In this episode of the Franchise My Business podcast, Kevin Oldham talks about the importance of processes to get the knowledge of running a company out of the founder’s head—and it starts with documentation. The goal is to make processes independent of the founder so that if and when the decision to franchise comes around, you are ready to expand.
HIGHLIGHT QUOTES
Document processes to make expanding to franchising seamless – Kevin: “If you think about business, document your processes, make it so that those processes are not dependent upon the founder, and then if you ever get to that point where you find yourself making that decision to expand via franchising, you will have saved yourself a ton of time and a ton of work.”
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