FranchiseCanada SeptemberOctober 2017

(Tuis.) #1
FranchiseCanada September | October 2017 65

&


Since (^196)
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An Innovative
Family Dining Experience
1-888-597-7272 http://www.rickysfranchise.com
PART OF THE RICKY’S GROUP
BECOME A RICKY’S
FRANCHISE PARTNER



  • 90+ locations serving our famous
    breakfasts, plus lunch and dinner.

  • Full training and support

  • Integrated lounge area

  • 3,300 – 4,000+ sq ft

  • $900,000 – $1,150,000
    total investment


gourmet Cafe
Dine in, take-out and Grab & Go
Our streamlined model with
limited hours & lower investment

a few notes either as you’re having a conversa-
tion or in between conversations.


  • An easy way to do this (and to remember the
    names of those you spoke with) is to get a busi-
    ness card from anyone with whom you had an
    in-depth conversation, and make a few notes on it
    about what you talked about and any next steps.



  1. Research is paramount.



  • Generally, at this stage, it’s more about due dili-
    gence and research than decision-making. Most
    franchise tradeshow exhibitors aren’t there to
    sign contracts; meeting with prospective franchi-
    sees in this informal way is simply one step in
    the detailed franchise investment process.

  • Though it’s exciting to be at the show and to
    learn about great opportunities, it’s important to
    keep in mind that a franchise that is a good fit is
    one that you’re not only excited about, but also
    meets your needs in terms of investment level,
    skills profile, lifestyle and work balance, and a
    host of other considerations.



  1. Learn from the pros.



  • Many tradeshows offer free seminars and/or
    other learning opportunities. Be sure to take
    advantage of these complimentary sessions,
    which are usually led by franchise experts, indus-
    try veterans, franchise support services/supplier
    professionals, successful franchisees, etc.



  1. Don’t forget to follow up.



  • After the excitement of the show, the due
    diligence continues. This could involve continu-
    ing to research companies you’re interested in,
    filling out applications for the one or ones that
    have captured your interest the most, visiting
    existing locations (if possible) to see their opera-
    tions firsthand, and/or discussing the possibili-
    ties with your family and co-investors.


IT’S IMPORTANT TO KEEP IN


MIND THAT A FRANCHISE THAT


IS A GOOD FIT IS ONE THAT


YOU’RE NOT ONLY EXCITED


ABOUT, BUT ALSO MEETS


YOUR NEEDS IN TERMS OF


INVESTMENT LEVEL, SKILLS


PROFILE, LIFESTYLE AND WORK


BALANCE, AND A HOST OF


OTHER CONSIDERATIONS.

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