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What does the process of becoming a Franchise Partner look like? Here’s a step-by-step guide on how to start a franchise with Shack Shine:
Initial Assessment: It all starts with a phone call to determine if you’re the right fit, and to give you more information about our available opportunities.
Market Study: If we all decide that we want to move forward, you will enter the due diligence stage. This involves a market study, where you’ll develop a thorough understanding of the industry within your territory.
Budget and Financial Forecast: We work with you to build a realistic business plan and financial forecast. You will also review our Franchise Disclosure Document (FDD), and we’ll discuss your funding and financing plans/options.
Speaking to Our Franchise Owners: Interview our Franchise Partners to learn more about their experiences, their opinions on the business, and what it takes to be successful.
Discovery Day: You’ll attend a virtual discovery day* which includes meeting with leadership and the teams that will support you. It’s also when we finalise your business plan and territory.
*For now, it’s not safe to travel to our head office – ‘The Junktion’ for Discovery Day. So we made a ‘Welcome To The Junktion’ video to show you what we’re all about instead!
Franchise Awarded: It’s time to celebrate! Your corporation will be established, you’ll pay your franchise fees, and we’ll produce your franchise agreements for signing. You’ll then start your on-boarding and training.
It’s a thorough process, but this is a life-changing decision – and we need to make sure that you’re right for us, and that we’re right for you.