In this article, we will discuss about franchise application form. You can also get franchise application form templates here, but first of all, let’s briefly discuss what actually is a franchise. A ‘franchise’ is basically an agreement in which one party agrees to allow the other party to use its trademark or trade name as well as their other business systems and processes, under certain terms and conditions. The party which allows the use of its trademark is called the ‘franchiser’ and the party which acquires the rights of such use is called the ‘franchisee’. If you want to expand your business by franchising it, then there are many requirements that you need to fulfill. The most important of them is a proper official franchise application form that you provide either on your business website or by any other means, for the interested persons. we will try to add more useful franchise application form templates in the future.
The interested persons are required to fill this form and submit it by following the given instructions. Afterwards, by analyzing the submitted forms, it is decided that to whom the franchise of the business must be given. So, it is very important that the franchise application form template must be made properly and with due care and it should contain all the relevant and important details. Feel free to check out 50 best quality and official franchise application form templates provided for your ease and convenience.
Official Franchise Application Form Templates
Company’s Franchise Application Form Template
Basic Franchise Application Form Template
Official Franchise Application Form Template
Restaurant’s Franchise Application Form Template
Preliminary Franchise Application Form Template
Incorporation’s Franchise Application Form Template
Blank Franchise Application Form Template
Simple Franchise Application Form Template
Official Franchise Application Form Template
Franchisee Application Form Template
Confidential Franchise Application Form Template
Detailed Franchise Application Form Template
Sample Franchise Application Form Template
Estate Planner Franchise Application Form Template
Institute’s Franchise Application Form Template
Standard Franchise Application Form Template
Fast Food Chain Franchise Application Form Template
Eatery’s Franchise Application Form Template
Components of a Formal Franchise Application Form
Whether you are creating a franchise application form or if you are just filling it out, you are required to provide the necessary details in order to make the franchise application more effective and appealing. You should consider including and filling out the following major components of a franchise application form.
- Details of Personal Information
In this section, the applicant or franchisee should discuss and provide his personal information in detail. You should mention your full name, address, contact information and other important information. Moreover you should also discuss in detail that why you want a particular franchise and how you are going to manage it effectively, so that the franchiser can assess whether you are a competent person or not.
- Business background and business interests
In this section, you should discuss in detail your business background and business interests. The franchiser is always interested to know about your business interests and business background. Therefore, you should try to include all the major details in this regard, so that the franchiser can evaluate you easily.
- Location
If you have several preferred locations in mind for your franchise, then make sure to mention them in this section. It will make the franchiser’s job quite easy and most probably, you can get the location of your choice. Of course, the final decision in this regard, shall be made by the franchiser. You should also mention clearly that you will have no issue in being relocated.
- Educational history
In this section, you should discuss your complete educational history.It should be genuine and accurate. It is an important section as it will indicate the franchiser that the applicant is a qualified and educated person.
- Employment history
Feel free to mention the details of your jobs and employment history in this section. Here, you should mention the entities or organizations for whom you worked and your job titles in each of them.
- Financial Statements
It is a mandatory requirement to provide your financial statements to the franchisers. It doesn’t matter whether you are a company, partnership or a sole proprietor, submitting the franchise application form. The decision of giving franchise to an applicant usually depends upon the financial statements of that applicant.
- Additional information
In addition to the information listed above, many franchisers also require the applicants to discuss why they are interested in acquiring the franchise, their knowledge of the brand and of the products or services etc.
Professional Franchise Application Form Templates
Brand’s Franchise Application Form Template
Company’s Franchise Application Form Template
Explicit Franchise Application Form Template
Typical Franchise Application Form Template
Cafe’s Franchise Application Form Template
Prohibition Franchise Application Form Template
Healthcare’s Franchise Application Form Template
Chinese Restaurant’s Franchise Application Form
Courier Compnay’s Franchise Application Form Template
Company’s Stylish Franchise Application Form Template
School’s Franchise Application Form Template
Orthopedic Center Franchise Application Form
Basic Franchise Application Form Template
Tempting Franchise Application Form Template
Cafeteria’s Franchise Application Form Template
Detailed Franchise Application Form Template
Advantages of Franchising
Following are some of the advantages of the franchising business:
- For each business outlet, franchiser’s capital requirement will be quite low because the franchisee is providing the whole or sometimes, the major portion of the capital.
- For each franchise unit, there will be local staff and they are quite motivated. They treat the unit as their own which will ultimately lead to effective management of the the franchise unit as a whole. Moreover, it will increase the sales and profits too.
- Not much employees will be required for operating a franchise, thus resulting in low operating costs.
- The franchise networks tend to grow rapidly with the help and support of the franchiser to its franchisees. Hence, the brand and the business will expand quickly all over the globe.
- The franchiser will not be involved in the daily operation of the franchise unit, which will lower their workload and burden to a great extent. They just have to respond to any major issues.
- The risks and liabilities of the franchiser will be limited to a great extent. They don’t have to sign lease agreements or employment agreements etc. and they will not risk their capital.
- With the franchising business, the equity and the value of the market share of the brand grows rapidly and effectively.
- Franchisers can get not just the local but the global customer royalty for their particular brand, through franchising.
