Aussie’s Post

If you're looking for a potential franchise, one thing that you need to start off with in the very beginning is thinking about how you are going to fund the project. A lot of times when candidates are exploring franchises, they tend to do this step too late, and it really messes up or delays the potential franchise candidate discovery process. Just like when you go to buy a house, you have to get a pre-approval from the bank to see how much house you can afford before most licensed realtors are willing to show you homes. They don't want to waste their time driving you all around town looking at $700k homes if you can only be approved for $500k homes by your lender. The same goes with seeking financing for your potential franchise business venture. That said, you're going to want to talk to lenders early on in the franchise discovery process to see what your financing vehicles and options are. Getting your financial foundation in place early will set you up for a smoother journey into franchise ownership. Let's make it a priority! #FranchiseFunding #BusinessLoans #FranchiseTips #FundingSuccess

A highlighted review of one of the worst FDDs I've ever read or reviewed. It contradicts much of what you'll read in articles concerning growth and responsible franchising. For me, this is a perfect example of #irresponsiblefranchising: throwing as much at the wall as possible so it all sticks. Once again, responsible franchising begins with the franchise agreement, FDD, and far more than four tenets, as some would have you believe. 2025 update Now Posted: Highlights: Initial Franchise Fee – $39,900 raised to $54,900. (Responsible franchising?) Technology fee raised from 356.00 per month to $600.00 per month (Was previously indicated not to exceed $500.00 per month) National Account Program Per Charge Fee went from 3% to 5% Investment range went from $144,795 – $197,740 to $182.650 – $291,100 Initially, there were no kickbacks from suppliers; thus far, they are collecting $16,113,74. Local Advertising from $2,000 to $2.500 per truck. Yet those listed in Item 3 and their franchise frontman and salesperson, Aaron Harper, are the first to speak of "responsible franchising" while charging outrageous fees through their one-sided and entirely imbalanced agreements. They're also first to tell us how the FTC will ruin the "franchise model," which isn't theirs; it's America's Franchise Model. It is nothing less than a shameful and disgraceful way to remain in the background while having their vested interests in self-promotion and narcissistic behaviors while ranking members or supporting members of the #IFA lobby.

It was not until the 1960s and 1970s that people began to take a close look at the attractiveness of franchising. The concept intrigued people with entrepreneurial spirit. However, there were serious pitfalls for investors, which almost ended the practice before it became truly popular.  What is the Franchise Registry? The Franchise Registry is relied upon by its more than 9,000 lenders and more than 3500 franchisor members to be the conduit for vital documentation, verification and performance data and scoring needed to fulfil thousands of franchise loans every year. The Franchise Registry serves an important role in the franchise financing process. The site provides education, clarity, and a centralised place where lenders can find reliable information and documentation on a brand they are underwriting or seeking to build relationships with. Franchise Financing Services Offered on the Franchise Registry: Franchise Registry Membership: Updating your page within the secured part of the site to reflect your preferences when it comes to the latest SBA franchise SOP changes Reviewing your latest FDD to make sure it is still in compliance Helping you stay up to date with the latest SBA changes and how it affects what you need to provide to lenders Lender communications assistance Visibility to a constantly expanding list of individual lenders (currently more than 9,000) regularly seeking franchise information Updates on lender activity when it comes to your brand Consultation on your financing programs and lender perception (Part 3) #vrushaliambalgikar

How did The Money Collectors Franchise come to be? When we started Money Collectors Limited, we were looking for three niches to focus on. The first two turned out to be Professional Service Companies and Building and Construction and the third, the world of Franchising. We were introduced to the British Franchise Association (BFA) by Nick Williams of Ashtons Franchise Consulting and became a preferred supplier shortly afterwards for debt collection and related services. We exhibited at the BFA Conference in November 2022. Between then and June 2023, after exhibiting successfully as a supplier at Olympia, we had started working with several large Franchisors to offer them our specialist services. After the event, we received four enquiries regarding the possibility of buying a franchise. A franchise which did not exist! This set me thinking, why there had never been a franchised debt collection company? After all, a classic franchise has an automated system of procedures and processes. Together with a training school, this makes up a complete package! Having asked many friends and colleagues, it transpired that I have a unique hybrid set of skills that make me the right enabler for The Money Collectors Franchise. I trained in accountancy and economics, retail management and administration, added to 38 years in credit management and debt collection and having trained over 1500 staff in advanced collection techniques. How can I help you to replicate my own successful debt collection agency? ➡️ Click here to find out more about our Money Collectors Franchise opportunity: https://lnkd.in/efXzyM5N #Franchise #Franchisor #Debtcollectionagency #Moneycollectors #MoneyCollectorsFranchise #Franchising #Business #DebtCollection #Finance #FranchiseOpportunity

Check out my latest article in Elite Franchise Magazine! How much 💰 do I need to invest in a franchise? ✅ Thank you Elite Franchise! #educate #empower #explore Your Franchise Fast Pass

Franchising isn’t just for millionaires Franchising is an excellent opportunity to find career freedom and become an entrepreneur.  But for many, the road to franchise ownership starts and ends with one question: “Can I even afford a franchise?" Liz Leonard, a professional franchise advisor, is debunking the myth that you need millions in the bank to become a franchisee. 📚Read the full article here: https://lnkd.in/d-M-a9ZP #franchising #entrepreneur #businessnews #franchise

CONSUMER PROTECTION DISCLOSURE = IT’s ALL DISCLOSED. These are SOME of the top questions the franchise disclosure document answers. But you must dig deeper. You must ask more questions, you must validate the information you get from the franchise with as many franchisees as you can. I will guide you. Here are some of the questions that the FDD answers. How much money can I make? How much money do I have to invest? What are my required monthly fees, royalties, etc? How many franchisees does the franchisor have? New, terminated, transferred, sold? What’s my territory? Is it protected? Exclusive? Who are the owners of the franchisor, affiliates and partners? Who are the leaders/ executives of the franchisor? What is the franchisor obligated to do for me? Training, technology, marketing? What are my onigations as a franchisee? What’s the financial strength of the franchisor? What does the franchisor spend royalties on? How many revenue streams does the franchisor have? What are the names and phone numbers, and email addresses of the current and recently exited franchisees? It’s all in the Franchise Disclosure Documents… But how does one properly investigate a franchise opportunity? I’m an independent Franchise Analyst and a Franchise Consultant. I use my 14 years behind the scenes from inside franchising to help match clients with the right franchise. I save people time and money. My franchise consultation services are of no cost to my clients. You have no obligation to buy. I’d love to connect with you. Feel free to click this link and pick a day and time for us to have a call. https://lnkd.in/dxda4Dy To PROPERLY investigate & do the due-diligence on a franchise business opportunity It takes 20-25 hours over 3-6 weeks of phone calls & research. Step by Step I'm here to guide you. No cost to you. #AskAnderson #FranchiseAnalyst #franchiseopportunities #FranchiseSecrets #hireyourself #fireyourboss #franchise #FranchiseOpportunity #careertransition #BeYourOwnBoss #BusinessOwnership #franchisee #Franchising find the #PerfectFranchise for you!! #SBAFunding

There are many advantages to #franchising with #DRYmedicRestoration. My favorite thing though, is our commitment to our customers. Customers are the priority, they are not just a number. Please reach out to learn more. #customerfirst #franchiseopportunity #restoration

How did The Money Collectors Franchise come to be? When we started Money Collectors, we were looking for three niches to focus on. The first two turned out to be Professional Service Companies and Building and Construction and the third, the world of Franchising. We were introduced to the British Franchise Association (BFA) by Nick Williams of Ashtons Franchise Consulting and became a preferred supplier shortly afterwards for debt collection and related services. We exhibited at the BFA Conference in November 2022. Between then and June 2023, after exhibiting successfully as a supplier at Olympia, we had started working with several large Franchisors to offer them our specialist services. After the event, we received four enquiries regarding the possibility of buying a franchise. A franchise which did not exist! This set me thinking, why there had never been a franchised debt collection company? After all, a classic franchise has an automated system of procedures and processes. Together with a training school, this makes up a complete package! Having asked many friends and colleagues, it transpired that I have a unique hybrid set of skills that make me the right enabler for The Money Collectors Franchise. I trained in accountancy and economics, retail management and administration, added to 38 years in credit management and debt collection and having trained over 1500 staff in advanced collection techniques. How can I (Mike Segall) help you to replicate my own successful debt collection agency? ➡️ Click here to find out more about our Money Collectors Franchise opportunity: https://lnkd.in/efXzyM5N #Franchise #Franchisor #Debtcollectionagency #Moneycollectors #MoneyCollectorsFranchise #Franchising #Business #DebtCollection #Finance #FranchiseOpportunity

Part of the Franchise Myth Buster series in the Franchise Journal by Joe W. Fox, MBA, Senior Franchise Consultant – The Franchise Consulting Company. Embarking on the journey of owning a franchise business is an exhilarating prospect, but the path to securing financing can be shrouded in misconceptions. Let's debunk seven common myths surrounding the process of getting financing for a franchise business. 1. Myth: Franchise Financing is Limited to Banks - Contrary to popular belief, franchise financing is not confined to traditional banks. While banks are a common source, alternative lenders, Small Business Administration (SBA) loans, and specialized franchise financing companies also offer viable options. Exploring a range of lenders can help aspiring franchisees find the most suitable financing arrangement for their specific needs. 2. Myth: A Perfect Credit Score is Non-Negotiable - It's a common myth that only those with a perfect credit score can secure franchise financing. While a good credit score certainly helps, many lenders understand that aspiring entrepreneurs may not have flawless credit. Some lenders are willing to work with individuals who demonstrate a strong business plan, experience, and a commitment to the success of their franchise. 3. Myth: Franchise Financing is an All-or-Nothing Game - The belief that franchisees must secure the entire investment amount upfront is a misconception. In reality, many franchisors and lenders offer flexible financing options. Franchisees may have the opportunity to fund a portion of the initial investment, making the financial burden more manageable and allowing for a phased approach to business growth. Read more at https://lnkd.in/gv99sg5S Have questions about franchise ownership OR franchising your existing business? Please feel free to reach out to me at JoeFox@TheFranchiseConsultingCompany.com or (713) 936-4929. I am a Senior Franchise Consultant with over 30 years of business experience. My services are free and I'm here to help. #StartABusiness #FranchiseExpo #Franchising #FranchisingForVeterans #FranchiseYourBusiness #BuyAFranchise #JoeFoxFranchise #FranchiseConsultant #AreaDevelopment #FranchiseFinancing