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Frequently Asked Questions
 

What makes FranCnsult unique?

We solve the puzzle of owning a franchise as an operator or as an investment. A franchise broker is any third party that assists the franchisor in the process of selling a franchise. All franchise consultants are franchise brokers, but few franchise brokers are consultants. As consultants, we provide a wide variety of services in nine (9) distinct service areas to the franchise industry. We have one service where Franchisors pay us to pre-qualify suitable candidates for their franchises. This provides us access and exposure to a large number of emerging as well as mature opportunities. At FranCnsult, our focus is the “right fit” for the owner operator as well as franchises that lend themselves to passive/active ownership where you work on the business not in it. Our goal is superior ROI’s, quantified risk, and capital appreciation. We will work closely with you lending our expertise and experience to avoid the many potential pitfalls or potential mis-steps throughout this journey.

We can assist you as requested to:

  • Assess individual franchise opportunities
  • Gather information
  • Investigate and Analize
  • Negotiate terms and territory
  • Find management
  • Train you and your staff
  • Manage Pre-Opening, Personnel, Franchisor Relations, Customers
  • Operate systems, procedures, controls, purchasing
  • Evaluate multi-unit ownership, Selling the Business, Legacy matters

Why use FranCnsult and not go directly to the Franchisers?

Quite simply, to make an informed buy decision, to save time, money, and potential lots of potential aggravation. We provide all the information a potential business owner needs to find the opportunity that fits their goals, plus we already know many of the safest, strongest and most lucrative passive/active opportunities in business today, a task that can take months for someone outside the industry.

How much does it cost to use the services of FranCnsult?

The client doesn't pay for the services that we offer. You will pay the published price for any franchise just as if you had gone directly to the franchiser. The franchiser absorbs our marketing costs. Our coaching service is free. Your franchise fees or business purchase price will not be greater if you choose to use our service. The franchisers respect the processes we follow and recognize the quality and fit of clients we refer to them after our consultations are complete. FranCnsult is uniquely able to provide a win-win scenario for the investor and the franchiser.

How will FranCnsult find the best franchise for me?

Our goal is to find an 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 is your targeted ROI and risk tolerance?
  • Have you ever owned a business of your own?
  • What is your background?
  • Where do you want your business to be located?
  • How do you feel about managing people?
  • How much capital do you have to invest?
  • Will you have partners?
  • Do you want to build multiple units or territories?
  • How soon do you want to put your assets to work?
  • Will you be involved, how many hours per week/month?
  • Do your prefer" bricks and mortar" type franchises?

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 opportunities. We can also usually match our clients with a few opportunities that have characteristics consistent with the ones they're looking for in order to save time and effort in the process. Sorting through the over 3,500 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 a business to do for them. We can help! We've done a lot of the homework for you. We have pre-screened hundreds of companies from all areas of business. They must meet the exacting standards we have set to be included in our inventory. We do all of this so we can offer the franchise opportunity that will be the "Best Fit" for you.

Why should I buy franchises?

ROI and asset appreciation.  Franchising also offers individuals the opportunity to be in business for themselves, but not by themselves. You are buying into a proven system. The Franchiser 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 and your day to day general manager is 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.