Right Franchising

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Right Franchising March 2021 Newsletter

MarchQuote

It’s hard to believe that we are nearing one year since the pandemic first started.  I’m optimistic at where we are headed and thought I would share some great advice from Michael Lee Stallard, president and co-founder of Connection Culture Group.

In his recent article “Thriving through the ongoing pandemic”, he points out that thrivers will maintain a realistic sense of optimism and communicate their rationale to others whom they influence.

Thrivers through the pandemic will maintain focus on what’s important and what they can do well in the current environment.  This is a good time to be laser-focused on identifying, or re-evaluating, your three to five priorities for the year and making progress toward those goals.  He also notes to pace yourself.  Don’t try to do too much.

  • Stay Realistically Optimistic
  • Stay Focused on your Top 3 to 5 Priorities
  • Stay Connected

He ends by encouraging his readers to stay connected.  With these three attributes in mind, what actions can you take in the next few days?  Will you be a thriver? 

If one of your priorities this year is to explore business ownership, let’s connect! Many of my clients have recently gone through a job change or will be due to the industry they are in and want to explore franchising, opportunities available, expectations, and the requirements to qualify.


Right Franchising Overview

What We Do

We understand the excitement of owning your own business, and we understand the fear.  Now we put our business experience to work helping others investigate franchises and make an informed decision.  Our services are at no charge to you as we are paid by the franchise associations.  The price for a franchise is the same whether you use a franchise consultant or go it alone.  There are no contracts or long-term commitments—just good solid information.  You gain peace of mind and security around your final decision.

The clients we want:

We want clients who want to know more about franchising and if it is right for them.  They need to be serious about having their own business so that we can provide a thorough and methodical search.   This targeted search saves our clients time, frustration and prevents costly mistakes.

Questions you may be asking yourself

Is franchise ownership right for me?  How will I know?

Tools from Right Franchising:

  1. Business Characteristic Assessment—10 minutes online

Answers the following questions:

  1. Should I pursue a franchise or a job?
  2. What types of franchises are right for me?
  3. What do I value in a franchise model that fits me?

How much money will I need?  How do I fund a business?

  1. We will provide funding assistance and analysis.
  2. We find good sources with low interest or no interest rates for our clients.
  3. It is easier to fund a business than to buy a home.  You just need the right sources.

How do I evaluate a franchise?

With expertise and tools provided by Right Franchising.

  1. A step-by-step process to provide clarity and peace of mind.
  2. Expert assistance and attorney referrals to help you understand the Franchise Disclosure Document.  What it really means.
  3. Franchisee Satisfaction Reports answers the question:  Are franchisees happy in the franchise?
  4. What questions do I ask of the franchisor and franchisees? 

Your consultant will provide the right questions and in most cases be on the call with you.

Will I make the money I want and need to make?   

Tools from Right Franchise to provide real numbers that are understandable and make sense to you.

  1. Easy to understand Performa’s (spreadsheets) with gross revenues, expenses and net (take home) income.
  2. How to ask the financial questions of other franchise owners.  Again Right Franchising will guide you to the right questions to ask.
  3. How soon will I see revenue coming in?  (You will know before purchasing your franchise)
  4. How much money will I need during the ramp up period?  (A step in the due diligence process)

Step by Step Process

Step 1:  Contact Me

Call or email me to schedule a time for a personal consultation.   Gayle@RightFranchising.com or 281.642.8280.

Step 2:  Consultation and Business Characteristic Assessment

We will have an in-depth conversation to understand your goals, passion and investment range.  The information gathered will provide criteria for a more strategic search applicable to your personal and financial needs.  This assessment helps us both understand your goals, values and desires.

Step 3:  Research

I will use the information provided by you to search through hundreds of top-shelf franchises. Our company will also verify that the demographic area you are interested in is available. Through research, Right Franchising will identify quality franchises that match your criteria, your desired lifestyle and your goals.

Step 4:  Recommendations

The selected franchise concepts are presented to you (and any partners) along with data and reasons why they would be a viable choice.  This step will either take you to Step 5 or back to Step 3 where additional choices may be recommended.

Step 5:  Introduction to the Franchisor

I will introduce you to the right person with each franchise, and together we will investigate and learn about the franchise.

Step 6:  Investigating the Franchise

You will be provided with all the research tools and support to fully investigate the franchise including: guides for the franchise disclosure, funding options, validation, analysis, Performa’s and more.

Step 7: Make an informed decision


Forecast Graphic

All forecasts are pointing to optimistic economic growth in 2021. Reuters discusses the U.S. Retail Sales growth forecast

“We are very optimistic that healthy consumer fundamentals, pent-up demand and widespread distribution of the vaccine will generate increased economic growth, retail sales and consumer spending,” NRF Chief Executive Matthew Shay said in a statement.  Read More


Credit Debt Graphic

What are the loan options available to you when buying a franchise? You may be surprised at the options and the Small Business Administration (SBA) has some significant benefits to new applicants for a 7(a) loan, 504 loan, or Microloan. These SBA loan benefits are significant that include waived fees and delayed payments.

We work with funding agencies that specialize in lending in the franchise sector. Whether an SBA loan, commercial loan, self-directed IRA, equity line, or other funding options are right for you is based on your personal financial situation. Contact our office to find out about pre-qualification and to learn.

Quotation regarding your goals

Dog Training is Booming!

Read below to find out why.

The People Who Got Puppies Were in Over Their Heads

Now professional dog trainers are all booked up. While you wait, they have some advice to share.

Click here to read the New York Times article.

If you would like to know more about successful dog training franchises that have increased their revenue during COVID-19 by 25%, please schedule some time with me using my calendar below.

Gayle Sutton
Certified Franchise Consultant, BAI

You can easily see my real-time availability and schedule time with me at https://calendly.com/gayle-2020
Cell: 281.642.8280
Gayle@RightFranchising.com
www.RightFranchising.com
https://www.linkedin.com/in/gaylerightfranchising4you

Looking for a Future Instead of a Job?

This business opportunity offers you a solid opportunity to become successful on your own terms!!

Red push pin with the word billing

This is a medical/dental billing opportunity.  You can make a good income doing medical billing for 4 or 5 doctors in your area.  This business is a combination of computer technology with the right software and healthcare.

As you know, healthcare is recession and COVID-proof.  Healthcare is booming, especially with over 80 million baby boomers who need good healthcare.

So, why investigate a business that does medical billing?

  • Doctors must outsource, just to keep up and avoid errors on claims, so they can get paid.
  • Respected Career
  • Recession and COVID-proof
  • Work from home
  • No experience or license necessary
Multiple insurance papers sample graphic

So, why investigate this business?

  • 27 years in business.
  • State of the Art software that gets updated almost daily with changing laws, etc.
  • Strong support and training. 
  • Low cost to buy this business.

So, what is the cost?

There are 3 price levels of this business.

Cost ranges from 24,995 to 49,995.

It depends on which services YOU wish to add to meet the doctor’s needs. Choose to be a boss – not an employee.

If you’re interested in learning more about this franchise, please schedule a 30-minute time slot on my calendar below.

You can easily see my real-time availability and schedule time with me at https://calendly.com/gayle-2020

Are You Ready to Help People and Their Dogs?

Are you looking to start a pet-related business working with dogs and people?

If so, then THIS franchise offers the best training for dogs while making a difference in people’s lives, just like the Dog Whisperer!

The owners in this franchise have increased their revenue by 25% in 2020.

Text Box: COVID and 
Recession 
Proof!

As dogs and other pets have become more of an important part of the family, there is a tremendous need to for our services. Unlike other businesses, you really need to have a passion and love for dogs to be successful. But other than that, there’s really no limit in customers and growing your business! Think about it; you can earn a nice income.  

  • Low entry cost with a very good income.
  • Around $50,000 and with good credit you can get a loan.
  • There are almost 80 million dogs living in households as family pets.
  • The pet industry has seen amazing growth over the past 15+ years.
  • in addition, according to an annual report on pet industry spending, Americans spent over $50 billion in 2014 on their pets.

A great business for dog lovers!

Learn how to become a certified professional dog trainer through our proprietary training system that really works! Not only will you learn how to become a dog trainer but you will also learn how to earn a good living doing it. 

Because our franchisees are fully trained in our proven system through a combination of hands-on and classes and support, you can have little or no experience and still be fully trained in just two to four weeks!

What are the benefits of our pet franchise?

  • An easy business that you can truly run from your home.
  • Enjoy your freedom with flexible hours that you set for yourself.
  • Low start-up costs because you don’t need special equipment or to rent a location.
  • Because of a stellar reputation in the industry, it gives you instant credibility.
  • Meanwhile, the market – dog ownership is on the rise in the United States, creating a huge opportunity for professional dog trainers.
  • Learn the secret of successful dog training while the franchise helps drive clients to you with state of the art SEO technology and more.
  • And finally, training is human and natural.

Here’s what you need to be successful (with dogs and people):

  • Love dogs and working with people
  • Have great communication and sales skills
  • Are highly motivated and are committed to success
  • Want a flexible schedule and freedom from the 9 to 5 grind.

So, that’s pretty much it. We will teach you the rest!

In conclusion, if you’re interested in learning more about this franchise, please schedule a 30-minute time slot on my calendar below. You can easily see my real-time availability and schedule time with me at https://calendly.com/gayle-2020

Gratitude: More Than a Feeling

https://www.canstockphoto.com (c) Can Stock Photo / liveslow

“I would maintain that thanks are the highest form of thought;
and that gratitude is happiness doubled by wonder.” G.K. Chesterton


Expressions of Gratitude

There are various words used to express gratitude: grateful, acknowledge, appreciate, treasure, and thankful, to name a few.  For many people, this time of year is when they start counting their blessings and looking back on the past year. They gather their thoughts and reflect on people or experiences for which they are grateful. People believe that gratitude is what feeds their soul. What does gratitude mean to you? How do you show it? Looking for ways to express that gratitude in a meaningful way? Below are examples of how you can show your gratitude to the people you know and love.

How is Your Gratitude Expressed?

Gratitude is more than a feeling, and it’s not enough to just feel grateful.  You need to do something with it – that’s where acknowledgement comes in. For example, tell your friends and family why you’re grateful to have them in your life. Acknowledge the impact of their friendship, their support or their love. Whether you sit down to write a note (or email or text), be specific about how they touched your life. Make them feel your gratitude.

How do YOU Show Appreciation?

What do you appreciate about your life? Is it your family? Or your job? Or your health? Or your community? As we and our loved ones, get older, we may not remember his name (Augusten Burroughs), but we remember the quote: “When you have your health, you have everything. When you do not have your health, nothing else matters.” And that is SO true! When you’re in ill health, it’s hard to think of much beyond your personal situation. Being healthy allows you to be more active in your life, business and community. There are many ways to show appreciation in your community for the gifts and blessings you have. Maybe you can assist someone who’s house-bound or bed-bound. Maybe start a food drive to help your local food bank, or drive the van that takes meals to senior citizens. What about a coat drive for foster children – for some, gratitude is a warm coat.

Do you treasure the people in your life? Do they know who you feel about them? And, I’m not just talking this time of year. J Do you show them, in small ways, how much they mean to you? It doesn’t take much – a heartfelt message written in soap on the shower door, having dinner ready on the table for you after you come home from a long day, or clean and folded laundry! Just that fact that someone notices and treasures what you do for them on a daily basis is another form of gratitude.

Whether you are giving thanks for a thoughtful note, a visit from a friend, a delicious meal or a thank you for our service members for keeping this the land of the free and the home of the brave, keep that feeling in your heart all year.

Remember this thought as you go through life – “Gratitude turns what we have into enough.” ~ Unknown.

I hope you have a wonderful Thanksgiving.   If this year, we see our families on Zoom instead of in person, let us be grateful they are well, and hope that next Thanksgiving we will be back to normal.   And in that vein, I plan on having an “Attitude of Gratitude!”  

Interesting Franchise Opportunity

WoodenHouse graphic

Are You Looking for Potential 6 Figure Revenue?

Would you like to run a business that has the following attributes?

  1.  It is in the senior market but not healthcare.
  2. It has multiple streams of revenue.
  3. Average franchise revenue is around $450,000.
  4. Very little overhead, so expenses are very low.
  5. Presently working well in our COVID-19 environment.
  6. Have repeat customers and very little competition.
  7. Simple and fun to run.
  8. Scalable.  You can hire teams to run the business.
  9. Low cost of entry:  Total investment $67,600 to $78,800
  10. Loan requirements are minimal:  700 credit score and around $30,000 down payment.

GREAT NEWS!! Currently, this franchise is delaying royalties for 3 months and helping pay your marketing expenses for 3 months. 

If you would like to know more, please schedule a 15 minute appointment with me, Gayle Sutton, Franchise Coach. You can easily see my real-time availability and schedule time with me at https://calendly.com/gayle-2020

Business Ownership vs. Employee

Business Ownership vs. Employee graphic

What are some of the differences between business ownership and a job? 

Below, is a comparison of the differences of business ownership and being an employee. Only you can decide which one is right for you! Is it your time?

Business Ownership

  • You are the last one fired
  • You see problems coming so you have a chance to react
  • Business Owners are leaders, so you have to like leading and mentoring others!
  • Not every day is perfect, but you do have the ability to adjust and control the outcome.
  • Three income streams:
    • Paid a salary
    • Tax savings
      • When you pay $100 for a cell phone, you have to have $150 in income to pay for that.  But when you own a business, you can deduct all or a portion of those expense to the business.
      • A person that was making $100k with a job can have the same or a better lifestyle making $70k with a business for this reason.
    • Growth equity
      • You are paid a sum multiple times your investment when you sell. For example, if we have businesses that cost $50k up front, but sell it in 7 years for $1.2 million, that’s 24 times your original investment!
      • You get a piece of the growth of the company you contributed to.
      • Wealth accumulation when you sell that business.
  • Lifestyle
    • Free to make your own schedule
    • Free to take vacations whenever you want
    • Freedom to take care of your family needs as they arise
  • Unlimited potential on salary and earnings, you can take an owner’s draw and pay less taxes
  • Opportunity to be paid for passively running the business once it is in motion
  • You make the rules
    • There is no boss to report to; you are the boss
  • Able to wear the clothing that is comfortable to you
  • Pride of ownership
  • You choose the clients you want to work with
  • Sphere of influence is different; you can make and meet prominent figures as a result of your mutual business
  • Passion of what you do help the economy by creating jobs

Employee

  • Steady paycheck as long as you hold the job.
  • Health benefits are offered by some employers. 
  • The risk you run is minimal, but time is not normally on your side.  See below.
  • Paid a salary.
  • Unfortunately, you can be fired or laid off at any time! There usually is no warning or chance to react in these situations.
  • As you age, you become less valuable to the company.
  • Newest employees are the first to be let go.
  • In the past, employees that were 55 or above saw their income continue to grow.  Now. it grows until age 40.
  •  So statistically, there is a greater likelihood that your income will go down as you age instead of up, and isn’t that the most important time for it to be high, when you are preparing for retirement?
  • All statistics show not only will you have less job security, but your income will actually go down. For example:  You were with your old company for 10 years and you got laid off.  At the new company, where do you think you will be in the list when they need to do layoffs? 
  • Pay is always the same no matter how many hours you put in on the job!
  • Always get paid for work done, can never be passive income.
  • You always have to consider where your employer is located and if it’s a reasonable distance to your home
  • You are a subordinate.
  • Must follow dress codes.

Please see article on how USA’s present employment is on par with the Great Recession of 2008. https://www.bbc.com/worklife/article/20200327-unemployment-during-coronavirus-the-psychology-of-job-loss

Check out this video of how you can purchase a franchise and still afford lunch!

For more information on smart business ownership, contact Gayle at 281.642.8280 or Gayle@RightFranchising.com

Right Franchising June Monthly Newsletter

Change is on the Horizon 

Each day I am hearing of more franchise businesses that are re-opening and who are bringing on brand new franchisees.  This is exciting news in light of the current situation.  We are a strong nation who is starting to see our cities and states reopen.

I came across a great quote recently “Change will come our way.  We can go through it or we can grow through it.  We grow when we seek out solutions rather than let obstacles hinder us” by George Couros, educator, and Innovative Teaching author.

His timing couldn’t be more perfect.  We are all finding ourselves dealing with some amount of change.

What does your change look like?  Is now the time to change your future?  Is pursuing the dream of business ownership on the horizon?  Don’t let obstacles hinder you.

Regardless of whether you choose to open your own business or become a franchise owner, researching early on is the single most important step in making your decision.

  • What business?
  • Is there a market?
  • Can you afford it?
  • Can you make enough money to make it worthwhile?

As your franchise consultant, I am here to provide guidance and support as you navigate your way through the process.  Don’t hesitate to reach out with any questions or to discuss things further.

I represent a large variety of franchise brands including essential franchises that work during the Pandemic.

These businesses are recession-proof and have strong ROI and profit margins.  Contact me for more information at 281.642.8280.

You’re Awesome!

Are you scared of taking chances and doing what truly makes you happy, so you often conform to other people’s opinions just to fit in?

Happiness is what everyone should achieve in life, while avoiding stressful situations, uncomfortable emotions, and challenging obstacles.

Always be happy, because having any other emotion is unnatural.

Excerpt from the Best Motivational Article Ever written by Phil Janecic, MIND OF STEEL

Blue bar

I know these are crazy times, but I wanted you to be aware of how the government could substantially help you.

Our lenders are working with SBA to facilitate what is called a FORGIVENESS LOAN. What this means is that if you want to own a franchise now, you can get the first six months of your payment (loan and interest) FORGIVEN! That is, you do not have to pay the first six months of monthly notes on your business. You do not have to pay this EVER! This program ends September 27, 2020.

Read more here: https://lnkd.in/gaWjGtc
#SBAForgivenesssLoan

How Veteran Business Owners are Using
Their Military Crisis Skills During Pandemic

PuroClean restoration specialists do deep Covid-19 cleaning for the Barlett Fire department in TN.  Steve White, the company’s president and COO, instituted protocols from day one to ensure business operations continue in case of any unforeseen disaster, something he learned as a former U.S. Army infantry officer. Read more!

FOR MORE INFORMATION ON FRANCHISING, PLEASE CONTACT:

Gayle Sutton, Right Franchising, LLC.

EMAIL: Gayle@RightFranchising.com

PHONE NUMBER: 281.642.8280

Gayle Sutton is an experienced franchise consultant who will share her inside secrets into the world of franchise ownership with you. Right Franchising has developed a unique successful process for matching our candidates with the right franchise, providing the expertise and tools to help each candidate make an informed decision. Right Franchising prevents costly mistakes and has successfully placed candidates and investor groups in franchising in 12 years. 

Do YOU Need a “Forgiveness Loan?”

Could You Use a Forgiveness Loan Graphic

I know these are crazy times, but I wanted you to be aware of how the government could substantially help you.

Deadline is Approaching

Our lenders are working with SBA to facilitate what is called a FORGIVENESS LOAN. What this means is that if you want to own a franchise now, you can get the first six months of your payment (loan and interest) FORGIVEN! That is, you do not have to pay the first six months of monthly notes on your business. You do not have to pay this EVER! This program ends September 27, 2020.

As you know, we provide a service that matches you to the right franchise. Our services are at no charge, but provide a vital service so you avoid costly mistakes. We help you find the right franchise that is the right fit for your lifestyle, what you really want to do and fits your financial requirements.

Peace of Mind

Now may be just the right time while you have the time to investigate the right franchise for you. Not only do you have a chance to validate the franchises through our process and make an informed decision, you also can have peace of mind while starting the business with this new loan program where the federal government pays the first six months of your loan.

If you are interested in learning more, please schedule 15 minutes on my calendar below. I will be honored to explain this new program to you. Together we can get through this!

You can easily see my real-time availability and schedule time with me at https://calendly.com/gayle-2020