Franchise Checklist
Table of Contents
Talk to the Franchisor
Know the company's financial condition and history.
Check how long it has been franchising.
Check details of pilot operation results.
Ask for current number of franchisees.
Ask for permission to talk to random franchisees.
Check main source of company earnings.
Check demand for the product or service.
Check value and appeal of product or service.
Check long-term viability of product/service.
Ask for type and level of head office support.
Ask for full details of the training provided.
Check whether training is an extra cost.
Check total cost of taking up the franchise.
Determine realistic working capital needed.
Check permission for bank references and other referees.
Check territorial practices and exclusivity terms.
Know types and amounts of advertising.
Know if there is a need to buy products from the franchisor.
Check target obligations.
Know realistic profit and loss figures.
Check management service fees or royalty payments.
Ask for operating restrictions.
Check launch assistance.
Ask for sample contract.
Franchise Agreement
Your rights to sell/transfer ownership of franchise.
Obligations to the franchisor.
Rights to renew or extend contract beyond original term.
Terms and conditions for terminating contract.
Description of training and support offered.
Price, commissions, rental fees involved.
Boundaries of the territory awarded to you.
Description of your heir's rights in the event of your death.
Download or Print this Franchise Checklist
Get a printable version of this checklist in your preferred format: PDF, Word, Excel, or print directly from your browser.
Presented by:
Campbell Rodriguez
Stats
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40
Views: 40
Uses
3
Uses: 3
Tasks
34
Tasks: 34
Who it's for
This Franchise Checklist is for teams that want consistent execution, less rework, and clear ownership.
- Standardize quality - run the same Franchise steps every time, regardless of who executes
- Save time - reuse a proven Franchise workflow instead of rebuilding processes from scratch
- Improve accountability - assign owners and see what's done vs. what's pending
- Onboard faster - use the Franchise checklist as the SOP and training guide
- Coordinate across roles - handoffs are clear and everyone works from the same source of truth
How to use it
How to use this Franchise Checklist:
- Start by saving it - save as a Template if you'll reuse it, or as a Checklist if it's a one-off project.
- Customize it once for your workflow - remove what doesn't apply and add your team-specific steps.
- Assign ownership and execute - set owners/due dates where needed and track completion as work happens.
- Reuse without rebuilding - when Franchise comes up again, start from your saved version and run it with clear ownership.