So you’ve got thoughts swimming in your head about owning your own business? Congratulations on thinking of a franchise as a means of reaching that goal. A franchise is a sound investment with a clear and proven path to success.
What describes you?
People embark in franchises at many stages in life:
Perhaps it’s a young budding entrepreneur ready to blaze her own trail and skip the traditional path. Her age doesn’t matter as much as her drive and ambition. She is prepared to do whatever it takes to paint their picture of success, and a franchise is a perfect resource to point the way for her.
A young professional has a burning desire to leave his corporate career and try their hand at a new empire. He does have obligations, though, so he remains timid about walking away too abruptly, so he starts a semi-absentee franchise that requires a small amount of effort while he continues with his day job at the moment. If all goes well, he can expand his business and even become a consultant to other franchisees one day.
A veteran returns home from deployment, trying to figure out his next step in life. After spending a few years overseas, he has managed to save much of his earnings over the years. The sky is the limit for this veteran, and he heard about a program that helps vets get into franchises, but what is out there?
A displaced worker or mother is returning to the workforce – ready for a career change since she has to start over anyway. She is driven to create a life that she won’t ever be left behind or in the cold again. A franchise opportunity may be a perfect new direction for her.
A retiree is concerned that their retirement income will leave him limited in his golden years. He wants to build his nest egg a little more or have some extra to buy himself the freedom to enjoy some fun during retirement. A semi-absentee franchise is just the ticket to provide him extra income with a minimum amount of work.
Whatever the story, there is an opportunity to complement the desire. The most encouraging detail about franchise opportunities is that no experience is necessary. Part of making their franchisees successful for a franchisor is to train the franchisee in every aspect of the business, from general operations of the front-line employees to the accounting in the back office. It is in their best interest and critical focus to make success a reality for you and your business. Hundred Acre Consulting is a franchise business consultant and is a part of that equation to you, compliments of the franchisor companies.
A professional franchise consultant can offer candidates a wealth of general and inside information about the franchise industry as well as about specific franchise industries and opportunities. The franchise consultant saves clients time by assisting with much of the initial legwork required in identifying rock-solid opportunities that meet your criteria and are available in your desired market.
Start with a dream
What does your new career look like? Do you have a particular business in mind or just a lifestyle? A franchise consultant will start with an initial interview to gain insight into your experiences, strengths, goals, investment range, target market, and more. The franchise consultant next identifies the ideal franchises for you to consider and assists with researching these opportunities to help you narrow down your list that will fulfill each of your goals. Whether you wish to work more and enjoy the fruits of your labor or work as little as 7 hours a week with a semi-absentee franchise and enjoy a residual income your franchise consultant knows. It starts with defining your dream, and your franchise consultant helps you fill in the blanks.
Now, the next step is to explore those identified and available opportunities. There are so many choices, but where to start? That’s where a franchise business consultant comes in. Consider them your information resource, tour guide, and concierge all in one when it comes to investing in a franchise.
When you are ready to take a serious look at a franchise, your franchise consultant will facilitate the introduction and remain by your side through the entire process, even if it takes a few introductions before you make your selection of the perfect business to purchase.
Your Franchise Consultant next helps you navigate through the process of obtaining funding. Companies have varied requirements when it comes to the down payment and liquid assets, and your franchise consultant has those answers for you. You franchise consultant knows all of the special interest finance programs such as those designated to helping Veterans enjoy business ownership or the Small Business Association. They will help you with paperwork and guide you to the additional documentation required to purchase your business. A franchise consultant can often assist you with negotiations, saving you thousands of dollars on initial fees.
Visa? They got that too!
A franchise consultant’s help extends farther than you ever imagined. For instance, if you wish to immigrate to the United States and invest in the U.S. economy, your franchise consultant knows all you need to do and guide the way to take advantage of this E2 or EB5 investment visa programs.
Your franchise consultant is with you every step of the way from initial exploration to hanging the sign and calling it all yours. If you have a question or need a resource, they have the answers you seek.
Why do I need a franchise business consultant?
Franchise consultants are not a requirement when it comes to exploring franchise opportunities. It would be foolish, however, not to take advantage of such a gift. We say gift because franchise consultants like Hundred Acre Consulting are paid by the franchising companies as a resource to aspiring franchisees for the many steps necessary, from selecting your perfect business, through the lawyers and financing, right up to the point of ownership. If you’ve never purchased a company before, you want a franchise consultant at your side, making sure nothing is missed or overlooked. Hundred Acre Consulting is honored to work with each franchisee and gets their satisfaction in being part of a successful process.