Franchise Consulting- A Recession-Proof Business That Thrives in Any Economy
Despite the fact that the country continues to be mired in an economic downturn, FranServe founder and president Tim Bleakley finds himself in the enviable position of operating a business that continues to thrive.
“FranServe is a franchise consulting company whose owners help people identify the franchise that is the best match for them, as well as helping them obtain the capital to pay for their franchise.As a result,our owners experience the personal satisfaction that comes from helping others achieve their goals, while enjoying the financial rewards that come from multiple income streams and very low overhead,” says Mr. Bleakley.
Mike Reis, one of the people who operate their own franchise consulting business by utilizing the FranServe system, has seen tremendous growth in this industry. “In the last five years alone, the percent of franchise buyers who have used franchise consultants has grown from 5% to 39%. That’s almost 800% growth in our industry! I don’t know of any industry that has experienced that level of growth. "
“Also, this is also one of the businesses that performs even better in a struggling economy”, Tim Bleakley explains. “When people are downsized,they are forced to look for other options. Many of these people gravitate to franchises because of the proven systems, the high success rates, and the extensive training and support programs. Plus,since we work with a higher level of clientele, those that need financing are easily able to obtain it, especially because we work directly with companies that provide business loans and companies that help our clients access their 401K funds without penalties."
“Also, when other industries, like real estate, trend lower, investors buy "absentee" franchises, where they can hire a manager and they don't need to be active owners. They do this to achieve better returns on their investments and to diversify their portfolios. Of course, when the economy improves and there is more capital available, there are always people who want to get into their own businesses, so franchise consulting has a consistent flow of business. It is not seasonal or cyclical, like real estate or tax services.”
Mike Reis shares that“I have been a franchise consultant for over 8 years, and I have experienced consistent growth in my business. It has been my most profitable,most flexible and most rewarding business."
The Leader in a Flourishing Industry
Although the franchise consulting industry as a whole is experiencing significant growth, it’s FranServe’s commitment to excellence that’s makes it the most successful franchise consulting company in the industry. The company has consultants in the United States and Canada.
“FranServe has had tremendous success in the franchise consulting industry because our company has relationships with the most and the best franchise companies in the industry…and only works with the franchises that have the best success rates and the best training and support systems,” Tim Bleakley explains.“We work with more of Entrepreneur magazine’s Top 500 franchises than anyone else, and we continue to add new franchise companies to our portfolio every month, after a very thorough screening process.”
“FranServe consultants can focus prospective franchisees on the best opportunities available…because we’ve already done the research for them…saving them a great deal of time and effort...This puts FranServe consultants in a better position to provide the best help to the most people,” he said.
FranServe is the only company that has developed a three-phase training and support program, which features extensive individual and group mentoring from senior, veteran Franchise Consultants.So you do not need prior industry experience to be very successful in this business. What you do need to bring to this business are strong communication and organizational skills, a strong desire to help others, the ability to manage business relationships, and the willingness to learn and follow a proven system.
A Proven, Flexible Business Model
In addition to offering high demand consulting services that attract a vast audience of prospective franchisees, FranServe consultants have the added benefit of owning a business that easily adapts to their lifestyle. “Consultants can operate this business from their home or a small office, requiring only a phone and a computer,” Mike Reis explains.
“Consultants have the flexibility to start this business on a full-time basis, or on a part-time basis while maintaining their current position. Since consultants do not need a retail location, they can control their business and have tremendous freedom and flexibility as to when and where they operate their business,” Reis said.Whether consultants choose to run their business from home, or from an office, they can take advantage of FranServe’s affordable, proven business system that requires no employees, no inventory and no travel.
In addition to joining the leader in the lucrative franchise consulting industry, owning a successful business that helps others realize their dream of business ownership can be extremely gratifying and the biggest reward of all.
Franchise Marketing Fund Disclosure: A Cold Stone Creamery Case Study
In the Cold Stone case, the franchisees are also seeking information relating the pricing of the supplies on which the franchisor is receiving the vendor rebates. If it turns out that the prices that vendors charge franchisees are artificially inflated in order to allow for payment of these “kickbacks” to the franchisor, then the franchisees no doubt will assert additional claims in their lawsuit against Kahala. Such claims may include fraud for inadequate or misleading disclosures in the Cold Stone FDD (if in fact information was withheld – at this point, we don’t know who is right or wrong).
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Entrepreneur's Edge: Untamed Sandwiches
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