From the initial enquiry about your franchise business, we will advise if there is availability in the area where the candidate lives. If this is the case we will go ahead with the following steps:
Franchise Prospectus
Email and/or post out our chocolate franchise prospectus to the candidate. This provides a wealth of information about SITB and our Franchise Model business.
Initial Communication
Have an initial telephone conversation with the candidate. This is to check their individual needs regarding running the business. We will also cover expectations on earnings.
First Appointment
Meet with the candidate in their local area to properly present our Franchise face-to-face. This meeting should last 90 minutes and is in the form of a presentation. It will provide further detail and should answer questions from the candidate.
This is an important meeting. We will ensure the criteria of our Franchise Model fits with the candidate’s needs.
This is an important meeting, as we will also ensure the criteria of our Franchise Model fits with the candidate’s needs.
Day with a Snack in the Box Franchisee
The candidate spends an entire day with an existing Franchisee. This will involve servicing their existing customer base, in a real hands-on capacity. It gives the candidate an ideal opportunity to see how the business works. Also they can ask questions from someone who is actually running a SITB Franchise.
Formal Second Appointment
With SITB at our HQ. This involves meeting the rest of SITB Team and reviewing the business and Financials. They will review our Franchise Agreement. Also we will provide candidates with access to other SITB Franchisees.
Due Diligence
Using all the information provided by Snack in the Box, the candidates must now carry their own Due Diligence on SITB and our Franchise Model. This involves reading the Franchise Agreement and taking their own professional advice. Then review the financials and again taking professional advice, driving the territory, ascertaining how much competition is in the area and speaking with our existing Franchisees.
Signing Up
SITB will meet with the candidate in their local area in order to sign the Franchise Agreement. Then they will review what is required from the candidate prior to the Training Date. This will include registering for VAT, obtaining a business bank account, set up accounts with suppliers etc.
The time frame from sign up to the training date is typically 2 to 3 weeks