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The BizFranHub Franchise Discovery Process

Our proven 8 step process for exploring and evaluating franchises.

 

Schedule a Free 15 min Call

 

1. Introductory call - Click on the link above to schedule your free 15 min call to get started. We start with getting to know more about your stregnths and educating about franchising. We share about our process for exploring and evaluating franchises to reduce your risk. You will recieve an email with a link to your franchise assessment.

2. Franchise Assessment - We assess your streghths to ensure you are well qualified to meet all of the day to day requirments of the owner. Financials mininum requirments start at $50,000 liquid capital and $150,000 net worth. This will also provide a budget for your ideal investment and insights matching you with top-performing franchisees.

3. Consultation call - We are going to review your profile and develop your ideal franchise business model. We’ll discuss your vision for daily operations, location, and employees to deepen our understanding of the right franchise fit. We will check with the franchise companies to ensure they are available and the market has the demographic requirements.

4. Explore brands - We’ll narrow it down to the best brands to achieve your goals based on the information we’ve collected. You’ll receive an overview of the brand, initial investment, and what a day in the life of an owner looks like. You’ll have time to review each of the brands and select 2-3 brands that you want to discover more about.

5. Discovery Process - This is the time to get a feel for the culture of the brand, dive deep into the unit economics, understand the training and support, and receive the franchise disclosure document. Additionally, you’ll have a chance to speak directly with existing franchise owners and ask questions directly. You can ask about their day-to-day involvement in the franchise, how the franchise support is, what challenges they face, and what the return on investment looks like.

6. Due Diligence - While you’re in the discovery phase, we will also be introducing you to our top partners for funding and legal review.

7. Confirmation Day - The final step is to meet the leadership team, experience the business firsthand, and confirm your decision to become a franchisee.

8. Congratulations! You’ve been awarded the franchise, you’ll proceed to sign the franchise agreement and begin the onboarding process! 

 

Do want to get a head start? Here is a link to step 2 Your Franchise Assessment:

Take Our Free Franchise Assessment!

 

Good advice is priceless. So we don’t charge for it.

Good advice is priceless. So we don’t charge for it.

BizFranHub can literally save you thousands of hours in your business search. We do the searching for you and present you with the opportunities you’re looking for.

Like most recruiters, our revenue comes from successful placements. We’re committed to finding you a franchise that meets your needs and sets you up for long-term success.

If you go directly to a franchise, they have only one option to offer. They can’t tell you if there’s a better opportunity out there for you. Take advantage of our expertise. The advice we provide you won’t cost you a dime.

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