Frequently Asked Questions

  1. Why Should I Consider Owning My Own Franchise?
  2. How Can I Choose The Right Franchise Opportunity For Me?
  3. Is My State A Franchise Registration State?
  4. How Do I Get A Franchise Disclosure Document from a Particular Franchise?
  5. Am I Allowed To Own More Than 1 Franchise At A Time?
  6. Can I Start A Franchise With A Business Partner?
  7. How Much Does It Cost To Start A Franchise?

Why Should I Consider Owning My Own Franchise?
When you buy a franchise, you don't just buy a business, you buy a proven system for success with your business. Franchises have already established working systems in place that you can follow to drastically improve your chances of success as well as eliminating the guesswork and the mistakes that a common person would normally make in starting a business. Most franchises also provide the benefit of an already established brand and a proven product that your customers are familiar with and trust. It's also easier to obtain financing for a franchise business because lenders feel better about financing a business that has a proven track record of success. Banks normally consider successful franchises a lower risk of default and are more likely to loan money for starting such a business. Some franchise systems will even provide their own financing options to franchisees.

How Can I Choose The Right Franchise Opportunity For Me?
Selecting a franchise is a very big decision, and shouldn't be taken lightly. The franchise you choose should not only be something that you are interested in, but should also fit your budget and allow you to live the lifestyle that you desire Not only that, you should choose a business that offers a product that is in demand in your area. If there is no demand for the product or if there are already a number of similar businesses in the area, you should probably look at some other options. Be sure to do your research before you sign a franchise agreement, as well as speaking with other franchise owners to ensure that there is a demand for the product in the area that you are considering opening the business.

How Much Does It Cost To Start A Franchise?
The cost of buying a franchise varies quite a bit depending on several different factors such as the industry, whether or not it requires a storefront or office, the state that you are considering starting the business in, the overhead required to run the business, etc. Some franchises can be started for less than $10,000 while others require millions of dollars to start. Some franchises offer financing or can help you gain financing if you're interested.

Can I Start A Franchise With A Business Partner?
Having a business partner to start with varies depending on the franchisor, however most franchises allow financial partners and operating partners if you would like to have one.

Am I Allowed To Own More Than 1 Franchise At A Time?
Once again, this varies by franchise. A lot of franchisors offer master or area franchises within a specified area. Having a master or area franchise can be very expensive. If you are successful with one franchise many franchisors will allow you to move into another area. Owning two completely different franchisors is usually allowed unless they are competing with one another. These questions and more can be answered more accurately at the specific franchise level.

How Do I Get A Franchise Disclosure Document from a Particular Franchise?
To receive a FDD for a specific franchise, browse our website to find a franchise that you are interested in, then fill out the contact form related to that franchise. One of our knowledgable franchise consultants will then contact you to get some more information and then take the necessary next steps to getting a copy of the franchise's Franchise Disclosure Document to review before you make your final decision. Our consultants will help you through the process and make sure that everything is done correctly from the very beginning.

Is My State A Franchise Registration State?
There are currently fifteen states that have franchise investment laws requiring franchisors to provide pre-sale disclosures to all potential purchasers. These franchise registration states are Washington, New York, Hawaii, Rhode Island, Virginia, Illinois, South Dakota, Michigan, Wisconsin, Oregon, Minnesota, Indiana, California, Maryland, North Dakota

At FranchiseConsultantsUSA.com, we are dedicated to helping you make the right decision and find a franchise opportunity that not only meets your budget, but is something that you will truly enjoy for years to come.