|Franchising is a long term, capital intensive, building your business strategically, over a period of time, system. It takes a lot of effort and resources to build a Successful Franchise Brand. It is seen with the right capital infusion and correct resource deployment franchising can really help you penetrate markets and reach the desired consumer and get the business spread that you are seeking.
You will need to firstly evaluate what are the resources that you have on hand and whether these would be sufficient to franchise your business. What are the objectives of your business and what is the speed at which you would want to grow. Are your resources in deployable formats. Will you have to look at external funding. Do you have the collaterals that might be needed for the same and all such options that will ensure that the business is secured with the requirements of capital and resources whilst it embarks upon its franchise journey.