Questionnaire

First Name *

Last Name *

Names of potential business partners

Have you explored franchise ownership in the past? *

Yes, I have

No, I have not

How long have you been considering franchise ownership? *

Less than 6 months

6-12 months

More than 12 months

Have you ever owned a business before? *

Yes, I have

No, I have not

If yes, then please tell what type of business it was

Are you currently employed? *

Yes, I am

No, I am not

Tell us what some of you favorite passions, interests and hobbies are *

What might some of your biggest hesitations be for owning a business? *

What specific skills or qualities do you feel you can bring to owning your own business? *

What specific location(s) would you like for your business to be located? Please provide, city and zip code *

What ownership model is most suitable for you right now? Select all that apply:

Owner/Operator: Involved full-time and in the day-to-day operations of the business.

Executive Model: Involved full-time, but you manage a staff that runs the day-to-day operations of the business.

Semi-Absentee: Involved part-time. You will hire a manager to run the business; minimal involvement for you.

Fully Passive / Investor: The franchisor hires a manager and staff to operate the business for you. **Note, this business generally requires a much larger initial and ongoing investment.

Are you interested in owning more than one location or franchise brand at some point?

No - One location and one brand is ideal for me.

Yes - Multiple locations

Yes - Multiple brands

Not Sure

Do you prefer a brick and mortal or home-based business?

Brick and Mortar

Home Based

No Preference

How many employees / staff do you prefer to have?

0-4

5-10

11-20

21+

Do you have any specific industries that you would like to explore? Check all that apply.

What is your current credit score? Some franchisors have a credit score requirement for potential franchisees.

What is your desired total investment range for your new business? Total investment pertains to the upfront costs to start the business.

What is your current net worth? An estimate is ok. All franchisors have a minimum net worth qualification for potential franchisees. The amount varies by franchise.

What amount of liquid capital (cash on hand) do you have available to invest? All franchisors have a minimum liquidity requirement, so this helps in identifying franchises that meet your financial parameters. Please note the maximum amount of liquid capital that you are comfortable investing, so as not to significantly limit your options.

90% of franchises are funded with a combination of cash and financing. Knowing what financing options are available (there are many) and what amount of financing you can obtain is critical in the franchise exploration process, as many franchisors will want to know that you are pre-qualified before taking the next step. Think of it like buying a home - your realtor will want to see a pre-qualification letter so they can show you homes in your price range. One of the more common options that many are unaware of is the ROBS (Roll Over for Business Startup) program, where you can rollover your qualifying retirement dollars to fund your business start up while avoiding tax penalties. That said, are you interested in having a free consultation with one of our lending experts to help you determine your options? This will not affect your credit score, and there is no obligation to work with them.

Yes

Maybe