BYOB Newsletter November 2020

QUOTE OF THE MONTH:

“I never went to college. But the structure I grew up with was planted so deep that when it came to doing business, I knew how to be disciplined, create teamwork, and persevere. It set me up to be an entrepreneur and a successful franchise.”

Anne F. Beiler, Auntie Anne's Pretzels

The Franchise Disclosure Document (FDD)

The purpose of the Franchise Disclosure Document (FDD) is to provide prospective franchisees with information on the franchisor, the franchise system, and the agreements they will need to sign so that they can make an informed decision. In addition to the disclosure portion of the document, the FDD includes copies of the franchise agreement and other agreements the franchisee will be required to sign, together with the franchisor's financial statements.

What appears in the FDD? In a nutshell, it includes information on the franchisor, the company's key staff, management's experience in franchise management, the franchisor's bankruptcy and litigation history, and the initial and ongoing fees involved in opening and running a franchise. Also included is information on the required investment, purchases you will be required to make from the franchisor or from approved suppliers, and territory rights you will be granted. You also find information about your legal responsibilities as a franchisee and the responsibility of the franchisor to you. In addition, the FDD presents information about the company-owned locations and on the franchisees in the system, including the number of franchises opened, the number closed and transferred and a list of existing and former franchisees with their contact information.

The cover pages contain interesting information that every prospective franchisee should read and understand. It states that the Federal Trade Commission hasn't checked the document and doesn't know whether it's correct. It reminds them to read the entire document. It encourages them to take their time in making their franchise decision. It suggests that the FDD and the franchise agreement be reviewed by an advisor, such as a lawyer or accountant. It asks that the FTC be notified if anything seems wrong with the document, and finally it recommends that you review the franchising laws in your particular state.

Small Business Administration (SBA)

Most franchises are registered with the Small Business Administration (SBA) and interest rates are at an all-time low. The SBA sets interest rate guidelines for lenders, which helps keep small-business owners’ borrowing costs low. Interest rates for SBA 7(a) loans are the daily prime rate, which changes based on actions taken by the Federal Reserve, plus a lender spread. The spread is negotiated between the borrower and the lender and can result in either fixed or variable interest rates. However, the SBA caps the maximum spread lenders can charge based on the size and maturity of the loan.

A lender providing an SBA loan may also calculate interest rates using the one-month London Interbank Offered Rate plus 3% or the SBA’s optional peg rate instead of the daily prime rate. Keeping up on the Small Business Administration’s terms and rates is part of a smart approach to finding a small-business loan. The 7(a) loan is the SBA’s most popular product and offers a flexible sum of cash for a variety of uses, including managing daily operations, purchasing new products and refinancing high-interest loans. Business borrowers also find low-cost financing for land and other major purchases with SBA 504 loans.

E2-Visa

The E-2 visa enables investors from treaty countries who invest in a US Franchise company the opportunity to reside in the United States with their family. The E-2 Investor Visa allows an individual and their family to reside and work inside the United States based on the franchise business the investor owns and operates while resident in the United States.

There are numerous requirements for obtaining an E2 investor visa that must be demonstrated before the visa will be approved. Many of these criteria can be challenging to prove which is why many investors consider a franchise to be an ideal choice for obtaining an E2 visa.

Many of my clients inquire about the potential to utilize a franchise as a vehicle to obtain the E2 Visa. To understand the advantages of the franchise model for an E2 visa, you must first understand the factors a consular officer will examine when analyzing your application. To qualify for an E2 visa, a foreign national investor must demonstrate the following:

• The applicant must prove that he or she is a citizen of an E2 Treaty Country and prove that the funds invested in the franchise were in the possession of a national of a treaty country.
• The E2 visa does not require a minimum investment amount. Instead, the investment must be “substantial” in relation to the total cost of the business.
• The foreign national must have either already invested in the franchise or have taken steps towards investment.
• The applicant must present a five-year plan showing how the business will operate, earn a profit, grow, and contribute to the economy.
• The applicant must show that the investment is active and that he or she will directly participate in the operation of the commercial enterprise.

Top Performing Franchises for Your Consideration

Medical

PUR Life Medical is the ideal franchise to own for many reasons. First, healthcare is a growth industry. Representing one-fifth of the U.S. gross domestic product, the business of healthcare shows no signs of slowing down. An aging population, increasing chronic disease, and few real permanent solutions to health issues make market conditions perfect for a PüR LIFE franchise. PüR LIFE Medical is already leading the way as a disruptive innovator in the healthcare space.

QC Kinetix is a concierge medicine that offers tailored treatment plans for things like arthritis or injury. We treat damaged joints, muscles, tendons, ligaments, cartilage, and tissue, due to arthritis or injury. We use non-surgical injections to restore damaged tissue, decrease pain, and increase quality of life. This is designed to be a long-term fix and keep patients out of surgery, away from toxic steroid injections, and off addictive pain medications. Class IV deep tissue laser, Plasma, Platelet rich plasma, A2M, Placental Tissue, and Bone Marrow stem cells are used in these treatment plans. The plans are tailored to the patient’s specific needs. We do not bill any insurance as this is not covered by Medicare or any private payor. This is a concierge model that allows the patients to be involved in the latest and greatest treatment methods that only elite athletes once had access to. We now have access and have help many patients regain their quality of life.

Senior Care

Right at Home franchisees offer a wide range of home care support services to seniors and other adults to help them retain as much independence and dignity as possible as they age. Some franchisees also offer nursing services. Right at Home caregivers provide services in the client's home ranging from a few hours per week to round-the-clock care. Right at Home is an owner-operator model and cannot be run from home. The business requires one F/T employee in addition to the owner to begin operations.

With Right at Home, you leverage your previous life and work experience with our business model to create a business that makes life better for families in your own community. If you’ve outgrown your current career path and have a strong desire to build a business that helps others, we would love the opportunity to engage with you further.

Right at Home was the first nationwide brand to create a package of services, called RightTransitionsSM, to assist hospitals, as well as other providers, in the reduction of preventable hospital readmissions and associated costs.

Business to Business (B2B)

Signworld is a national organization with more than 330 independently owned sign companies, which provide commercial custom signage and graphics. It's personable, creative, rewarding and ideal for people-oriented individuals who have the desire to learn how to manage a sales and production business. Our Signworld affiliates are a cut above a traditional sign company. The ongoing support and training provided along with state-of-the-art equipment will leave the competition behind. But most importantly, with Signworld, you own your business entirely and there are no royalties. Signs can be sassy, smart, bold, subtle, creative or simply informative. They can also be profitable and fun. Our business model is for you to work with ongoing large customers with a repetitive need. Your core group of 30 customers or less will generate up to 80% of your annual income. Signworld has been a part of that profit and fun since 1988. With over 29 years in the business, Signworld has established itself as the leader in the sign business.

Home Improvement

Footprints Floors has excelled as a family-owned and operated, one-of-a-kind, versatile flooring business since 2008. Great floors and great impressions are what we are all about! Over the past decade we have managed crews that are masters the installation of vinyl, laminate, tile, stone, and specialize in the installation and restoration of hardwood. At Footprints Floors, we operate with a true sense of honesty and fairness and pride ourselves on providing outstanding customer service from the initial call to the final payment. We are a home-based opportunity with minimal overhead as we do not have any showrooms or samples. To make it even more straightforward, our corporate team makes the phone ring and then answers it!

Food Services

Yonutz is a very unique Gourmet Donut and Ice Cream Concept that combines the staples of Donuts and Ice Cream along with some amazing fantastical desserts (Please visit Instagram @Yonutz)! We are famous for our Yonutz SMASH? Donut. We recently partnered with Kevin Harrington (The Original Shark from Shark Tank) to franchise this concept all over the United States! We are currently offering single franchise opportunities and the opportunity to be an Area Developer for your very own territory. The opportunity to own this Award-Winning Dessert Concept won't last long! So, if you are looking for a franchise investment, this is a great opportunity to be a part of an amazing emerging brand. The Yonutz Franchise opportunities, especially the opportunity to own your exclusive territory won't last.

Child Development

Tutor Doctor offers unique online tutoring programs for children from kindergarten to college level, adult education and senior citizens curricula, incorporating an understanding of all learning types. Tutoring is done online, in person, or through our E-Learning System. Tutoring at home offers many advantages over the traditional learning centers out there, as tutors are working one on one with the student, focusing on their individual needs and challenges rather than a group setting in a learning center.

Passive Investment

Naturals2Go is a business program offering healthy snacks & drinks utilizing the latest technology in automated retail - (vending) with services and support unmatched in the industry. We are your one stop option to start and grow your business with a full line of vending machine options. We've spent over 30 years perfecting the operation of the vending machine business. We saw a very important trend emerging several years ago and are proud to be one of the leaders of the healthy vending business movement. Start your own business and enjoy the freedom of working by your own rules, on your own schedule. We will give you everything you need to get going, from world class vending training to a brand-in-a-box program that makes marketing a snap. We will even help you place vending machines in great locations to give you a quick start! Before you consider vending franchise ownership, look at our flexible business opportunity - you will be glad you did.

JD&A Franchise Consulting

JD&A Franchise Consulting is a franchise consulting firm located in Valparaiso, Florida. My firm has extensive knowledge and resources about the franchise industry allowing me to offer my clients an inside look at hundreds of different franchise opportunities. JD&A Franchise Consulting currently works with over 500 of today's top franchise opportunities from dozens of different industries. You can go here (FRANCHISE) to see and sort them.

A professional franchise consultant can offer candidates a wealth of general and inside information about the franchise industry as well as about specific franchise industries and opportunities. JD&A Franchise Consulting helps save my clients time by assisting you with much of the initial legwork required in identifying rock solid opportunities that meet your criteria and are available in your desired market.

The truth is our services are not free - they are just free to you, the franchise candidate and my Client. JD&A Franchise Consulting is paid by the franchises we represent to assist them in the development and growth of their business. In franchising fee negotiation is very rare. Most everyone pays the same franchise fee regardless of how they are introduced to the franchisor. In area development and master franchise deals I can often assist my clients with negotiations saving them thousands of dollars on initial fees.

My approach to this business is very simple and straight forward. I will personally conduct an initial interview to gain insight to your previous experiences, goals, strengths, weaknesses, investment range, target market and more. You and I will then work to select ideal franchises for you and assist you in researching the opportunity. When you are ready to take a serious look at a franchise, I will facilitate the introduction then support and advise you throughout the remainder of the process.

Call me to learn more: +1 (850) 240.0109 or Email [email protected]