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Ask HN: My client is about to franchise to 50+ locations across US
I have a client that owns 3 fitness studios. I've built out a .NET web application for them that allows users to book classes, buy packages, manage their accounts, etc. The client has been approached by an investment group to adopt a franchise model to scale across the US to over 50 locations next year.
What are questions that I should prepare for the investment group either of a technical or business nature? What should I keep in mind when switching to a franchise model and to scaling to such a large size from a technical perspective?
This is my first time dealing with something like this and would love your feedback.
- tzm 10y agoLikely IP and licensing discussions. Prepare for technical discussions that supports (or facilitates) a competitive business strategy. System architecture, software patents, etc.
- gus_massa 10y agoSilly but important question: Is the investment group going to give money[1] to your client, or your client is going to give money to the investment group? [1] Money as in real green cash, not as in 10 year it will rain money. (There are some consulting groups that approach business disguised as investment groups.)