Be Your Own Boss Newsletter May 2024

A MESSAGE FROM JIM

Not all franchises are created equal. But whether you are a first-time business owner or an experienced business owner wanting to diversify, I can assist you in navigating the different franchise business models:

Owner/Operator: Being an owner/operator is ideal if you are looking for an immediate career change. With this type of model, you are responsible for the day-to-day operations of the business. This is a good choice if you want to maintain total control over your investment and become immersed in the chosen business. Owner/Operators make all operating decisions, resulting in a greater time commitment overall. Startup period may result in no personal income being generated.

Executive:?An executive franchise is primarily business to business in nature. Depending on the business model this will mean that your role as a franchisee will see you interacting with senior business decision makers, to sign them up for your services. The franchisor will equip you with the training and tools to market and sell successfully. An executive franchise itself can cover many different industry sectors such as consultancy, coaching, financial services, legal services, recruitment, IT and more.

Absentee:?This business model is suited for you if you are looking solely for an investment opportunity. The time commitment is minimal as you hire out all functions to operate the unit. You would have little to no involvement in the day-to-day operation. No industry knowledge is needed, as you hire qualified management to run the business.

Semi-Absentee: This model blends aspects of both owner/operator and executive/absentee model. This model is ideal if you are looking for an additional income to diversify your current income and build equity while keeping your day job. The time commitment is low, requiring only around 10-15 hours per week, meaning you can keep your day job and the security that comes with a steady income. You hire managing staff for the day-to-day operations, and you focus on leading the business strategy and managing the managers.

?Email [email protected] or schedule a call https://calendly.com/jdfranconsult .

Franchise of the Month – SENIOR CARE

Our Franchise of the Month provides warm, compassionate and professional care for seniors and others when they need it most. They are local experts in senior care, providing a resource for aging and senior living delivered through locally owned and operated offices around the country. Services include non-medical in-home care, assisted living finder and referral services and skilled home health care delivered through a nationwide network of over 200 franchised territories with an additional 12 Master/Area Representatives.

Founded in 1996, they began awarding franchises in 2007, and are now one of the leading senior care franchise systems in the United States. What’s unique about this model is that three distinct revenue streams come from the same referral source. Clients are usually referred by health care professionals such as physicians, hospitals, skilled nursing facilities, insurance companies, and other businesses marketing to seniors.

They understand the demands and responsibilities of caregiving, and one of their goals is and always has been to help relieve family members of caregiving responsibilities, especially those who have children of their own. The demand for senior care has never been greater, and that demand is only growing. More than 10,000 people turn 65 every day in the U.S. The aging baby boomer population means that senior care will become increasingly important in the coming years and decades.

Clients often ask me, “Which franchise offers the best Return on Investment (ROI)?”. ?My response always includes Senior Care franchises.? With a total initial investment less then $100,000 senior care franchises can grow rather quickly to an annual revenue over $3 million.

To learn more about the opportunity email Jim Davis at [email protected] or schedule a call using the following link: https://calendly.com/jdfranconsult

Franchises We Represent

The following are examples of more than eight hundred franchises that we represent as a FranServe Affiliate. Investment required varies from about $10,000 to $1,000,000+ and you can see them here: https://jimdavisassociates.com/fransearch.asp.

This Gourmet Cafe’s mission is to make healthy eating accessible and exciting, simple to understand and appreciate, and easy to enjoy.? We offer a unique menu consisting of gourmet toast, cold-pressed juice, smoothies, smoothie bowls, hot drip and nitro cold brew coffee, and espresso, — all made using only fresh, seasonal, and responsibly sourced products in a feel-good atmosphere.

This Cost Reduction brand is a professional B2B Consulting Franchise. We deliver objective advice and analysis to reduce telecommunications, merchant services, waste, small package shipping, E-signature, Electronic Logging Device fees, utilities, and fuel. We review our client’s business expenses including telecommunications, merchant services, shipping, waste, eSignature, electronic logging devices, utilities, and fuel and identify areas where those costs might be reduced.?

This Restoration brand is one of the hottest NEW concepts in franchising, and we are a highly differentiated concept in the restoration industry.? What we do is not "traditional" property restoration. We do Contents Restoration and are actually referred work from all those restoration contractors out there. Contents restoration is covered by insurance.

This Floor Covering brand has a unique business model that brings the showroom directly to a customer’s home, which appeals to customers with busy lifestyles. Our customers meet with a design representative in the safety and comfort of their own home. It’s convenient and it’s easier for them to envision their new flooring when they experience our extensive array of design options, styles, and colors in their home environment.

This Pet Care brand is a modern, premier dog daycare and boarding Franchise, providing playful care to Franchisees customer’s furry best friends. Our care Centers provide a clean, fun, friendly and playtime atmosphere for our customer’s dogs. Our mission goes beyond just providing a place for dogs to be the healthiest and happiest they can be.

This Healthcare brand is the leading physician supervised weight loss brand in the US, with over 120 sold locations and 103 open locations in 27 states and surpassing 8.6 million pounds lost. Our comprehensive program blends one-on-one support and education with cutting-edge technology and a clinically proven protocol to produce real weight loss results.

This Kid’s Haircare brand is all about Passive ownership. We have been able to combine a passive ownership franchise with a model that is 100% recession proof for today and years to come. Kids always need haircuts, and you cannot get that on Amazon.? We know that kids ages 0-14 and parents want something different from their haircut experience. So, we provide it all: a superior haircut with warm, experienced stylists in a meticulously clean place filled with fun!

This Automotive brand has grown to become an award-winning provider of automotive, residential, commercial, and marine window tinting and security film services. With Automotive Styling Centers? in the U.S. and abroad, each franchise location houses approximately 20 profit centers, ranging from in-store accessory installations to off-site sales and installation of residential, commercial, and marine window tinting and security films.

JD&A Franchise Consulting

JD&A Franchise Consulting is a franchise consulting and brokerage firm affiliated with FranServe, the world’s largest franchise consulting & expansion organization. I will personally conduct an initial interview to gain insight into your previous experiences, goals, strengths, weaknesses, investment range, target market and more. We will work together to select ideal franchises for you at absolutely no cost to you. Our fees are paid by the franchises we represent, over 800 of the best.

Schedule a call https://calendly.com/jdfranconsult or Email [email protected]

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Be Your Own Boss Newsletter is Published by JD&A Franchise Consulting LLC

In Affiliation with FranServe