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How to Sell a Franchise Business

  1. How to Sell a Franchise Business
  2. Prospects Are Likely Not in Buying Mode
  3. PRODUCT FRANCHISE BUSINESS OPPORTUNITY FEATURES • A packaged business under an existing brand • Provide everything needed to start (instructions, training, materials, documentation, etc.) • Back office systems and support DIFFERENTIATION • Our brand is the market leader in our space • Our franchisees' success rate is close to 100% • Our customers love us
  4. PRODUCT FRANCHISE BUSINESS OPPORTUNITY TARGET People that are in between jobs Everybody People that are working as employees People that want to start their own business
  5. • A packaged business under an existing brand • Provide everything needed to start (instructions, training, materials, documentation, etc.) • Back office systems and support PRODUCT FRANCHISE BUSINESS OPPORTUNITY FEATURES DIFFERENTIATION TARGET PEOPLE THAT WANT TO START A BUSINESS IMPROVEMENTS • Start and run their own business • Be their own boss • Make starting a business easier • Decrease the time it takes to start a business • Increase the odds for success • Increase the amount of income they can earn • Make something work better • Make something easier • Decrease the time it takes to do something • Increase revenue or income • Decrease costs or expenses • Improve product quality • Decrease the risk of something bad happening • Improve visibility or access to information VALUE • Our brand is the market leader in our space • Our franchisees' success rate is close to 100% • Our customers love us
  6. PRODUCT FRANCHISE BUSINESS OPPORTUNITY IMPROVEMENTS TARGET PEOPLE THAT WANT TO START A BUSINESS CHALLENGES/CONCERNS • Difficult to make the leap to being a business owner • Not fun working for others and as an employee • Difficult to know what to do when starting a business • It can take a lot of time to start a business • Most businesses fail in the first year • Not able to increase income when working as an employee • What is the opposite of the improvement? • What problem goes away with the improvement? • What problem starts to happen if this improvement is not provided? VALUE PAIN • Start and run their own business • Be their own boss • Make starting a business easier • Decrease the time it takes to start a business • Increase the odds for success • Increase the amount of income they can earn
  7. PRODUCT FRANCHISE BUSINESS OPPORTUNITY CHALLENGES/CONCERNS TARGET PEOPLE THAT WANT TO START A BUSINESS PAIN QUESTIONS • How interested are you in starting your own business? • What has held you back from taking the leap? • How important is it for you to be your own boss one day? • How do you feel about knowing how to start a business? • How much time would you have available to establish a new business? • How worried are you about failing as a business owner? • How do you feel about your ability to increase your income? • What question could we ask to see if the prospect has each challenge or concern? • For each pain point the product fixes is a question that could be asked. VALUE PAIN QUESTIONS • Difficult to make the leap to being a business owner • Not fun working for others and as an employee • Difficult to know what to do when starting a business • It can take a lot of time to start a business • Most businesses fail in the first year • Not able to increase income when working as an employee
  8. PRODUCT FRANCHISE BUSINESS OPPORTUNITY TARGET PEOPLE THAT WANT TO START A BUSINESS CURRENT STATE QUESTIONS • What do you do? • How long have you been doing that? • Have you ever started your own business? • Do you have any goals for starting your own business? • Do you have ideas for a business that you can start? • Do you know how to start your own business? • When was the last time you considered starting your own business? • Have you ever looked at any franchise opportunities? • How much are you making per year? • How much has your annual income increased in the past couple of years? • Currently have what you sell? • Current vendor/provider • Current systems and processes • People in the organization • Current contracts and expiration dates • Size details – number of sites, people, systems, etc. • Current performance/stats (technical, marketing, financial, etc.) • Last time evaluated other options VALUE PAIN QUESTIONS
  9. PRODUCT FRANCHISE BUSINESS OPPORTUNITY TARGET PEOPLE THAT WANT TO START A BUSINESS CUSTOMER EXAMPLE • We worked with a mid-career individual • They wanted to start their own business but did not know how. • We were able to help by setting them up with one of our franchise opportunities. • This not only helped them start their own business, but it also helped them to drastically increase their annual income. • Who have we helped that is similar to the target buyer? • What problem did they have? • What did we sell to solve that problem? • What are two improvements we helped to influence? VALUE PAIN QUESTIONS CUSTOMER EXAMPLE
  10. VALUE POINTS PAIN POINTS PAIN QUESTIONS CURRENT STATE QUESTIONS CUSTOMER EXAMPLE PRODUCT Building Blocks
  11. Cold Call Script VALUE POINTS PAIN POINTS PAIN QUESTIONS CURRENT STATE CUSTOMER EXAMPLE PRODUCT OPEN CLOSE
  12. VALUE POINTS PAIN POINTS CURRENT STATE PRODUCT PAIN QUESTIONS DISCOVERY OPEN CLOSE CURRENT STATE PAIN POINTS PRODUCT CUSTOMER EXAMPLE First Appointment Script
  13. Voicemail Messages Voicemail #1 Voicemail #2 Voicemail #3 Voicemail #4 VALUE POINTS PAIN POINTS CUSTOMER EXAMPLE PRODUCT
  14. Cold Email Campaigns Email #1 Email #2 Delay (1 or 2 weeks) Email #3 Delay (1 or 2 weeks) Email #4 Delay (1 or 2 weeks) Email #5 Delay (1 or 2 weeks) Email #6 Delay (1 or 2 weeks) VALUE POINTS PAIN POINTS PAIN QUESTIONS CUSTOMER EXAMPLE PRODUCT VALUE POINTS
  15. Cold Email Campaigns Email #1 Email #2 Delay (1 or 2 weeks) Email #3 Delay (1 or 2 weeks) Email #4 Delay (1 or 2 weeks) Email #5 Delay (1 or 2 weeks) Email #6 Delay (1 or 2 weeks) VALUE POINTS PAIN POINTS PAIN QUESTIONS CUSTOMER EXAMPLE PRODUCT VALUE POINTS
  16. VALUE POINTS Cold Email – Value Subject Line: Starting a business does not have to be hard Hello [Contact First Name], The reason for the email is that we help people that want to start a business to: • Start and run their own business • Be their own boss • Make starting a business easier • Decrease the time it takes to start a business • Increase the odds for success • Increase the amount of income they can earn I don't know if you want to improve those areas and that is why I am reaching out. Are you available for a brief call where we can learn more about you and share some examples of how we helped people that want to start a business to start and run their own business? Key: Target Value Point Pain Point Pain Question Product
  17. PAIN POINTS Cold Email – Pain Subject Line: Difficult to know how to start a business Hello [Contact First Name], The reason for the email is that we help people that want to start a business to with the challenges of: • Difficult to make the leap to being a business owner • Not fun working for others and as an employee • Difficult to know what to do when starting a business • It can take a lot of time to start a business • Most businesses fail in the first year • Not able to increase income when working as an employee I don't know if you are concerned about any of those areas and that is why I am reaching out. Are you available for a brief call where we can learn more about you and share some examples of how we helped people that want to start a business to start and run their own business? Key: Target Value Point Pain Point Pain Question Product
  18. CUSTOMER EXAMPLE Cold Email – Name Drop Subject Line: Helped to mid-career individual start a business Hello [Contact First Name], The reason for the email is that we worked with a mid-career individual and they were struggling with both their diet and stress. We helped with that by setting them up with one of our franchise opportunities. This not only helped start their own business, but it also helped them to drastically increase their annual income. I don’t know if we can help you in the same way and that is why I am reaching out. Are you available for a brief call where we can learn more about you and share some examples of how we helped people that want to start a business to start and run their own business? Best Regards, Key: Target Value Point Pain Point Pain Question Product
  19. PAIN QUESTIONS Cold Email – Pain Questions Subject Line: How interested are you in starting your own business? Hello [Contact First Name], I am trying to determine if we can help you in the same way that have helped other high-level executives. These are some of the questions that I would ask you to figure that out: • How interested are you in starting your own business? • What has held you back from taking the leap? • How important is it for you to be your own boss one day? • How do you feel about knowing how to start a business? • How do you feel about your ability to increase your income? Do any of those connect with a challenge or interest that you have? If so, let’s put a few minutes on the calendar to have a brief conversation. Best Regards, Key: Target Value Point Pain Point Pain Question Product
  20. PRODUCT Cold Email – Product Subject Line: Franchise business opportunity Hello [Contact First Name], The reason for the email is that I provide franchise business opportunity and that includes: • A packaged business under an existing brand • Provide everything needed to start (instructions, training, materials, documentation, etc.) • Back office systems and support We differ from other business opportunities in that: • Our brand is the market leader in our space • Our franchisees' success rate is close to 100% • Our customers love us Are you available for a brief call where we can learn more about you and share some examples of how we helped people that want to start a business to start and run their own business? Best Regards, Key: Target Value Point Pain Point Pain Question Product
  21. Cold Email – Last Attempt Subject Line: Checking In Hello [Contact First Name], I sent you a few emails and thought I would follow up one last time. The reason I am trying to connect with you is that we help people that want to start a business to: • Start and run their own business • Be their own boss • Make starting a business easier • Decrease the time it takes to start a business • Increase the odds for success • Increase the amount of income they can earn If I don't hear back from you, I will assume you are not interested in those improvements or that you are the not right person to speak with and I will close the file. If I should be contacting someone else regarding this, any pointing in the right direction would be greatly appreciated. VALUE POINTS Key: Target Value Point Pain Point Pain Question Product
  22. VALUE POINTS LinkedIn Cold Inmail – Value > Product Subject Line: Grow the financial team without the cost and headcount Hello [Contact First Name], The reason for the email is that we people that want to start a business to: • Start and run their own business • Be their own boss • Make starting a business easier • Decrease the time it takes to start a business • Increase the odds for success • Increase the amount of income they can earn We are able to do that with our franchise business opportunity and that includes: • A packaged business under an existing brand • Provide everything needed to start (instructions, training, materials, documentation, etc.) • Back office systems and support We differ from other business opportunities in that: • Our brand is the market leader in our space • Our franchisees' success rate is close to 100% • Our customers love us Are you available for a brief call where we can learn more about you and share some examples of how we Key: Target Value Point Pain Point Pain Question Product PRODUCT
  23. PAIN POINTS LinkedIn Cold Inmail – Pain > Product Subject Line: Difficult to know how to start a business Hello [Contact First Name], The reason for the email is that we help people that want to start a business to with the challenges of: • Difficult to make the leap to being a business owner • Not fun working for others and as an employee • Difficult to know what to do when starting a business • It can take a lot of time to start a business • Most businesses fail in the first year • Not able to increase income when working as an employee We are able to do that with our franchise business opportunity and that includes: • A packaged business under an existing brand • Provide everything needed to start (instructions, training, materials, documentation, etc.) • Back office systems and support We differ from other business opportunities in that: • Our brand is the market leader in our space • Our franchisees' success rate is close to 100% • Our customers love us Are you available for a brief call where we can learn more about you and share some examples of how we Key: Target Value Point Pain Point Pain Question Product PRODUCT
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  25. Follow Us @salesscripter / @sales_halper @salesscripter / @michael_halper @salesscripter www.linkedin.com/in/mhalper/ @sales_halper
  26. SMART Sales System S M A R T ales essaging nd esponse actics
  27. Sales Tools (Scripts) Call Scripts Email Messages Voicemail Scripts Objection Responses Meeting Scripts Sales Presentation Sales Message (Sales Pitch) Product Target Buyer Type Value Points Pain Points Questions Customer Examples Sales Tactics and Processes (Tips) Cold Calling Cold Emailing Voicemail Strategy Objection Handling Dealing with Gatekeepers Meeting with Prospects Qualifying Sales Process Networking Closing Level 1 Level 2 Level 3
  28. Sales Tools (Scripts) Call Scripts Email Messages Voicemail Scripts Objection Responses Meeting Scripts Sales Presentation Sales Message (Sales Pitch) Product Target Buyer Type Value Points Pain Points Questions Customer Examples Sales Tactics and Processes (Tips) Cold Calling Cold Emailing Voicemail Strategy Objection Handling Dealing with Gatekeepers Meeting with Prospects Qualifying Sales Process Networking Closing Level 1 Level 2 Level 3
  29. Sales Tools (Scripts) Call Scripts Email Messages Voicemail Scripts Objection Responses Meeting Scripts Sales Presentation Sales Message (Sales Pitch) Product Target Buyer Type Value Points Pain Points Questions Customer Examples Sales Tactics and Processes (Tips) Cold Calling Cold Emailing Voicemail Strategy Objection Handling Dealing with Gatekeepers Meeting with Prospects Qualifying Sales Process Networking Closing Level 1 Level 2 Level 3
  30. Sales Tools (Scripts) Call Scripts Email Messages Voicemail Scripts Objection Responses Meeting Scripts Sales Presentation Sales Message (Sales Pitch) Product Target Buyer Type Value Points Pain Points Questions Customer Examples Sales Tactics and Processes (Tips) Cold Calling Cold Emailing Voicemail Strategy Objection Handling Dealing with Gatekeepers Meeting with Prospects Qualifying Sales Process Networking Closing Level 1 Level 2 Level 3
  31. Sales Tools (Scripts) Call Scripts Email Messages Voicemail Scripts Objection Responses Meeting Scripts Sales Presentation Sales Message (Sales Pitch) Product Target Buyer Type Value Points Pain Points Questions Customer Examples Sales Tactics and Processes (Tips) Cold Calling Cold Emailing Voicemail Strategy Objection Handling Dealing with Gatekeepers Meeting with Prospects Qualifying Sales Process Networking Closing Level 1 Level 2 Level 3
  32. Get your copy here https://www.amazon.com/dp/0578615762
  33. www.salesscripter.com
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