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Why Should I Use A Franchise Consultant Instead Of Dealing With Franchise Companies Directly?

Quite simply, to save time, money and potential aggravation. Our service is free to you. Your franchise fees will not be greater if you choose to use our service. We provide the information a potential franchisee needs to find the opportunity that fits their goals, plus we already know many of the safest and most attractive opportunities in franchising, a task that can take months for someone outside the industry. For a more extensive explanation of our free service, Click Here.

How Can You Offer Your Services For Free?

The consumer pays nothing for the services we offer. This is because we are paid fees by franchisors who respect the processes we follow and who recognize the quality and fit of candidates we refer to them after our consultations are complete. You pay exactly the same fees with any franchise company whether you work with us or not. We are able to provide a win-win scenario for both parties we work with. To read more about our valuable free services, Click Here.

How Will You Help Find The Right Franchise For Me?

Our goal is to find a franchise opportunity that will meet the specific needs of each individual we work with. To do this effectively, we first have to learn what those needs are. We will ask you a series of detailed questions. Some sample questions you will be asked are:

• What are your reasons for wanting a business of your own?
• Have you ever owned a business of your own?
• What hours do you like to work?
• Where do you want you business to be located?
• How do you feel about managing people?
• How much capital do you have to start a business with?
• Will you have partners?
• Do you want to build multiple units?
• How soon do you want your business to open?
• Will you be involved on a full-time or part-time basis?

These are just a few of the many issues we will discuss with you over the course of our consultation process. With this information we can create a personalized profile and model for you to use in evaluating franchise opportunities. We can also usually match the people we work with to a few franchise opportunities that have characteristics consistent with the ones they're looking for in order to save time and effort in the process.

Sorting through many hundreds of franchise opportunities can be a long, confusing process. Many people spend months sorting through companies without ever finding an opportunity that has what they really want in a business. We can help!

We've done much of the homework for you. We have carefully pre-screened hundreds of companies from all areas of franchising. They include companies of all types including mall retail, shopping center retail, home based, fast food, other food, automotive, personal service, gift and business to business sales.

These companies must meet the exacting standards we have set to be included in our inventory. We examine the record of the franchisor relating to litigation, failures and, most importantly, the satisfaction of the existing franchisees with the people and opportunity they are involved in. We only want to work with the best. To learn more about the program, Click Here.

Why Buy A Franchise?

Franchising offers individuals the opportunity to be in business for themselves, but not by themselves. The Franchisor is there to provide support with all the different functions of the business. They have seen the issues that can arise in their business and know how to deal with any problems effectively.

Prior to your opening, they provide extensive initial training and support so you're well prepared to handle whatever comes. They can also provide advertising and marketing support to help build your business faster. The most significant benefit to franchising is the reduced level of risk. This comes from a franchise system's brand recognition and proven method of doing business.

To review some interesting statistics about the dynamic economic opportunity franchising provides, Click Here.

What Financial Assistance Is Available?

Financing can be a major hurdle for any potential franchisee. Start-up costs can reach a high level and it is essential that the franchisee have adequate working capital. It is important to address any financing issues during the investigation of franchise opportunities.

The best source of information about financing options for any franchise is the franchisor. Once again, we are dealing with an issue that the franchisor has addressed numerous times with other franchisees and they will have a good deal of information about the practical options that are available.

What Is A UFOC?

The initials stand for Uniform Franchise Offering Circular. This is the disclosure document the FTC requires every franchisor to provide to prospective franchisees before they purchase a franchise. It provides valuable information a person will need prior to making their purchase decision. There is information on required fees, the initial investment, failures, litigation, company history, etc. This is a very useful tool that needs to be thoroughly examined during the investigation process.

How Soon Can I Get My Business Started?

This depends almost completely on you. The consultation process can be completed easily within a few days if you are responsive and motivated. After the actual investigation of franchise opportunities begins, most of the people we work with can find a great match for them within one to three months. After you select the right franchise for you, it will typically take about 1 to 6 months for your actual franchise business to open for operation. To get started with our process immediately, Click Here.

Will My Personal or Financial Information Be Sold to Anyone?

The answer is no. The information you provide FranChoice is confidential and will only be seen by our consultants and any franchisor that you decide to pursue an investigation process with.

When Will You Send My Information To A Franchisor?

Only after you have requested and approved such a submission.

How Much Cash Do I Need?

There are a wide variety of franchise opportunities that have initial investments as low as $50,000. It is important to note that the investment required in any franchise is often not a good indicator of the total returns that may be available. In any case, the most important requirement is that the concept fits your needs and goals. The concept can cost $1,000 or $1,000,000 but the only way to know if it's the right opportunity for you is to match it against your personal interests and skills. For more information about how you can make this determination, Click Here.

Do I Need Experience In A Particular Industry To Successfully Run A Franchise?

No, in fact most franchisors are looking for people with no experience in their industry. This is because they want their franchisees to focus on running the business and not performing the labor their concepts require. Franchisors need people who can be effective in areas such as motivating employees, generating sales, and running the day-to-day operations as efficiently as possible. The franchisee role is typically one of management rather than labor.

What Kinds of Things Should I Look For When Investigating Franchises?

There are many critical factors that must be taken into consideration when investigating franchise opportunities. The consumer information section of this web site contains an extensive explanation of the investigation process for franchises and the factors that need to be addressed. To access this section directly, Click Here.