MIND YOUR BUSINESS, INC.
FREQUENTLY ASKED QUESTIONS
We are no longer acting as 'consultants', sorting through 450 franchises to find a suitable one. We are scrutinizing 450 franchises to identify a few that we can recommend. See the About page for more information.
Why do I need a consultant? Can't I deal directly with a franchisor?
If you are certain of what franchise you want, and know it is available in your territory, and know that you meet all the qualifications of the franchisor, you do not need a consultant. If you are in doubt about any of these issues, or aren't sure of what other opportunities might be even better, you can use our services. We know many of the safest, strongest and most lucrative opportunities in business today. It would take months for someone outside the industry to collect this information.
How much does it cost to use the services of franchise consultant?
The franchisee pays nothing for our services. The franchisors respect the processes we follow, and they appreciate the quality and fit of clients we refer to them. They pay us for our service in identifying and bringing them the right franchisees.
Why should I buy a franchise?
Franchising offers individuals the opportunity to be in business for themselves, but not by themselves. The franchisor provides training and 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 problems effectively. They often provide advertising and marketing support. The most significant benefit to franchising is the reduced level of risk that comes from a franchise system’s proven business model.
How soon can I get my business started?
This depends almost completely on you. Our consultation process can be completed within a few days. Most clients can find a match within one to three months. After you select the right business, it will typically take 2 weeks to 6 months to open for business, depending on such factors as whether construction is required.
Do I need specific industry experience to successfully own a franchise?
Usually not. Most franchisors prefer franchisees who are willing and ready to learn their model that is operating successfully, and not bring their own 'baggage'. Some franchises require skilled staff, and in those instances the franchisee typically performs as their manager rather than as one of the 'worker bees'.