Evaluation and Qualifying

Steps to Qualifying and Evaluating

1. Exploratory Meeting...Initial meeting to get to know one another
· Overview of how the franchise agreement process works
· Review key points of the franchise agreement
· Complete Qualification Questionnaire
· Review the advantages of franchising
· Industry overview
· Franchise support and systems
· Receive UFOC, franchise agreement and candidate evaluation
· After Step 1: (candidate)
· Review UFOC, Agreement & Other Materials
· Formulate Questions
· Fill Out Qualification Questionnaire

2. Franchise System Verification...Understand the franchise system and agreement
· Answer questions about franchise agreement of UFOC
· Review Qualification Questionnaire
· Review timeline process
· Introduce support team (Generally by Conference Call with AR, VP and Candidate)
· After Step 2: (candidate)
· Formulate Additional Questions
· Complete Short Business Plan
· Review Documents with Professional Advisors (If Necessary)
· Reserve Time for Location Visits
· Submit for funding approval

3. Understanding of Support...Understand the franchise support system
· Review Operational Manuals with Area Representative
· Review additional questions
· Visit operation and/or office (Discovery Day)
· Review terms of agreement
· Review business and marketing plan
· After Step 3: (candidate)
· Formulate Questions
· Finalize Review of Documents with Professional Advisors (If Necessary)
· Review Business Plan, Agreement Terms
· Review Potential Start Dates & Time Frames

4. Contract Signing...Receive final approval and award franchise agreement
· Review any outstanding questions
· Upon approval of all parties, execute franchise agreement
· After Step 4: (candidate)
· Sign franchise agreement, deposit franchise fee
· Begin Working with Territory Area Representative / Begin Marketing Plan
· Work Through Financing Arrangements
· Set Date for Training