10 keys points to consider when taking your franchise brand international
Below is a list of points that franchisors should consider when looking to franchise internationally to help them avoid making mistakes at a later date:
1. Perfect your concept before you go abroad
2. Get all your documentation up to date and be prepared to adapt it to the new country
3. Don’t over extend yourself - do only one country at a time
4. Common language is a huge benefit
5. Research the local market and the locals know better - even raw materials are different from country to country
6. Budget accurately and allocate costs correctly - setting up a master franchise properly is expensive
7. The correct master franchisee is essential not just the personality but do they have sufficient capital - strict guidance and control is needed in the beginning
8. Training is an essential part of success – even to extend the company culture
9. Ensure good marketing
10. Under promise and over deliver - it’s difficult to keep the master franchisee motivated



