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| Who Should Franchise? |
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As the President of the FranConsultant Group, and previously an individual seeking answers from those confusing and overwhelming franchise offerings, I decided after spending considerable time conducting my own intense research on various franchise and business opportunities, along with spending considerable funds visiting each Franchise headquarters, there had to be a better, more time efficient method of reaching an educated decision; especially on something that would have such a profound effect on the future of myself and my family.
Discovering my experience was far from unique and realizing many others could also benefit from free "Franchise Consulting" services; I decided, with my extensive Sales, Marketing, and Business Management background, along with my personal hands-on education of the franchise industry, why not put all of my research to good use by providing a reference of industry statistics, helpful tips and relevant industry information thereby offering a better insight into the world of franchising. In my investigations, I discovered the key to operating a successful franchise depended greatly on the harmony between the franchisor and the franchisee. Each one having their own agenda; the characteristics of the franchisee, essential in meeting the specific requirements of the franchisor; the franchisor, ultimately possessing the necessary traits sought by the franchisee. If this delicate balance failed to come together the chances of success would be greatly at risk. Therefore, this key element became the foundation for our in-depth consultation services.
After intensive investigation by our research staff, on numerous franchise offerings, we have carefully narrowed down our portfolio to those select companies we feel met our calculated standards. We begin by classifying the types of franchise categories that are in existence today by characterizing their internal structure. We accomplish this by evaluating their Training Programs, Opening and on-going support, Marketing Programs, Purchasing Power, Franchisor/Franchisee relations, Investment ratios, Earnings history, and other relevant areas we feel directly relate to the success of a franchisee. Equipped with this information, our qualified counselors can feel confident in providing our customers with an objective overview on each franchise offering.
Gary L. Lynch
President, FranConsultant LLC
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STEP 1:
COLLECT INFORMATION
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STEP 2:
PERSONAL CONSULTATION
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STEP 3:
FRANCHISE SELECTION
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