FREQUENTLY ASKED QUESTIONS:
Q. What Is Franchising?
A. The term Franchising came from the French which means
privilege or freedom. The concept of franchising dates back to the middle-ages
whereby the monarchy granted a franchise for all manners of commerce which
included; the use of land for agriculture, food, alcohol and other commodities.
A franchise is a business relationship between the owner of a trademark(s),
proprietary product(s) and/or service(s), proven method of business operation
and marketing. A franchise agreement governs the relationship between the
parties and outlines their responsibilities and obligations. Today’s
current form of franchising may have been initiated as early as the 1850s;
when Isaac Singer, improved the sewing machine and increased the distribution
of his sewing machines through franchising. Today’s most common form
of franchising is known as the business format franchise. A Franchisor
licenses its trademarks and proven business methods to a Franchisee in
exchange for an up-front payment known as a franchise fee and on-going
royalty payments, which are usually determined by a percentage of the Franchisee’s
gross sales. Typically a franchise company will offer; local, national
or international advertising, training, and other means of support.
According to Financial Times, if sales by US franchise businesses were translated
into national product, they would qualify as the 7th largest economy in the
world.
Q. What Can Premier Franchise Services Do For Me?
A. We act as a resource for entrepreneurs seeking bona fide
franchise opportunities. We have a group of approximately 300 elite franchise
systems, in various industries, that have passed our rigorous scrutiny and
we are proud to recommend to our Clients. We assist our Clients through their
franchise due diligence and decision making. This ensures that they make a
sound decision helping them secure their future as business owners.
A. You the franchise buyer, pay nothing for our services. Franchise companies
appreciate our process because the franchise candidates that we refer to
them are well informed, qualified and compatible with their franchise systems.
In the event that you purchase a franchise with our assistance, we would
be compensated with what is known as a referral fee from the Franchisor.
However, you would pay the exact same amount as you would if you purchased
the franchise without our assistance. We’ll help you through the investigation
process but the final decision is always up to you.
Q. Why Should I Work With A Premier Franchise Services Consultant?
A. We can help you navigate through the mirage that many
prospective Franchisees have to deal with when looking for the right franchise
business. Your consultant will provide you with a great deal of valuable
advice and tools to help you find the “right” franchise.
Q. Will I Pay More For A Franchise If I Work With Premier Franchise Services?
A. Again, you will pay the exact same price for any franchise,
as if you had gone directly to a Franchisor. The Franchisor compensates
us for our consulting costs and introducing qualified and compatible candidates. Working
with a Premier Franchise Services will save you time, money,
open your eyes to things you that you need to know prior to searching and
ultimately purchasing a franchise. You can learn about many exciting franchise
opportunities all from one source rather than from multiple sources.
Q. What Types Of Franchises Does Premier Franchise Services
Recommend?
A. Anything from small-to-large, full to part-time, nationally
known to newer concepts, Internet to retail and in all types of industries.
We have analyzed hundreds of concepts in 22 different industries. However,
only the elite receive our recommendation.
Q. How Does Premier Franchise Services Differ From Traditional
Franchise Brokers?
A. We do not sell franchises and will not attempt to coerce
you one way or another to purchase a specific franchise. Our
approach is quite similar to a financial advisor presenting financial products
to you. We simply suggest suitable franchise opportunities for you to consider
and it’s completely up to you to decide whether or not to pursue
them more seriously. Our only goal is to assist you in finding the right
franchise, if one truly exists. Often the best franchise advice can be
about what not to buy. Our valuable expert advice is free and offers great
benefit.
Q. Why Should I Buy A Franchised Business?
A. For many reasons but here are a few reminders
| -You may be tired of being an employee and having others dictate your future. |
| -You may have been affected by corporate downsizing or restructuring and you don’t want to be in a vulnerable position ever again. Now it's time for you to be the boss! |
| -You may be tired of making others wealthy but not yourself. |
| -You may want to leave behind a security blanket for your loved ones. |
| -You may have recently immigrated to North America and wish to start your own business because you have grown accustomed to a certain lifestyle that a job cannot offer. |
| -You may want to eliminate financial uncertainty for good. |
| -You may be financially secure but wish to improve your investment portfolio’s performance. |
| -You may wish to start a business of your own, but want to minimize your risk of failure. A franchise may be the right choice for you. |
| -You know you deserve better and you’re destined for greater accomplishments! |
Q. What Is The Next Step?
A. Simply, click our Create Profile link: “Create Profile” and submit a secure and confidential profile on yourself or simply register yourself for a consultation.