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FRANCHISE WITH KIKA

Get started With Our Expert Team of Franchise Development Consultants

About Kika

Kika Wise is a former professional dancer turned entrepreneur, franchisor, and wellness educator. As a forward-thinking and innovative visionary, Kika is the Founder and CEO of Kika Stretch Studios, one of the nation’s leading stretch and fitness studios.

With national locations throughout the United States, including New Jersey, Georgia, Nevada, New York City, Pennsylvania, and Texas, Kika Stretch Studios are continuously growing. Kika is just one of three African American women franchisors in the country.

Born and raised in New Jersey, in high school, Kika developed an interest in dance when her family relocated from Newark to Bloomfield. By the age of sixteen, Kika had trained in various styles before graduating from Bloomfield High School and eventually earning a bachelor’s degree in Dance from Montclair State University.

FRANCHISE DEVELOPMENT

Franchise Development is the process of converting an existing business model into a franchise system. Franchise With Kika works closely with businesses and business owners to develop the appropriate strategy, models and approach to launch a new franchise brand and create a platform that allows for scale. Much like building a house or constructing a machine, the process begins with planning and strategy to clearly identify the opportunity and best way to grow the brand.  Following the strategy development, Franchise With Kika works with third-party franchise lawyers to develop the necessary disclosures and registration work to offer and sell a franchise. The third phase of the franchise development process is to create the operations, training and structure necessary to teach and train a new franchisee how to operate the business and how to successfully open a new location of the brand.  Finally, the franchise development process concludes with the development of Franchise With Kika materials, collateral and presentations in order to promote, present and recruit franchisees.

GROW YOUR BUSINESS

WITH FRANCHISE DEVELOPMENT

Franchise With Kika works through an experienced team of franchise consultants and franchise development experts to design, build and customize franchise programs for businesses. Through this refined process, businesses have the ability to grow and replicate through franchising. Go into the franchise development process knowing that you have the tools and experience behind you to successfully franchise your business.

Building a business is a time consuming and life changing experience. It takes years of work to build most businesses and even years more to realize financial returns from them. Franchising a business or growing through licensing can have the same sort of growth pattern that a typical franchise development model might follow. The first year or so may be a slower build up as marketing, PR and sweat equity get the word out regarding a business opportunity and then people begin to buy in. The really intriguing element of franchising or licensing is that once the system begins to build momentum it can have a tremendous snow ball effect and the growth can develop exponentially.

process of building

a franchise system

The process of building a franchise system and replicating a business model, it is critical to allow new partners to have their own feeling of ownership. If someone joins a franchise or license model and feels that they are treated as an employee or less than equal in the business relationship, it is very typical for these systems to struggle. The franchise organizations that have succeeded in a short time period have done so through a culture and relationship model that breeds cooperative work together. The Franchisor and Franchisees do not look at one another as different parties, they are a team and both have the same goals in building the franchise system they are a part of.

Individuals often ask us about what franchise development steps they should be taking to franchise their businesses.

This list contains items that are elements of your business or operational model that you may choose to work with in order to position your business and brand for franchise growth. They do not replace the need for franchise development, but supplement this work and will assist in streamlining the process of taking the organization from where it is today to the franchise marketplace.

1. BUILD YOUR BRAND

2. UNDERSTAND YOUR SALES PROCESS

3. KNOW HOW YOU MANAGE YOUR BACK-END

Delivery of services – You don’t necessarily need to have everything down on paper, but you should know how you deliver your product or services to the customer (bake the bread, make the product or clean the carpets, etc.)

How do you manage your cash flow? You should have a fairly good understanding of how you would coach someone on how to manage the finances of a franchise.

4. WHERE DO YOU BUY PRODUCTS AND INVENTORY?

  • It is important in franchise development also to understand where you would direct someone to purchase the needed supplies and inventory. Items such as, but not limited to, the following should be provided:
    • Equipment
    • Machinery
    • Inventory items
  • You would need to provide vendor lists and contacts.

5. GET TO KNOW YOUR TRAINING PROCESS

WONDERING HOW TO FRANCHISE YOUR BUSINESS?

Let Franchise With Kika Guide You Through the Franchise Development Process.

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