Franchise Opportunity Prioritization Template
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As a CEO in Franchise Development, making strategic decisions on which franchise opportunities to pursue is essential. This template uses a Priority Matrix to help identify and prioritize potential franchise opportunities based on their urgency and importance.
Follow the structured tasks to research markets, assess franchises, schedule meetings, and develop business proposals, ensuring a focus on high-value prospects for your company's growth.
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Franchise Opportunity Prioritization in Priority Matrix
Prioritize franchise opportunities for strategic growth with a Priority Matrix.
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Proposed Tasks
Urgent and Important
-
Task 1: Identify Potential Franchise Opportunities due in 1 week
☐ Research potential markets ☐ Identify potential franchises -
Task 2: Conduct Initial Assessment due in 2 weeks
☐ Analyze franchise profitability ☐ Assess franchise reputation -
Task 6: Develop Business Proposals for Top Franchises due in 6 weeks
☐ Prepare business proposals ☐ Review proposals with team -
Task 8: Negotiate Terms with Franchises due in 8 weeks
☐ Negotiate franchise fees ☐ Negotiate support terms -
Task 9: Finalize Franchise Agreements due in 9 weeks
☐ Review final agreements ☐ Sign agreements
Important, Not Urgent
-
Task 4: Perform Detailed Franchise Analysis due in 4 weeks
☐ Analyze franchise business model ☐ Evaluate franchise support system -
Task 5: Prioritize Franchise Opportunities due in 5 weeks
☐ Rank franchises based on potential profitability ☐ Consider strategic fit with company -
Task 10: Plan Franchise Launch due in 10 weeks
☐ Develop marketing plan ☐ Plan franchise opening
Urgent, Not Important
-
Task 3: Schedule Meetings with Franchise Representatives due in 3 weeks
☐ Contact franchises ☐ Schedule meetings -
Task 7: Submit Proposals to Franchises due in 7 weeks
☐ Submit proposals ☐ Follow up with franchises