FAQ

Quite simply to save time, money and aggravation!  We represent more than 400 top franchises in 30 different industries.  We’re talking everything from pet franchises and fast food franchises to senior care, tutoring, automotive, fitness, real estate, recruiting, home improvement, coffee, heath care, cleaning, massage, beauty salon and business consulting franchises.  We’re talking work from home franchises, retail franchises, low cost franchises and Entrepreneur Magazine Top 500 franchises.  Given our knowledge of franchises and the franchising process, we’ll guide you to the best franchise based on your skill set, goals and budget.  In other words, we’re a one-stop shop that will save you hours, days, months and years of endless Internet research searching for franchises to buy.  Plus, we provide our services at no cost to you.  See below.

• We provide our franchise consulting services to you free of charge.  We’re paid of course, but by the franchise companies that utilize our skills to help them find would-be business owners who are a good fit for their business model and corporate culture, and therefore more likely to be successful.  So, it is our franchise company clients, not you, who pay us. 

   

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• Not at all.  The fee that you’ll pay if you decide to buy a franchise we’ve discussed with you will be exactly the same, whether you get screened, prepared and introduced by us, or you approach the franchise company and buy a franchise from it directly.  So why not use us?  

   

• • According to the US Census Bureau, The US franchise sector is comprised of more than 300 different industries. The cost to buy a franchise depends on the type of business and the number of units you are looking to purchase.

     

• FRANCHISE SOLUTIONS GROUP is a trained franchise consultant. We represent more than 400 top franchises in more than 30 different industries. Our job is to help you find the franchise that best matches your background, skills, interests, personality, income expectations, and budget. If you want to buy a franchise and become your own boss, contact us for a free consultation.

   

• Absolutely not.  You’re our client every bit as much as the franchise companies with which we work.  Our job is to help you, advise you, consult with you and make a complicated franchising process as simple as possible.  We’ll put you in touch with the franchise companies you choose and serve as a sounding board for things you find out.  Our goal is to help you achieve financial independence and be your own boss, and do that through buying a franchise if that’s best for you.  But if you decide to not buy a franchise, that’s fine too.  

   

• Nope.  Whether you’re buying a home restoration franchise or an urgent care franchise or a Pilates fitness or a pizza franchise, you don’t need any prior experience.  A top franchise will train you in everything you need to know for your business startup.

   

• That's a great question, but difficult to answer because there are so many top franchises in many different industries and so many different configurations you may choose for how to operate the business. Profitability will be determined by what franchise you buy and how many, where the franchise is located, what business model you choose (for example, will you handle many key tasks yourself or hire a manager to do them?), and many more factors. Once you start a hard investigation of a franchise that interests you (called "due diligence") we will help you get all of the information you need to make an informed decision to buy a franchise, including estimates of potential profits and the return on your investment.

   

• When you buy a franchise, a franchise fee is a one-time payment made to the franchise in order to use their trademarks, name, training, business systems, software, marketing, and general support. It's somewhat similar to the down payment on a house. The amount of the fee varies, depending on the type of franchise you buy, the number of franchise units you decide to open, and other considerations. For example, if you're a veteran who decides to buy a franchise, you'll find that many of the top franchises will reduce the franchise fee in appreciation for your service to our country.

   

• If you need a loan to buy a franchise, there are many financing choices through the Small Business Association and other organizations. Right now, rates and fees are low because the government wants to stimulate the economy to bring us out of the recession. We partner with funding experts who can get you the best business loans available. 

   

• There are so many top franchises available in so many different industries that it's difficult to say which are the "hottest." For example, a magazine may label a franchise as "hot" because the company is selling to a lot of franchise owners, but the particular franchise may not be right for you. A good franchise consultant will educate you about the popular franchises out there and help you find the franchise that best fits your interests, personality, goals, and budget.

   

• After you buy a franchise, you will have to pay royalties. A royalty is a weekly or monthly payment made to a franchise company in exchange for the rights to use trademarks, names, business systems, and support. Royalties are usually a percentage of the gross receivables that come in on a weekly or monthly basis.

   

• If you want to buy a franchise that will be successful in any economic climate, you're in luck. There are many recession-proof franchises across many different industries. They include everything from lab testing and urgent care franchises to those that provide tutoring, home renovation, appliance repair, and many other products and services. Contact us to learn more.

   

• Many franchises have remained strong throughout the COVID-19 pandemic. There are pandemic-resistant franchises in many different industries including fast food, automotive, and home repair & remodeling. In fact, there are franchises that have flourished during the pandemic, such as commercial and residential cleaning services that apply special Covid-cleaning techniques. We can help you buy a franchise that matches your background, skills, and goals. Contact us for a free consultation.

   

Our goal is to find a business opportunity that will meet your specific goals and needs. To do this effectively, we first have to learn more about you.  The more we know about you, the better we can help you start a new business that will be successful and give you financial independence.  We’ll start the process by asking you a series of detailed questions. Some sample questions you will be asked are:

• What business are you in now?

• Have you ever owned a business of your own?

• What are your reasons for wanting to buy a business of your own (for example, “be my own boss,” “financial independence,” “diversify my investment portfolio,” “build a legacy for my spouse and children,” etc.)?

• What hours do you like to work?  

• Where do you want your business to be located?

• How do you feel about managing people?

• How much capital do you have to start a business with?

• Will you have partners?

• Do you want to build multiple units?

• How soon do you want your business to open?

• Do you want to work full time or on a semi absentee or part time basis?

These are just a few of the many details we’ll discuss with you over the course of our consultation process. With this information, we can match you with opportunities that are consistent with your personal goals.

You bet.  Top franchises are always looking to recruit veterans as franchise owners.  Why?  First of all, because they’re patriotic and appreciative of your service.  But even more importantly, they know that veterans are trained to be organized, plan and follow a system that ensures mission success.  That’s the type of person most likely to be a successful franchisee.  That’s why the best franchises out there offer discounts and other financial incentives to veterans interested in becoming franchisees.  Are you a veteran looking to be your own boss?  Contact us to learn more.