A franchise operations manual is the primary document that governs the day to day franchise procedures and operational requirements. The manual should be specify in detail the procedures with which franchisees should comply in order to operate their franchise business. The most obvious benefit of the operations manual is that it allows franchisors to teach and implement the business system consistently for all franchisees. Franchise operations manuals are essential to a franchisor because they act as a training tool for new franchisees.
The Franchise Operations Manual of Tomorrow is Here Today | International Franchise Association
By submitting this form I consent to receiving electronic information from iFranchise Group. To opt-out contact us at [email protected] or , or click here. A Franchise Operations Manual incorporating information essential to the initial and ongoing operations of a franchise serves several very important functions in a franchise system. The franchise manual acts as:.
Thinking of expanding your business, could franchising be the model to use? The essential element to franchising your business effectively is to have a proven, successful concept that is working well as a business already and comprehensive franchise manuals detailing step-by-step operations of how the business works. You need to collect all the knowledge and experience you and your team have and collate them in a set of franchise documents , this is the business itself, and if you are going to train other people to operate it, you need to know what to tell them. This comprehensive information will form the basis of your franchise business. This is the blueprint for a franchisee to run their business.
Containing everything you need to know about running your new business, it can often feel like a lifeline, particularly during the tricky first few months. But what exactly is it - and why is it so important? The franchise operations manual is a document written by the franchisor for the franchisees who buy into the business. The operations manual is probably the most important of these tools.