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Frannet Franchise Consulting Franchise
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GETTING STARTED
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| We want to be
sure we understand you, your goals and your dreams. Our first step
is to talk together. Then we'll ask you to fill out our Questionnaire.
It's only a few pages, but it will give us more insight into you and
the kind of business that should be the right one for you. |
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We will study
your questionnaire and arrange a conversation, either by phone or
in person. We usually spend at least 1 - 2 hours with you to develop
a blueprint or "model" of the perfect business for you.
Later, you will use this model to evaluate businesses you choose to
learn more about. This model is uniquely yours so we want to make
sure you feel it's correct. When you are satisfied that you have identified
your model correctly, we will be ready to suggest business types that
structurally and strategically meet your model. Best of all, you will
be able to compare each business you look at to your model and will
have a level playing field against which to measure them. |
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| When
you've identified some business types that you think match your
model, we'll identify and suggest specific companies you may want
to be introduced to so you can start to learn about them in greater
detail. Over the years, we've screened 100's of Franchisors and
worked with 1000's of people just like yourself, so we have a pretty
good idea of the kinds of choices that you're probably looking for.
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This
may be the most important step of all. We can't do your research for
you, so it's your job to do the "heavy lifting" and conduct
a complete and thorough investigation of any business that you think
may be right for you. We'll even give you some sample questions and
research guides to help you get started with this all important step. |
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ADDITIONAL SERVICES
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| When
you are ready to buy, we can help you locate financing sources,
franchise attorneys and other resources you may find helpful
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WE KNOW FRANCHISING
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| We
know franchising and we will find the right franchise for you. Here
are a few practial do’s and don’t’s:
Here are
a few practical hints to help you select a franchise:
DO:
- Talk to and
visit as many franchisees as possible.
- Talk to and
visit the franchisor and get to know the history and experience
of the Officers and Managers.
- Consult any
and all advisors that you feel can be helpful to you, including
a franchise attorney.
- Ask any and
all questions you can. Nothing is too trivial to ask.
- Take your
time, and be very thorough in your investigation.
- Do comparative
analysis of other franchises in the same, and other, businesses.
- Evaluate
yourself as compared to other franchisees that you meet and talk
to. You make a difference!
- Make sure
you're comfortable with what you have to do.
- Read and
understand the sales literature, Uniform Franchise Offering Circular,
etc. Know all the terms of your agreement.
- Give yourself
plenty of room to maneuver financially. Plan for more expense
and slower profitability than you think you need.
- Avoid surprises.
Be thorough; be conservative; be informed.
- RESEARCH,
RESEARCH, RESEARCH. The more you know, the better your decision
is likely to be. Remember, only you can determine if any franchise
is the right one for you.
DON'T:
- Hurry. Short-cutting
your research can increase your likelihood of failure.
- Over-extend,
or be optimistic about your personal finances. Be realistic, and
if anything, conservative.
- Skip consulting
professionals. Saving on fees may deprive you of information critical
to making a good decision.
- Settle. Get
the business that you want, not the first one that comes along.
- Take anyone's
word. Find out for yourself. It's your money, your risk and your
opportunity. You know best what you need, so investigate first
hand.
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STOP DEBATING
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time to find your franchise is now! Stop debating about your
future and make it become reality today. Fill out the information
below to begin your first steps into a more rewarding way
of life.
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