Great Opportunities, Inc
Helping You Build an Empire One Step at a Time

Helping You Build an Empire One Step at a Time

Franchise FAQ's
Everywhere you look today, you see FRANCHISES! In fact, finacial experts have indicated that franchising is the "wave of the future". Franchising offers success with the least amount of risk to aspiring business owners. Franchises will enable hundreds of thousands of business owners realize the dream of successful business ownership and financial independence. Franchising added $880 billion, more than 140,000 new businesses and 1.2 million jobs to the nation's economy from 2001 to 2005, according to the International Franchise Association. IFA president and CEO Matthew Shay predicts growth will continue, even during the current economic downturn.


When Will You Send My Information To A Franchiser?

Only after you have requested and approved such a submission.  

Will My Personal And Financial Info Be Sold To Anyone?  
The answer is no. The information you provide the franchise consultant is confidential and will only be seen by our consultants and any business that you decide to pursue an investigation process with.

 

What Kind of Franchise Opportunities Are Available?

 - Part-time, full-time or part-time growing into full-time.

 - Home Based, Brick-and-mortar.

 - Retail, Service

 - Owner-operator or investor.

 - Area Developer, Master Franchising

 

How Much Cash Do I Need?
We have a wide variety of opportunities that have initial investments as low as $6,000. It is important to note that the investment required in any franchise/business is often not a good indicator of the total returns that may be available.

 

What Financial Assistance Is Available? 
Financing can be a major hurdle for any potential franchisee. Start-up costs can reach a high level and it is essential that the franchisee have adequate working capital. It is important to address any financing issues during the investigation of franchise opportunities. 
 

How Soon Can I Get My Business Started?  
This depends almost completely on you. The franchise consultation process can be completed easily within a few days if you are responsive and motivated. After you select the right business for you, it will typically take anywhere from 1 month to 6 months for your actual business to open for operation.

 

How much does it cost to work with a consultant?
There is no charge to work with a franchise consultant.

If I work with a franchise consultant, do I end up paying a higher franchise fee?
You will pay the same franchise fee regardless of the involvement of a franchise consultant


If I go directly to the franchise, will they negotiate the franchise
fee because I didn’t use a franchise consultant?
No.  The FTC hihgly regulates all franchise agreements and the franchise fees are not negotiable. By law, they can't charge you a lower fee for going directly to the franchise.

How does a franchise consultant get paid?

Franchise consultants are paid a referral fee by the franchisor to find qualified candidates for their opportunity. Consultants get paid much like a recruiter. When we find a good fit between a franchisor and a potential franchisee…it is a win-win situation for everyone!

Wouldn’t it be easier to look on the Internet and go directly to a franchise?
You can get lists of franchises off the Internet but it can be overwhelming with all of the opportunities available.  A franchise consultant can help narrow the field and only show you opportunities that will be a good fit for you and are available in the area in which you are interested. We have a relationship with franchise companies and introduce you at a high level into the organization immediately. Now compare that to FranchiseUpdate conducting a mystery shopper with 138 franchisors that participated and below is the response. Surprising enough, the franchisors knew they will be contacted and the results were still not impressive. The shopping was done by Frandata and the results were tabulated by an attorney firm. 

70% of the forms filled out on a franchise website were never called
 44% were not contacted by email
 73% of calls made into a franchise were never called back
60% prompted you to leave a message
 42% responded in 2 days
17% sent you to a website, no answer or phone disconnected

Now you can see the value of working with a consultant instead of directly with a franchise. With us you become a qualified investor with the franchise and not just a statistic.

Your satisfaction is our reward!

Take the next step now and complete our consideration form so that we may review your qualifications
click here 

 

 

 

 

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