As consultants with FranNet of DFW & Oklahoma, our specialty is helping entrepreneurs locate and investigate the right business opportunity through franchising. Many of our clients have shared their individual stories on our recurring podcast series entitled, “Unpredicted Entrepreneur,” now up to 20 episodes. Our consultation sessions are always no-cost and no-obligation to the client, and we typically begin by assessing your strengths, experience, and passions. Your information is then applied for suitability with multiple franchise concepts. And that’s when the real navigation begins. Start to finish, we’re your business opportunity guide, helping you find a franchise that aligns with your lifestyle and income-generating potential.
But that’s not all we do. In this edition of our FranNet of DFW & Oklahoma blog, we discuss the added value of our networking resources on the local level. See below for a closer look at the type of connections we can provide you from our network of professionals. All of whom are ready to help you get established as a franchise business owner…
Legal Assistance
The franchise investigative process contains multiple steps, and the further you go in the process, the more serious the discussions become. One such example is reviewing the franchise disclosure document (FDD) from the brand. Comprised of 23 different sections, more than a few are explained in “legalese” that could require the services of a franchise attorney to help you understand the roles, responsibilities, and obligations between franchisor and franchisee. Many times, our clients say, “I don’t really know a lawyer.” That’s OK, because we do, and can introduce you to attorneys who can help you through this important stage of due diligence.
Accounting/CPAs
Many of our clients do have a financial planner, and perhaps a regular accountant that handles tax issues and filings. But if you don’t, this is another area where we can help. Over the years, we’ve established several contacts in the accounting world who can help you determine your financial tolerance and the investment level you qualify for when looking at franchise ownership. Just like with the legal assistance, having a professional accountant review the financials of a franchise concept is highly recommended.
Site Selection
Many franchise businesses require a brick-and-mortar storefront, with specific guidelines for determining the best location for customer traffic. However, if those guidelines aren’t specific enough, and you need the help of a commercial real estate specialist, FranNet of DFW & Oklahoma can put you in touch with a professional that knows the market area. This, too, is an important consideration because – as they say – it’s all about location, location, location.
No matter your need, we can accommodate your requests. As franchise consultants with FranNet, we maintain a deep roster of contacts who can serve your every professional need. Our rolodex stretches far and wide, and we’re always happy to connect you with individuals who are locally based and understand the North Texas and Oklahoma markets.
If you’d like to explore the full-range of possibilities that come with small business ownership through franchising, let FranNet of DFW & Oklahoma be your guide. Our no-cost, no-obligation consultations have helped hundreds of entrepreneurs secure a future that belongs to them and them alone. We’d love to introduce you to a whole new world of possibilities through franchise ownership.