Frequently Asked Questions
We listen to you!
Why use Own Franchises.com and not go directly to the Franchisors?
Quite simply to save time, money and potential aggravation! Our service is free. Your franchise fees or business purchase price will no be greater if you choose to use our service. We provide all the information a potential business owner needs to find the opportunity that fits their goals, plus we already know may of the safest, strongest and most lucrative opportunities in business today, a task that can tae months for someone outside the industry.
How much does it cost to use the services of Own Franchises.com?
The consumer does not pay for the services we offer. You will pay the publised price for any frachise jsut as if you had gone directly to the franchiso. The Franchisor absobs our marketing costs. The Frachisors respect the processes we follow and recognize the quality and fit of clients we refer to them after our consultations are complete. As an experienced Franchise Consultant and Advisors we are uniquely able to provide a win-wn scenario for the investor and the Franchisor.
How will Own Franchises.com find the best franchise for me?
Our goal is to find an opportunity that will meet the specific needs of each individial we work with. To do this effectively, we first havbe 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 your business to be located?
- How do you feel about managing people?
- How much capital do you have to start a new business?
- Will you have partners?
- Do you want to have multiple locations over time?
- How soon do you want to open your new business?
- Do you plan to be fully involved in the new business?
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 personaized profile ad model for you to use in evaluating opportunities. We can also usually match ou clients with a few opportunities that have characteristics consisten with the ones they're looking for in order to save time and effort in the process.
Sorting through thousands of franchise opportunities can be a long, confusing, and overwhelming process on your own. Many people spend months without ever finding an opportunity that has what they really want in a business. We can help!
We've done a lot of homewok 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 this so we can offer the franchise opportunity that will be the "perfect fit" for you.
Why should I 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, the Franchisor provides 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 the franchise system's proven method of doing business.
How soon can I get my business started?
This depends almost completely on you. The franchise consultation process can be completed easily within several days if you are responsive and motivated. After your begin investigating opportunities, most clients can find a great match for them within 1 to 3 months. After your select the right business for you, it will typically take anywhere from 2 weeks to 6 months for your actual business to open for operation.
Do I need specific industry experience to successfully own a business?
No, in fact most companies are looking for people with no experience in their industry. This is because they want their business operator 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 efficietly as possible. The franchisee role is typically one of managemen rather than labor.