Franchising 101
Why Buy a Franchise?
It reduces your level of risk as it is a proven method of doing business and offers you the opportunity to be in business for yourself, but not by yourself. The franchisor has worked out most of the kinks and they are there to provide you with initial training as well as advertising and marketing support to help you build your business.
Why Use SWIFT eX, LLC and Not go Directly to the Franchisors?
Simply because we can save you a lot of headaches by using our expertise to provide you with free business consulting to help you achieve your goals. This can save you a considerable amount of time at absolutely no cost to you for this service. In other words, you will not pay more for your franchise and associated fees by using us, SWIFT eX, LLC.
How Much Does it Cost to Use the Services of SWIFT eX, LLC?
Our service to you is totally free as we work as a recruiter for the franchisor. So, the price you pay for your franchise, will be the published price as if you had gone directly to the franchisor. In turn, the franchisor pays us, SWIFT eX, LLC for the service of finding them the very best candidates
How Will SWIFT eX, LLC Help Me Find the Best Franchise For Me?
Our role is to work with each individual and find them a franchise opportunity that meets their specific needs. To accomplish this, we will ask you a series of detailed questions. Below are a few sample questions:
• What business are you in now?
• Have you ever owned a business of your own?
• What hours do you like to work?
• Where do you want your business to be located?
• How do you feel about managing people?
• How much capital do you have to start a business with?
• Will you have partners?
• Do you want to build multiple units?
• How soon do you want your business to open?
• Will you be involved on a full-time or part-time basis?
During our consultation, we will discuss many details with you so that we can use this information to match you with the most suitable opportunities, consistent with your personal goals. And, with over 2,000 franchise vetted opportunities available, we can use our experience to help you find the franchise opportunity that is perfect for you.
Do I Need Specific Industry Experience to Successfully Own a Franchise?
No, you do not. Most franchisees have little to no experience in the industry that they plan to go into. And franchisors would rather have their franchisees working on their business than in their business so that they can be effective in managing all aspects of the business such as motivating employees, generating new sales and taking care of the day-to-day side of the business as effectively as possible.
How Soon Can I get My Business Started?
This depends almost entirely on you. Our consulting process can be completed easily within a few days if you are motivated. Then once you begin investigating the different franchise opportunities, most clients can find a great match for them within one to three months. After you select the right business for you, it will typically take anywhere from 3 weeks to 6 months for your actual business to open for operation.
Is Financial Assistance Available?
In many cases, yes. Because start-up costs can be high, and it is essential that the franchisee have adequate working capital, it is important discuss financing issues during our franchise opportunity investigation. Our franchise partners are experienced with this issue, and many offer financing options. However, we can also assist you with exploring the financing options that are available to you.
Our comprehensive suite of funding options can assist you in structuring the right funding for your particular needs which will help eliminate obstacles and ease your fears, clearing the way so you can quickly and confidently achieve your dreams of business ownership.
One of our funding partners, Benetrends, has helped more than 12,000 entrepreneurs successfully launch their dreams for over 30 years, with proven and innovative funding strategies that maximize opportunities, while minimizing risk.