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When it's time for a career change, it's also time to talk with the experts. As well as our extensive directory of franchise business opportunities, we offer franchisees and potential franchisees a chance to ask our franchise experts all of their business-related questions. Once you've made the decision to take advantage of our franchise business opportunities, you're sure to have a myriad of questions. But before you start paying professional consulting fees, check our Ask the Experts page. We know that knowledge and experience are two key elements in running a successful franchise, which is why we provide this useful tool to new and future franchisees. Some of the topics covered by our experts include whether or not you will require a lawyer in purchasing a franchise, what are lease terms, how to select the ideal location for your franchise, what kind of investments are required in first purchasing a franchise, and what it takes to introduce a franchise into a new country. All of the questions featured in this section have been sent in by franchisees like yourself, and our experts answer with clarity and straight-forwardness you won't find anywhere else without paying for it. As well as information on franchise business opportunities, we also open up the floor to you. If you have franchise-related question for our experts, the answer is only a click away. Our featured experts are available to answer any questions you have about owning and operating your own franchise. Click to ask a question or browse through the archive to find past Q & As.
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| Question: | Can I finance all applicable franchising & Investment fees? |
| Answer: | Generally, no. Banks will usually only lend money where there is “tangible asset backing”. ...click here to read full answer!
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| The answer to this question was provided courtesy of: Perry Maisonneuve jpmaisonneuve@FranchiseServices.ca www.franchiseservices.ca | |
| Question: | Can I franchise my own company? |
| Answer: | The answer depends on a number of factors including, but not limited to...click here to read full answer!
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| The answer to this question was provided courtesy of: Norm Friend nfriend@franchise101.net www.franchise101.net | |
| Question: | Can I really afford a franchise? |
| Answer: | In most cases, the answer is yes. Franchises are available in a variety of investment ranges...click here to read full answer!
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| The answer to this question was provided courtesy of: Wayne Maillet wmaillet@franchisespecialists.com www.franchisespecialists.com | |
| Question: | What is liquid capital? |
| Answer: | “Liquid capital” refers to cold, hard cash (not borrowed!) or assets that you can readily convert ...click here to read full answer!
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| The answer to this question was provided courtesy of: Perry Maisonneuve jpmaisonneuve@FranchiseServices.ca www.franchiseservices.ca | |
| Question: | What ongoing support can franchisors provide me when I start up a franchise? |
| Answer: | Strong franchisors provide initial training to ensure that you execute a proven system......click here to read full answer!
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| The answer to this question was provided courtesy of: Wayne Maillet wmaillet@franchisespecialists.com www.franchisespecialists.com | |
| Question: | Where can I check a franchises credibility and references? |
| Answer: | There are a number of places where you can find information about a franchisor....click here to read full answer!
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| The answer to this question was provided courtesy of: Norm Friend nfriend@franchise101.net www.franchise101.net | |
| Question: | What are some popular franchising industries right now? |
| Answer: | There are two factors influencing franchising at the moment....click here to read full answer!
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| The answer to this question was provided courtesy of: Norm Friend nfriend@franchise101.net www.franchise101.net | |
| Question: | What is the process of obtaining a franchise? |
| Answer: | Possibly the hardest part of the process is deciding which franchises you want to pursue. This requires really identifying what your strengths and skill sets...click here to read full answer!
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| The answer to this question was provided courtesy of: Wayne Maillet wmaillet@franchisespecialists.com www.franchisespecialists.com | |
| Question: | Are work at home franchises legitimate? |
| Answer: | Yes, work at home franchises can be legitimate. Like any franchise opportunity, you will want to do your homework and due diligence....click here to read full answer!
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| The answer to this question was provided courtesy of: Wayne Maillet wmaillet@franchisespecialists.com www.franchisespecialists.com | |
| Question: | Do franchisors provide financing for franchisees? |
| Answer: | Franchisors are not in the banking business so it’s very rare for a franchisor to provide lending to their franchisees....click here to read full answer!
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| The answer to this question was provided courtesy of: Gary Prenevost gprenevost@frannet.com www.frannet.com | |
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