small franchise
 

The FranUnite Small Franchise Business Opportunity Service Process

small franchise business opportunity service processFranUnite Small Franchise Opportunity Service puts structure to your franchise selection process. Each step is designed to ensure that you ultimately choose the very best small franchise business available to meet your requirements, and that you do so in the least amount of time. The process gives you lots of go/no go decision points and keeps you in control, moving efficiently and confidently to your end objective of owning a highly successful franchise business.

Step 1. Test Your Small Franchise Business Aptitude

The very first step in our process is for you to determine if small franchise business ownership is really right for you.  Do you have the right aptitude to be a successful small franchise business owner?  We do not want you to waste your time and money unless you have a good likelihood of success.  Request Your FREE Franchise Aptitude Test NOW

Step 2. Contact Us

Our small franchise consulting services are provided at no cost or obligation to you! There is no harm or risk in learning about what best franchise opportunities are available to you by completing a Request for Information.  Once that has been submitted, one of our Franchise Consultants will contact you to verify your information. During this initial conversation the franchise categories that interest you the most will be discussed.

Step 3. Consultation with a FranUnite Consultant

During this stage we gather the necessary information to determine what your capabilities are and which small franchise business models will be a good match for you.

Our first objective is to understand who you are (i.e., what are your skills that can be applied to the small franchise business; what type of lifestyle do you desire to maintain while managing your small franchise business; and what are your overall objectives?).

The ultimate goal of every reputable franchisor is not to "sell" a franchise to just anyone willing and able to buy their brand, but to "award" a franchise to candidates who are highly qualified and will thrive in the operation of their small franchise business mode. Your success is their success!

Step 4. Small Franchise Opportunities Evaluation

We will introduce you to the relevant best franchise opportunities. You will gain valuable knowledge on each of these great business models. Expect to hear about some exciting, name brand small franchises in the categories in which you expressed interest.

Keep an open mind. Evaluate all of the business models. Compare and contrast them, being careful not to discount a small franchise opportunity until you have all the information. Often the first glance at a business does not paint the whole picture. Learning the numbers and examining the operation of a small franchise business is likely to reveal some impressive potential that you may overlook at first glance.

Step 5. Franchise Discovery Document (FDD) Review

Once you have received an FDD from a Franchisor, you will need to thoroughly examine the contents and seek answers to any questions that you may have. The Franchisor will readily assist you in finding the answers.

The FDD will also contain a list of Franchisees with their contact information. We highly recommend that you speak with several of these Franchisees in order to gain an understanding of what it is like to operate a small franchise business in their system.

Step 6. Call Small Franchise Owners

It is essential to ask the right questions of the existing and past small franchise owners. We will supply you with a list of questions to assist in this process.

This is a great opportunity to learn valuable information from those with the experience, to validate the small franchise opportunity, and to get an idea about the profit potential of that franchise business.

Step 7. Consultation with Attorney and Accountant

We cannot over-emphasize the importance of consulting with a competent attorney and/or accountant before purchasing any small franchise business.

It is very important that both professionals have a background in franchising, and have the experience to insure that you are covered in every way possible to benefit and protect your position. If needed, we can recommend highly qualified professionals to serve these functions for you.

Step 8. Attend a Franchise Business Discovery Day

Most Franchisors have a Franchise Business Discovery Day where they invite prospective small franchise owners to visit a specific franchise location to see how the small franchise business is run. You will not only get crucial information to assist in making your decision; you also will meet the staff that will be supporting you in the operation of your small franchise business.

Step 9. Decision Time

Once you have gone through all the previous steps, it is time for you to make a decision. Should you choose to complete the transaction of buying a small franchise, you can be confident that you have taken the necessary steps to insure that you have a solid foundation for making that decision.

A positive decision is one of the most important that you can make, placing you squarely in control of your own life and your own business.

Simply by completing a Request  for Information, we will be happy to help you get this process underway immediately.

To speak to a franchise consultant about any  small franchise business, simply complete the form below.  There is no cost or obligation.

Information Request
Please complete the form below to request more information on any small franchise business

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