Speed of Growth[/ultimate_heading]
There is no way to grow a business faster than through franchising. Raising capital to open location 3 and 4 takes time and enormous effort, as does build-out, staffing and ongoing management. Franchising can place dozens of new owners quickly while utilizing the franchisee’s capital, skills and time.
McDonald’s, 7-11, Dunkin Donuts… Yes you know them all. How did they do it? They created a system where the proof of burden was placed on thousands of highly qualified business owners. Building a franchise is a sophisticated means for creating extreme wealth.
create a movement[/ultimate_heading]
Cannabis Franchisors will be the leaders in this new industry. Franchisees bond together to form a tribe around the business creating an impenetrable brand with exponential growth.
franchising vs. licensing
- *Control Systems & Processes
- *Ongoing Royalty & Branding Stream
- *Tight Control of Brand
- *Franchising Protections
- *Slower Sales Cycle Protects Reputation
- *Powerful Exit Strategy
- *No Control of Process
- *No Royalties
- *No Control of Brand
- *May still be Subject to Franchising Law
- *Fast Sales Cycle can Jeopardize Reputation
- *Negligible Exit Value
Buy a franchise
Attend Franchise Webinar
Learn How To Launch A Turn-Key Cannabis Retail Dispensary From California Experienced Operators.
SCALING TO MULTIPLE RETAIL STORES
By using this proven, successful model, you can schedule the opening of several stores using the revenue from the first store, to open the second store and so on.
FRIDAY. MAY 21, 2021 @ 3:00PM EST (online-only viewing)
create your own wealth
A COLLECTION OF 2-MINUTE TOPICS ON FRANCHISING
Get Your Complimentary Signed Copy & Consultation with Author, Holly A Ford
What would it look like to franchise your business? For a limited amount of qualified business owners, you’ll get access to a 30 minute, one-on-one discussion with Author Holly A Ford, where you will explore the details of a personalized franchise strategy for your unique circumstances. This Franchise Consultation is a crucial part of a powerful exit strategy for positioning correctly in the marketplace. When you order your signed copy of the book, you’ll get access to Schedule a call on the second page and do a one-on-one deep dive into franchise strategy, specifically as it relates to the your company.
free sample chapters
Cannabis10x creates your detailed franchise strategy by superimposing the sophistication proven results over the complex terrain of Cannabis. The 10X Team has created over 2,000 franchises and uses award-winning franchise developers to rank their clients internationally.
Creating Wealth through Franchising.
And the Living is Easy
Investing Retirement Money in a Business.
ALL THAT GLISTENS…
Franchising vs. Starting a Business
Diamond in the Rough
Why Invest in an Unprofitable Business
The organization is led by a visionary social entrepreneur whose values are embedded in the culture of the organization.
The organization’s innovation is positioned to have a quantifiable impact on humanity.
The organization has a sound and viable business model and a compelling plan for achieving long-term growth and sustainability.
The organization has an approach that fundamentally disrupts an unsustainable or unjust equilibrium to solve social and/or environmental problems.
The business will benefit from impact-franchising. The franchisor and franchisees will actively participate in the Cannabis 10X community of social entrepreneurs and thought leaders.
Cannabis 10X Course Sponsored By:
Franchise Your Business with Cannabis 10X and Receive Access to Hundreds of International Brokers for Fast Growth
Franchise Your Business to Create Exponential Wealth and a Palatable Target for Institutional Capital
- Franchising VS Licensing
- State Registration & Federal Restrictions
- The FDD
- Kit Vinson, Operations development for Panda Express & Haagan Dasz, shares insights to give you the powerful protection of a solid operations manual
- Identify your Business’ Unique Selling Propositions
- Personal Branding Evaluation by award-winning branding strategist
- Create a detailed franchise pro-forma specifically for your business
- Create both a conservative and visionary development plan
franchise your business model
the 10x franchise advantage
Franchisees have a much lower investment than a business that must build from the ground the operations, branding and legal support of the existing franchise. Because of this lower investment ROI will be significantly higher.[/ultimate_heading]
Units are generally better run, as is reflected in the fact that franchised stores generally outperform company-owned stores in terms of sales volume.[/ultimate_heading]
Franchisors can grow the organization without adding significantly to overhead and leverage the assets of the entire franchise system for valuation for capital or a viable exit strategy.[/ultimate_heading]
International expansion is facilitated easily with global partners and a much more rapid pace as risk is assumed in the country of origin.[/ultimate_heading]
The franchisor will not be signing leases, taking on financing, etc., and will thus expand with limited contingent liability.[/ultimate_heading]
The liability for acts of employees (e.g., sexual harassment, EEOC violations, etc.) and for occurrences in the unit (e.g., slip-and-fall) accrues to the franchisee, not the franchisor, for the most part.[/ultimate_heading]
Franchising provides the business with an elevated level of motivation as management of the stores are no longer employees but owners of an investment.[/ultimate_heading]
Franchisees generally keep their units in better operational shape than unit managers and, as a part of the community, are better able to promote these units locally.[/ultimate_heading]
Since franchisees use their own capital, the franchisor has virtually no investment at the unit level. Franchising allows companies to leverage off the assets of franchisees[/ultimate_heading]
Franchisees will often contribute to a common advertising and promotional fund. This fund will be used to promote the brand under the direction of the franchisor.[/ultimate_heading]
Selling Your Franchises
Cannabis 10X Creates the Sales Architecture from which the effective sales flow is based. Sales flow is essential for growth. Cannabis10X actively directs sales flow from portals, advertising channels, brokers, networks, and development website into the sales funnel. Real-time changes are made based upon ongoing results with both active and passive feedback. Establishing solid sales involves much more than generating leads. Managing brokers, creating effective discovery days, and ensuring the systems infrastructure for effective validation are essential.
Cannabis10X Franchise Experience
FORBES COMMUNICATION COUNCIL
CO-FOUNDER BIOLOGIC HERBS
CANNABIS THOUGHT LEADER
FRANCHISE 500 OWNER
Jason Tropf is the Founder and CEO of Cannabis10x, the first Cannabis only Business Brokerage; Founding member of a Franchise 500 Brand; and a member of the Forbes Communication Council publishing insights related to the Cannabis industry. Tropf is also co-founder of Biologic Herbs, an all-natural, herbal, alternative solution to antiviral drugs.
As former Chief Marketing Officer and founding member of RSVP, Tropf assisted in the expansion of franchise territories that grew to more than 100 locations across the US. Upon the sale of that business and a lucrative exit, his efforts were focused on repeating that process in emerging markets, cannabis. After consulting with over 250 franchisors as an Executive Franchise Broker, he sought out the most effective cannabis brands with the express purpose of creating an effective franchising framework and embedding a team into the infrastructure across borders, inter-state and internationally, as it develops. You can find this network at the Cannabis10x Virtual Capital Pitch Events.
Tropf is co-founder of Freedom Flower, an ongoing project dedicated to social responsibility with the aim of raising funds to support the less fortunate including the families of the wrongfully imprisoned. Proceeds go to the families of the men and women serving time for the non-violent crime of possession of marijuana. The group aims to work with the best flower producers in the world to raise awareness and support those who are paying the price with their lives. Focus includes victims of sexual assault, child sex trafficking and victims of abuse.
Holly A. Ford
FOUNDER ZARIAN FIRM
CO-FOUNDER BIOLOGIC HERBS
BEST SELLING AUTHOR
Holly A Ford is the Co-Founder and Visionary for the first Cannabis/Hemp only Business Brokerage, Cannabis 10X and its subsidiary 10X Events- a capital raise incubator; Founder and CEO of International Business Brokerage, Zarian Firm; and contributor to multiple publications on business acquisitions, investments and franchising.
In the franchising space, Ford is an award-winning franchise developer, best-selling author of; Create Your Own Wealth – A Collection of Two-Minute Topics on Franchising, contributor to 12 franchise publications; and frequent radio and pod-cast guest.
Ford’s mission is to “Empower Humanity with Creative Force”. Via that mission she has made significant impact in the Cannabis, Pharma and Social Equity industries. She is the co-founder of Freedom Flower, a powerful organization that focuses on ‘Just Laws’ and true freedom for all of humanity. In 2020 she co-founded Biologic Herbs, a science meets plant brain venture that uses centuries of herbal medicine in the spotlight of science to globally empower individual health. In the business sector, she has ignited an initiative to leverage businesses world-wide as a social entrepreneurial catalyst for global change through her program ‘Impact Franchising.’
10X Franchise Team
Co-Founder, ITW Consulting
300 Projects Launched
240 Digital Transformations
14 Years in Business
Clients have included Boston Pizza.
High end customized franchise manuals.
President, FranMan Inc.
Customers include 7/11, Haagan Dasz, Panda Express, Miracle Ear
Franchise operations podcast host
15 years franchise manuals
Franchised over 2,000 concepts
Clients include Sbarros, Five Guys
40+ years in franchising
Author: So You Want To Franchise Your Business[/ult_team]