[ Screen. Qualify. Engage. ]

The Franchise Development Scorecard

Twelve questions, about five minutes. See where your franchise sales process stands in four areas, each compared with published industry figures, plus one practical move for your biggest gaps.

1 Screen2 Qualify3 Engage4 Foundations

Answer for the last 12 months. Most benchmarks are U.S. figures; Canada doesn’t publish its own sales-process data.

Area 1 of 4

Screen

Who you choose to sell to.

1.Do you have a written profile of the owner who succeeds in your system?
2.At what point do you assess a candidate’s fit for the role of owner, beyond their finances?
Area 2 of 4

Qualify

How fast and how persistently you reach a new lead.

3.When a new franchise inquiry comes in through your website, how soon does the person get a personal reply (not an autoresponder)?
4.Which channels do you use to make first contact with a new lead?
5.How many attempts do you make before closing out a lead that hasn’t replied?
Area 3 of 4

Engage

How candidates move from lead to signature.

6.What share of your leads become signed agreements?
7.What share of candidates who attend Discovery Day go on to sign?
8.How long, on average, from first inquiry to signed agreement?
9.Do you record why each lost lead was lost?
Area 4 of 4

Foundations

Who owns the work, where signings come from, and what they cost.

10.Who owns franchise sales day to day?
11.What share of last year’s signings came from referrals by existing franchisees or your own network?
12.Do you know your cost per signed franchisee?

Where should I send your results?

Your results appear on the next screen right away.

Your answers and details go to Gavin Bajin at Meadowhawk and nowhere else. Completing the scorecard doesn’t add you to a mailing list. See the Privacy Policy.