10 Steps The Process To Success
Step 1 - Contact Us
Take the first step towards owning your own business fill in the Request Info in our website. Your confidential contact information will be reviewed by our staff providing you the best opportunities available, matching your preferences and objectives.
Step 2 - First Appointment
One of our consultants will contact you to discuss your background and goals. This may take about an hour and can be done over the telephone. Understanding your particular goals and needs allows us to find your best opportunity. We will also provide a pre-qualification questionnaire that describes your background, employment history and resources.
Step 3 - Research
Based on information provided, we can sort and match the various concepts suitable to your stated goals and resources. There are currently over 2,500 franchise opportunities crossing over 75 concept lines. With our experience we can present 3-5 opportunities best representing your needs.
Step 4 - Presentation
We present you with the opportunities that we have identified during our research. If any of the opportunities are of interest to you, then we will arrange an introduction directly to the representative of the franchise. Our real value is the ability to walk you to the front of the line in dealing directly with franchisors.
You will simply need to complete a confidential questionnaire for the Franchisors of interest. Franchisors want to know that: you are financially qualified, your time frame is within reasonable limits, your partners and/or family support your efforts.
This does not obligate you in any way. It simply shows the Franchisor that when you find the right opportunity that you are capable of performing.
Step 5 - Introduction to Franchisor
We will arrange an introductory call for those franchise opportunities you wish to pursue. These companies will address the specific questions you may have and more fully explain their concept and requirements. After this initial qualifying call the franchisor will send the appropriate marketing materials and arrange for further contact at this point the franchisor may also provide you their franchise disclosure document fully describing there Company and opportunity. For each of the opportunities that you have an interest, we will facilitate and introduction to the Franchisor. The Franchisor will send materials to help you become acquainted with their franchise opportunity. They will present to you their particular process and send you the Franchise Disclosure Document (FDD), which is a disclosure document for their franchise opportunity. The FDD will have a receipt, sign it and return to the Franchisor immediately.
Step 6 - Review of the FDD
We will discuss the items that are contained in an FDD: especially those items that you should pay close attention. You should then review the FDD in complete detail, writing down any questions or concerns for discussion with the Franchisor. The FDD will contain a list of franchisees and contact information.
Step 7 - Call Franchisees
The Franchisor should provide you a list of several franchisees for you to call about the franchise opportunity. Obviously, the Franchisor is going to give you a list of franchisees that are successful and have positive things to say about the franchise. You should contact these references and ask why and how they became successful.
Step 8 - Consultation with Attorney and Accountant
You should always consult with an attorney and an accountant before making a decision. It is important to insure that both people have a good background in franchising. If they do not, then the process may be more costly and time consuming.
Step 9 - Attend a Discovery Day
Most franchisors have a Discovery Day, where they will invite you to their location. You will not only get crucial information for your decision, but will get to meet the staff that will be providing your initial training and continuing support.
Step 10 - Decision Time
You have taken all of the steps up to your Decision time. Congratulations if you have decided to buy a franchise. Now, you will be able to own your business while minimizing risk by buying a proven business opportunity. We wish you well in your new endeavors.
Take the first step towards owning your own business fill in the Request Info in our website. Your confidential contact information will be reviewed by our staff providing you the best opportunities available, matching your preferences and objectives.
Step 2 - First Appointment
One of our consultants will contact you to discuss your background and goals. This may take about an hour and can be done over the telephone. Understanding your particular goals and needs allows us to find your best opportunity. We will also provide a pre-qualification questionnaire that describes your background, employment history and resources.
Step 3 - Research
Based on information provided, we can sort and match the various concepts suitable to your stated goals and resources. There are currently over 2,500 franchise opportunities crossing over 75 concept lines. With our experience we can present 3-5 opportunities best representing your needs.
Step 4 - Presentation
We present you with the opportunities that we have identified during our research. If any of the opportunities are of interest to you, then we will arrange an introduction directly to the representative of the franchise. Our real value is the ability to walk you to the front of the line in dealing directly with franchisors.
You will simply need to complete a confidential questionnaire for the Franchisors of interest. Franchisors want to know that: you are financially qualified, your time frame is within reasonable limits, your partners and/or family support your efforts.
This does not obligate you in any way. It simply shows the Franchisor that when you find the right opportunity that you are capable of performing.
Step 5 - Introduction to Franchisor
We will arrange an introductory call for those franchise opportunities you wish to pursue. These companies will address the specific questions you may have and more fully explain their concept and requirements. After this initial qualifying call the franchisor will send the appropriate marketing materials and arrange for further contact at this point the franchisor may also provide you their franchise disclosure document fully describing there Company and opportunity. For each of the opportunities that you have an interest, we will facilitate and introduction to the Franchisor. The Franchisor will send materials to help you become acquainted with their franchise opportunity. They will present to you their particular process and send you the Franchise Disclosure Document (FDD), which is a disclosure document for their franchise opportunity. The FDD will have a receipt, sign it and return to the Franchisor immediately.
Step 6 - Review of the FDD
We will discuss the items that are contained in an FDD: especially those items that you should pay close attention. You should then review the FDD in complete detail, writing down any questions or concerns for discussion with the Franchisor. The FDD will contain a list of franchisees and contact information.
Step 7 - Call Franchisees
The Franchisor should provide you a list of several franchisees for you to call about the franchise opportunity. Obviously, the Franchisor is going to give you a list of franchisees that are successful and have positive things to say about the franchise. You should contact these references and ask why and how they became successful.
Step 8 - Consultation with Attorney and Accountant
You should always consult with an attorney and an accountant before making a decision. It is important to insure that both people have a good background in franchising. If they do not, then the process may be more costly and time consuming.
Step 9 - Attend a Discovery Day
Most franchisors have a Discovery Day, where they will invite you to their location. You will not only get crucial information for your decision, but will get to meet the staff that will be providing your initial training and continuing support.
Step 10 - Decision Time
You have taken all of the steps up to your Decision time. Congratulations if you have decided to buy a franchise. Now, you will be able to own your business while minimizing risk by buying a proven business opportunity. We wish you well in your new endeavors.
