What does the RYG Assessment, assess exactly?
Our RYG assessment is a proprietary survey we've developed that is mapped one part equally against pre-established industry data and one part equally against contextual elements unique to your brand.
The result is a powerful story about what your business has, what it needs, and in some cases, what it will struggle to achieve in order to increase your odds of success in franchising.
Some of the primary criteria we consider are:
Financial Viability
Differentiators
Personnel
Culture
Documented, replicable operational processes
Marketing
Sales vetting and closing
Legal
Foundational Accounting
Growth Plan
Once Processed...
The Report
The Summary
The Work (maybe)
Cost: $750
Other Services
Franchise Ready Roundtables are a weekly virtual masterminds group for all aspiring franchisors and micro-emerging franchisors under 10 units. We discuss topics here and address individual problems in real time.
As with most any consulting engagement, the rate for this service is based on myriad factors, including length, frequency, and frankly, degree of difficulty. We offer both monthly and retainage based proposals. We will include a proposal in our RYG summary upon request.
We offer a series of group oriented courses designed to bring attendees through the strategies, steps, and pitfalls of a franchise startup. Structured on an ad-hoc basis, attendees can sign up for any or all of the courses.
DID YOU KNOW? Franchise industry development services (marketing, legal, sales, accounting, etc.) are often 3x-10x the cost of same services outside the industry because service providers target large franchise systems with large franchise budgets.
What's Next
Step 1
Fill out the contact form below and we will set up a free 20 minute call so that we can get to know each other. We'll walk you through our process and engagement structure. If it's all reasonable to you, we'll send you the RYG survey.
Step 2 - RYG Assessment
Following our introductory call, you'll fill out our proprietary RYG survey so that we may get a baseline of where you are with your company and it's foundation for franchising.
Step 3
We review all the details of your assessment and will likely communicate with you to gain context on your responses. This includes everything from your leadership team characteristics to your business model, operation, revenue, expense, capital, marketing, and everything in between.
Step 4
We share the results of the analysis with you. Equal parts quantitative and qualitative, the RYG analysis indicator will paint an accurate picture of where you are and what you have to work on.
Step 5 (if needed)
You decide if you want to stay where you are and continue running your successful business (most often recommended) OR do you wish to start building your franchise foundation - whether with us, someone else, or on your own.