know some checklist points to consider while selecting your franchisees.

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Tips for Franchising Your Study Abroad Consultancy

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  1. Tips for Franchising Your Study Abroad Consultancy

  2. 01 Evaluating the Competency of your Business 02 04 03 Preparing for the change Building a Franchise Model Doing the Market Research

  3. Evaluating the Competency of your Business The very first step to franchising a business is to double check whether it is the right time to give a franchisee business opportunity. Your business needs to be mature enough to be franchised. The business should be very systematic and replicable.

  4. Doing the Market Research You must know whether the concept that you are offering has sufficientdemand and that there is actually some room for you among the other competitors. You should be mindful of the competition especially while choosing the city.

  5. Preparing for the change After selling your study abroad consultancy franchise you will be expected to guide your franchisees very frequently during the beginning of their endeavor with you and alsoprovide the ongoing support as you move ahead.

  6. Building a Franchise Model You need to decide upon the franchise model that you are going to follow. You have todecide how much royalty percentage you are going to share with your franchise. The term of your franchise, study abroad association should also be worked on. The geographic area that you want to target, the method of training which you will implement and the number of franchisees that you are open to working with.

  7. For more details visit: www.studiesabroadfranchisee.com Our Address: 'Krishna’, Plot No. 10/2, I.T. Park, Opp. V.N.I.T, Behind Infotech Tower, Parsodi Nagpur, Maharashtra, India-440022 Email: franchise@studies-overseas.com Contact No: +91 712-2222061/62/63

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