Franchise Site Selection and Lease Negotiations
About This Course
This course is developed for entrepreneurs, business managers, and existing or aspiring franchisors and franchisees who seek to refine their expansion strategies through effective site selection and lease negotiations. The targeted sector for this course spans multiple industries where securing the right location is crucial for business success, including but not limited to retail, F&B, education, wellness, hospitality, leisure, entertainment, and technical and technological services. Designed to accommodate learners from diverse backgrounds—ranging from start-ups and small enterprises to well-established companies—this course will equip professionals with the knowledge and skills to assess commercial, industrial and retail property options, navigate leasing terms, and negotiate favourable agreements that support long-term business growth.
What You'll Learn
2. Develop comprehensive property plans encompassing legal considerations, facilities development, equipment and asset installations, and renovation requirements
3. Calculate the costs associated with property development projects, including renovation, equipment, furniture and fittings
4. Negotiate effective leasing terms and compliance requirements with landlords, management agencies and regulatory bodies
Through a combination of real-world case studies, expert discussions, and hands-on activities, learners will gain the practical insights needed to bridge these gaps and more confidently choose and negotiate suitable sites for leasing.
Entry Requirements
This course aims to equip entrepreneurs, managers and professionals in choosing and negotiating where to locate their businesses. It is designed to cater to learners from various backgrounds and industries, ranging from start-ups and small enterprises to established companies, as well as anyone interested in adopting a holistic approach to elevating site selection capabilities for business expansion. Learners should have at least a diploma or equivalent educational qualifications, and be able to listen to, speak, read and write English and use numeracy skills at a proficiency level equivalent to the Employability Skills System Workplace Literacy and Numeracy (WPLN) Level 4.