Absolutely nothing. As a Franchise coach, I’m a representative for well over 800 franchises, all of whom are actively seeking high-quality franchisees. However, as these corporations are primarily focused on running their businesses, they don’t have the time to search for the ideal owners themselves. This is where I step in. My services are paid for by the franchises, who entrust me with the task of finding them the best candidates. My success is directly tied to yours, as I only get paid when you thrive. That’s why I put in extensive effort on behalf of my clients and am able to do so at no additional cost to you.
You do not need any prior experience. Franchise companies are committed to ensuring the success of their owners, and to that end, they offer training programs designed to provide them with the tools and knowledge needed to thrive. It’s not uncommon for many of my candidates to express surprise at their own transformation and super success.
Through my expert coaching, you will make the necessary shift in mindset to start thinking like a successful owner, and we’ll work together to find the ideal fit that you’ll truly love.
Because you do not want to make the mistakes that franchise owners without guidance can make. The common mistakes include basing decisions on inaccurate or incomplete information, adopting a customer mindset rather than an owner’s perspective, and being blindsided by unexpected expenses.
Drawing upon my four decades of experience in franchise ownership and coaching, I am well-equipped to help you avoid these missteps and make a smooth transition into ownership. Having personally navigated this process several times over, having guided countless others through it, I am deeply passionate about identifying and addressing potential pitfalls, so that you can confidently and successfully own the business of your dreams while enjoying peace of mind throughout the journey.
Of course not. Whether our consultation and coaching process takes a month or a year, it doesn’t impact my dedication to serving you and your best interests. My ultimate objective is to ensure that we arrive at a decision that total clarity of mind, a clear decisiveness and keeps you positively charged for years to come, as it enables you to enjoy the lifestyle you deserve and make progress toward achieving your long-term goals.
The amount of money required to invest in a franchise varies widely and depends on a variety of factors, such as the type of franchise, the industry, and the location. Home based franchises may require a relatively low initial investment of a few thousand dollars, while brick and mortar based franchises like retail, fast food and restaurants may require a substantial investment of $50K into the millions.
It’s important to note that the initial investment is just one of many financial considerations to keep in mind when evaluating franchise opportunities, as ongoing expenses and operational costs can also impact the overall financial requirements.
Brick-and-mortar retail franchises usually require 6-12 months to launch, primarily due to the necessary steps involved in setting up a physical location. Tasks like identifying suitable real estate, carrying out construction work, stocking inventory, and planning grand opening events require significant planning and implementation time.
On the other hand, home-based franchises can be up and running in as little as 30 days post-training with the franchise company. Typically, however, it takes about 1-3 months on average for home-based franchises to launch following the signing of the franchise agreement.
You can, but you are missing the point. Simply relying on a process that only focuses on defining your vision for the future and matching you with franchise business models may not be the most effective or efficient way to find the ideal franchise for you.
This approach may overlook crucial factors such as your eligibility for a particular concept, availability of the franchise in your desired market area, alignment with your personal, financial, and professional goals, and other important considerations that could further complicate your franchise selection process.
Of course! Purchasing a franchise is a significant investment for many individuals, and a wrong decision can have long-lasting consequences. It is therefore crucial to seek professional guidance before making a final decision. It is advisable to consult with a franchise attorney who is well-versed in the intricacies of the franchise industry, as well as a CPA or financial advisor.
To get started, simply fill out a form here, and a member of our team will reach out to you shortly. We can’t wait to learn more about you!
PS: Ethan, I might have 2-3 questions to add in the next couple of days. Once I have a form ready, I’ll send it over to you so that you can generate/embed in a webpage and link it to answer 9.