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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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