Philadelphia Business Lawyer Sarah E. Holmes
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Is Your Health and Fitness Coaching Business Ready to Franchise?

11/7/2018

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Picture
You started with a dream of helping people meet their health and fitness goals and live their best life possible. Now several years down the road after many long days and 7-day work weeks your Health and Fitness Coaching business is really starting to take off. Business is booming, and you are faced with the question of do you try to run additional locations on your own or take on partners. Now might be the perfect time to leap into franchising, but first make sure you can answer these four key questions.
 
Is Your Brand Clear and Easy to Share?
 
A franchise requires more than just a great idea. As the owner you should have a clear idea of what your brand is and what you do before seeking to build a franchise. Franchises are all about systems, your Health and Fitness Coaching business must be branded and systemized before considering a franchise.
 
Can You Replicate What You Do?
 
You are the vision and backbone behind your successful Health and Fitness Coaching business. Before considering a franchise, you need to make sure that someone else is going to be able to successfully replicate your business model without you being involved in the day-to-day operations.
 
Do you Work Well With Others?
 
In order to build the systems that will make your Health and Fitness Coaching franchise a success, you are going to need to reach out to and work with experts in a number of areas. Will you be able to take possible criticism and structure changes to your current model of doing business in order to build a successful franchise plan?
 
Is Expansion Realistic?
 
You already put in late hours and long weeks, unfortunately building a franchise will add to this workload in the short term. Eventually franchising might create more freedom for you as the owner, but you need to be realistic and decide if you are ready to work even harder in the short term or if the local success of your Health and Fitness Coaching business is enough for now.
 
 
Still have questions about building a franchise or ready to take the next steps? A consultation with a Business Lawyer is a great starting point and we are happy to help!

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    Sarah E. Holmes is a Philadelphia business attorney and strategist that helps start ups and established businesses looking to expand, protect their assets and increase their profits in an approachable, down-to-earth way.  When you're looking for a business lawyer in Philadelphia, the Main Line or New Jersey, we can help.

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Holmes Business Law, P.C.
​Two Convenient Locations- Main Line and Center City
40 E. Montgomery Avenue (all mail)
4th Floor
Ardmore, PA 19003
and
1515 Market Street
Suite 1200
Philadelphia, PA 19102
215-482-0285
 

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This website and its content herein constitutes attorney advertising.  Any content on this website should be construed as informational, not legal advice.  No information on this website is intended to create an attorney-client relationship.  Only a signed fee agreement between Sarah E. Holmes and the client will establish an attorney-client relationship.  Use of any information on this site is provided "AS IS" with no warranty of any kind, either express or implied.  Always consult with a licensed attorney in your own state for legal advice.
Photo used under Creative Commons from AK Rockefeller
  • Home
  • Attorneys & Areas of Law
    • Business Entities >
      • Corporations
      • Limited Liability Company (LLC)
    • Business Immigration
    • Business Purchase or Sale
    • Raising Capital & Investor Agreements >
      • Promissory Notes and Debt Financing
      • Private Placement and Equity Financing
    • Business Contracts >
      • Consulting Agreement
      • Employment Contracts
      • Independent Contractor (1099) Agreements
      • Website Terms and Privacy Policies
    • Copyright & Trademark
    • Hiring Employees/NDA/Non Compete
    • Estate Planning & Wills
    • Commercial Real Estate >
      • Commercial Lease
    • The Right Start Program
  • About
    • Speaking and Events
    • Client Testimonials
    • Privacy Policy/Terms of Use
    • Contact
  • Business Success Tips
  • Flat Fee Packages
    • New Businesses
    • Existing Businesses
    • Dispute Resolution
    • Trademarks & Copyright
    • Estate Planning
  • COVID-19 HELP