How We'll Work Together
At Steadfast Franchise Group, we follow a structured process to ensure your journey towards business ownership is informed and tailored to your needs
Initial Discussion
We initiate with a telephone conversation to acquaint ourselves, discuss your interest in business ownership, and outline our franchise consultation process. This allows you to evaluate if you wish to proceed using our free services and the Steadfast approach.
Personal Profile
Upon mutual agreement to proceed, we delve deeper into your business interests, self-assessment of skills, investment preferences, financial overview, location preferences, etc.
A Better Understanding Conversation
During this discussion, we review your personal profile results and delve into detailed discussions based on your responses. This conversation not only helps us understand your motivations and needs better but also allows us to explore business ownership opportunities via proven franchise models.
Franchise Investigation
Subsequently, we embark on investigating potential franchise companies that align with your criteria - including categories of interest, investment budget, owner role types, territory availability, and state registration approval. We will assess numerous franchises to identify 8-10 suitable options for further consideration.
Review and Presentation
In our next meeting, we present and review the franchise companies that match your areas of interest, budget, and available territories. Should any of these companies pique your interest, we act as your liaison, contacting the companies on your behalf and facilitating information-sharing conversations between you and them.
We Prioritize Making Exceptional First Impressions and Empowering You to Make Well-Informed Decisions
Preparation for Franchise Meetings
We will guide you in preparing for your conversations with franchise representatives. It's crucial to recognize that this is a reciprocal evaluation process - just as you'll be assessing the companies, they will also be evaluating you. These initial discussions, conducted via telephone, with company executives hold significant importance. We will provide insights into the franchise companies' Discovery Process, helping you grasp the upcoming steps.
While most of these steps involve telephone and/or video call interactions, they do necessitate a commitment of your time.
Meeting Arrangements and Guidance
Representatives from your selected franchise companies will schedule a series of meetings with you. These sessions aim to familiarize you with their business operations, review the Franchise Disclosure Document (FDD) - a crucial legal document disclosing franchise details, and organize "validation calls" with other franchise owners, offering firsthand insights into ownership experiences. Prior to each meeting, We will equip you with pertinent questions to ensure your learning and time are maximized. We'll assist you in identifying what information is essential to gather and how to obtain it effectively.
We Aim For Success Tailored to Your Terms
Navigating Discovery Days
Your franchise choices will create lasting impressions, possibly making you a sought-after candidate. You'll receive invitations to attend Discovery Days hosted by the companies that intrigue you most. At these sessions, you'll have the opportunity to meet face-to-face with the companies you're considering moving forward with.
Finalizing Your Decision
Ultimately, the decision to purchase a franchise rests with you. Should you choose to proceed, we'll assist in preparing you for the "closing/planning" meeting with your chosen franchise company, where you formalize your business purchase. We'll delve into specifics regarding business structuring, necessary external resources (such as attorneys, small business/SBA lending sources), and offer practical advice for transitioning into the role of a business owner. Your new franchise company representative will provide additional essential information. Moreover, We will continue to offer follow-up support, ensuring you have a neutral sounding board for ongoing personal growth and peace of mind.
Ongoing Support and Guidance
Throughout the evaluation process of various franchises, We'll remain your advocate, counselor, and sounding board. We will meet as needed to keep you focused and informed, ensuring you have the support you need as you navigate through franchise opportunities.