Franchise Maven Feb 24 Newsletter
Gregory K Mohr
I help ambitious entrepreneurs and investors find a thriving franchise fit or flip their current business into one.
Hello, friends and franchise mavens.
As always please let me know what you would like to read about in my newsletter!
Investors Corner
I just started with a new consulting group which means more opportunities I have to share with you.
See the complete list here:
New Development Franchise
One of our leading cost reduction franchises is announcing a new Development Franchise option for Candidates. While we know that not everyone wants to hire people and develop various territories, we also know there are some people that would like to build a big business. We have developed this option for those people. The Franchisee will be able to develop up to 10 territories simultaneously with this model.
Development Franchise – General Offering
1)???Franchise Fee - $250,000
2)???Approval to hire/subcontract in any area of the US and Canada up to 10 cities.
3)???Approval to prospect/market directly in any area of the US and Canada up to the same
?????10 cities.
4)???Royalty Holiday for first 12 months.
5)???Royalty reduced to 7% on annual collections above $2,500,000 each year.
6)???Royalty reduced to 6% on annual collections above $5,000,000 each year.
Liquid Capital Requirement - $500,000 minimum
Net Worth Requirement - $1,000,000 minimum
Must Have – Executive, Management, Sales, Marketing, or Consulting background.
Would you like more information???
领英推荐
Franchise and Business Opportunities
Interested in becoming a loan broker? Loan broker training program. Once completed, students can provide funding to A, B, C, and D credit businesses and real estate investors, while earning up to 15% commissions!
Sign up for one of the webinars for more information:
Real Freedom?
Why Franchises Are Worth Considering and How They Can Be Used To Build Wealth
Chapter 8:
Next Steps After Investing
So you just invested in a franchise, gone through the entire process with me and we found a franchise for you. You're loving it, you signed the agreements, paid the franchise fee, what's next?
Brian was a sales manager when he found me. He liked his team and his clients, and he was putting his marketing degree to good use. In life, he loved fitness, being outside, spending time with his kids, and working around the house. While his personal life was beautiful, at work, he was starting to feel some boredom. He realized that he needed something more challenging. Then he was going nuts continuing to do the same thing over and over again with no satisfaction.
Work takes the majority of our lives. Brian was an active man who needed to new challenges to keep him going. His first look into franchising was to connect with me.?That’s a great start! As we communicated, it was clear that he had already dismissed some industries that he assumed couldn’t possibly utilize his skillset. Something that caught my attention was the joy I could feel when he mentioned how much he enjoyed working around his own house. With that insight, I took him in a new direction.
Once we started looking at home improvement franchises he really started perking up.?He did not know anything about the industry so we went over it in detail.?After he spoke with a couple of franchises and then the franchisees, he knew it was the path he wanted to take.
We lined him up with a home equity line of credit. He invested in the franchises and started getting contracts as soon as his training was completed (which is Step 1). And this brings me what happens after investing:
1.?Training
2.?Coaching
3.?Grand Opening
4.?Franchise Meetings
To be continued next week ...