Here is an article to tart you off.
You might want to contact the author to engage them for conulting.
My first tip is to look at IFA, International Franchise Association. They are the best resource for help and advice from experts and other members.
Fundamentally, you may have had a successful business, but you need to go back to day one and start building an "owner's manual for operation of the business. It must include every step from start to operational. Collateral forms and agreements should be developed. You need to develop financial info showing how you became an ongoing concern. a franchise's value is increased when you can show evidence of it being a going concern in the wake of the seller. many buy a franchise and later sell it.
After a decade in franchise operations, training and support I learned two lessons; first one of three franchisees makes it because of what you do for them and another fails no matter what you do for them and finally one will succeed in spite of what you do for them. Second lesson, sell franchises to people who are truly looking to actively start their own business, not just because they can buy it.
I would recommend starting with a distributor or new markets first. This is not legally challenging and will give you an experience with a new partner and a new markets. This may help you experience expanding to new markets before committing to the franchise model.
As I know ,I was working for quite short time in franchise company , All you have to do is search for the company having the ability to give franchise in your field ,approach them for your wish then they will show you their conditions for giving you franchise , in regard of the shape & all details in regard . Plus the cost of it -amount you need to pay when you start ,then the percentage yearly .
So is the casino party business something you thought up? If not who's original idea was it? If not your original idea than you will need to get permission from the original owner to franchise their product, which means you will have to share the profits with them. However in general I would say that somehow or another you will get into legal trouble if this business is not your original idea and if your original idea you should have it trade marked.
to put together a franchise there is a few parts to the process putting together the manuals and the legal.i like the fact that you have been doing this for 15 years usually i would ask a lot more questions to see if franchising is something that you would want to do and to go over the costs but that can be done on a call we have a franchise division that would be happy to speak with you
What you're talking is a whole enterprise in itself. First you're needing to
give a GENERAL FORMAT of how this business is structured and operated in.
I'm not sure, but would think/suspect there are organizations that do nothing
but develops FRANCHISE Enterprises and that's something you should look into.
I hope this gives you some direction.
Here is a great article...http://www.entrepreneur.com/article/66178
Hopefully someone will be able to help you here.
We considered the same things and the complexity is more than we imagined. I suggest you start with a franchise lawyer from your state. I think you will be amazed at how regulated franchises are. It is actually easier for us to set up offices ourselves than to create a franchise.
What you should do is check with places like McDonalds and they can give you information on franchising. They can also give you some idea of what pricing you should use. That would be a good format for you to follow.
I would check out this site first.
You must first have a product or service that is franchisable and then you need to Map every operational process to standardize your business model, then you seek a franchise attorney and patent your business franchise and processes as your IP.
Finally your advertise your franchise for sale to business owners that can benefit from your standardized business model
First, know that it is franchise-able. Then research who is most likely to be a franchisee. Then determine at what price point it would allow those targets to buy in. Franchises are very heavily regulated, you'll want a lawyer to assist you - yes it is costly so your business model must be able to support your franchise fees and royalties.
Get Entrepreneur Magazine and in the back are an abundance of franchising opportunities. All of the franchise opportunities provide detailed information on what's involved to have a franchise with each one. Simplest way I can suggest to explore franchising.
Looks you are doing very unique business. My suggest is that you need to work with Franchise Consulting company. They are expert and they know what to do and how to do it.