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Royalty Collection

is a simple easy to use Royalty Collection Tool for Franchisors.  It provides franchisors with a low-cost branded solution for payment collection.  Click here to learn more!

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Franchise FAQ
Frequently Asked Questions

The following are frequently asked questions and answers. As with any franchise offering, you should obtain the Franchise Disclosure Document (FDD) and review it with your advisors. The FDD contains all required information for owning a FranchiseInc! franchise in your state. This is not an offer to purchase a franchise, it is for information only. Franchises may not be available in all states, see the FDD.

Q: How do I get a copy of the Franchise Disclosure Document (FDD) for FranchiseInc!?
A: You must complete our Confidential Questionnaire. The simplest way to complete the confidential questionnaire is to use the online system (www.franchiseinc.com) or you may call our home office at 800-961-0420.

Q: How much can I earn owning and operating a FranchiseInc! franchise?
A: Franchise Law (commonly called the Franchise Rule by the Federal Trade Commission) does not allow us to project earnings. We truly cannot answer that question because there are many external factors that neither you nor FranchiseInc! can control that will affect your profitability including sales volume, market timing, seasonality fluctuation of franchisor inventory, your managerial skills, economic factors and your marketing efforts. Because you will be starting a new business from the ground up, it is realistic to plan for periods of no income from the business. As with any new business you should have sufficient capital to sustain your needs for at least one year. We recommend that you ask your business advisors to assist you in this planning process. (see FDD, Item 19.)

Q: Will I have a protected territory?
A: As a franchisee you will receive a non-exclusive territory as per Item 12 in our FDD. This allows you to sell anywhere in the United States provided you meet all state requirements, if any.

Q: Will FranchiseInc! provide ongoing operational guidance or support?
A: Yes. You will receive an Operations Manual, ongoing training, conventions and support as requested. (see FDD, Item 11.)

Q: How long does it take to become a franchisee?

A: Once you have taken the mandatory minimum of 14 days to review the FDD, have completed the application and attended home office training you can operate as a FranchiseInc! franchisee. This process can be 45 days or less.

Q: How many staff do I need to operate a franchise?
A: This is a professional franchise, you usually will not need staff to operate this franchise.

Q: How much is the royalty?
A: Zero, we have an aggressive compensation plan where our consultants can earn 100% of all commissions.

Q: Do I have to contract with franchisors?
A: No, we do all the contracting for you. All you do is present the franchise concept to your prospects. Under our agreements, you are paid by the franchisor when your prospect purchases a franchise directly from them. Franchisors are invoiced through our software.

 


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