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la prep

20 STEPS TO YOUR OWN FRANCHISE

  1. Interested candidates complete the confidential application form.
  2. Completed applications are reviewed and analyzed.
  3. Successful candidates meet with the la prep team.
  4. Candidates tour existing locations and meet with other franchisees.
  5. Analysis of business opportunity and local area analysis is undertaken.
  6. Confirmation of interest, reservation, letter of intent and confidentiality.
  7. Disclosure Document and Franchise Agreement are presented.
  8. Conditional Offer is drafted.
  9. Site selection and negotiation of lease is undertaken.
  10. Business plan development (turnkey).
  11. Consulting and negotiation of financing (turnkey).
  12. Final commitment (Signature of contract and payment of franchise fee).
  13. Training program at la prep training centre.
  14. Interior design preparation.
  15. Business permit application, setup of accounts (ex. GST).
  16. Equipment specification and ordering.
  17. Renovation of store and supervision.
  18. Final preparation for opening day.
  19. Assistance in handover.
  20. Post-opening support.