Signing Up Your First Franchisee

Do you remember your first love? The period when you got to know each other over phone or through chatting? Then ultimately you went on a date and were at your impressive best (as was the other person!). Gradually, you started to understand whether you have common ground and how much adjustment each one of you was ready to make. Your relationship with your first franchisee will somehow be similar! When you are ready to franchise, you will advertise your product/concept in the market in order to attract potential franchisees. The promotional information outline of your franchising concept will certainly magnetize the interested candidates. Some may just glance around, but those genuinely concerned will make the all-important first phone call. That will start the relationship between you and your franchisee.

The first call is really important; how you answer it will determine whether the person will be further enticed or not. If you play your cards well, then the potential franchisee will ask for the UFOC and if he/she is further interested, then he/she will surely come down to your office for your “Discovery Day”. This is the very important “first date” and the franchisee is the one who will be in the driver’s seat. That does not mean you won’t do any digging; you are required to find out whether that person is suited to be your franchisee or not. After this vital step is over, you will know for sure whether the person will remain just a “potential” franchisee or become one of your team members. After the formal signing up happens, you start your journey as a franchisor.

The first few months will be spent in training the new franchisee regarding the operational processes of your business. Then you can assist him/her in the grand-opening and before you know, he/she will settle in a daily routine. You should also keep in touch with him through regular correspondence either through mails or over the phone. You are supposed to go for periodic visits as well. Make sure that someone from your company is there to address any kind of query from him/her. Soon, you will see that you have fallen into a mutually-beneficial pattern. In the meantime, you can search for new franchisees too and go through the same process all over again. For the next one to three years, your new franchisee will be a learner and after three to five years, he will transform into a skilled businessperson. Generally, from the sixth year onwards, your first franchisee will be your most mature one and a backbone to your entire operation. Moreover, the success will strengthen you as a franchisor and regulate the growth of your company.

This entry was posted on Wednesday, July 23rd, 2008 and is filed under Legal. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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Importance Of Creating And Updating First Aid Kit

Every Athletic Trainer carries a bag with him or her in the event that an athlete is in need of some medical treatment. Each and every certified Athletic Trainer is familiar withcardiac science and consequently the kit must contain the necessaryCPR supplies . Their bag will also contain everything which may be needed to treat an on the field injury, such as a broken bone or a concussion. Splints, bandages, and ice packs are sure to be in every bag. While you might not have the skills or certifications that an Athletic Trainer has, and would never attempt complex life saving procedures, administering basic first aid, whether at home, your neighborhood football game, the playground, or around the office is something you can do. Assisting with the most basic first aid treatments is something every mom, dad, co-worker, or spectator can do. It is no more complicated than having the right tools available. Every office, car, home, and school sporting event should have first aid kits available in case they are needed. First aid kits vary in materials, depending on who the kit is primarily going to be used by. Professionals often have kits with extensive materials covering a variety of emergencies. For example, a first respondents kit may contain materials that a home first aid kit may not. There are a few items, however, which are generally accepted for all first aid kits. The following is a list of common first aid items which you may consider including in your assembled first aid kits.

• A well stocked kit should contain band aids of all sizes and shapes

• A well planned bag should contain bandages and bandage pins or tape

• A well stocked kit should contain antiseptic ointment or hand wipes

• A well stocked kit should contain a pair of tweezers

• A well stocked kit should contain an instant ice pack

• A well stocked kit should contain a clean cloth

• A well stocked kit should contain burn ointment

• A well stocked kit should contain smelling salts

• A well stocked kit should provide latex gloves

Anyone choosing to keep a first aid kit should remember to check it periodically, even if it has not been put to use. In particular, if you carry any pain reliever or analgesic, checking expiration dates may be a good idea. It is so imperative that first aid kits are updated periodically to make sure they are well stocked with the essentials. How awful it would be to be looking at a situation; where someone was in need of help and the kit was lacking helpful first aid supplies. Whether you are preparing a kit to keep in your kitchen at home, or for the glove compartment of your car, or for the break room at the office, make sure to include these useful and necessary materials. Accidents are often unavoidable. Typically, most injuries around the home or office are small and can be readily attended to with a simple antiseptic application and a band aid. Make sure that in addition to a well stocked kit, you have all emergency numbers at the ready, just in case there are calls to be made.