Aaron Bakken’s Post

EV Charging Station franchise investment opportunity about to launch - be the first in line! In a few short weeks we will have the nation's first EV Charging Station franchise ready and launching into the inventory at The Franchise Consulting Company. We expect this to be of serious interest to a lot of investors. As a result, we're giving people the opportunity to hold a place in line for their preferred territory. This does not include any kind of requirement to invest or buy. It's simply so that you get as close to first position as possible to consider the opportunity for your preferred market. Here's why you will want to do this: * This new franchisor is partnered with a $100B, global company * This EV charging station franchise is about as absentee of an ownership opportunity as you will find. Once you build it (with the franchisor's help, of course), your tasks will be limited to occasional cleanup and maintenance visits and thinking about where you want to build your next charging station. * This business will come with referrals for service contracts with major EV commercial users like dealerships, logistics companies (think Amazon / UPS / FedEx's EV delivery fleets as a possibility) and municipalities. * With government tax incentives already in place, your equipment purchases will mostly be covered once the credits are received. * Typical markup on the electricity you sell is 3x what it costs you, and potentially more depending on your market. * With government mandates in place for manufacturers to be producing a minimum number of EVs, paired with a serious shortage of charging stations around the country, the growth opportunity with this business is potentially huge. The biggest question is, do you want to be first to market with this business group once their franchising documentation is ready, or will you wait and take the risk you wish you had gotten in line a year from now? While we don't know the exact investment parameters yet for qualified buyers, my gut tells me you'll be needing at least $250,000 of liquidity and likely a $1M+ net worth. If you want to secure your place in the inquiry line, then please complete my registration NDA here: https://lnkd.in/g2xUM_Fp I will reach out as soon as I hear from you and will be sure you are one of the first to get details on this new franchise business opportunity. Feel free to reach out to me with any questions via email or phone: aaron@thefranchiseconsultingcompany or 608-576-4592

EV Charging Station franchise investment opportunity about to launch - be the first in line! In a few short weeks we will have the nation's first EV Charging Station franchise ready and launching into the inventory at The Franchise Consulting Company. We expect this to be of serious interest to a lot of investors. As a result, we're giving people the opportunity to hold a place in line for their preferred territory. This does not include any kind of requirement to invest or buy. It's simply so that you get as close to first position as possible to consider the opportunity for your preferred market. Here's why you will want to do this: * This new franchisor is partnered with a $100B, global company * This EV charging station franchise is about as absentee of an ownership opportunity as you will find. Once you build it (with the franchisor's help, of course), your tasks will be limited to occasional cleanup and maintenance visits and thinking about where you want to build your next charging station. * This business will come with referrals for service contracts with major EV commercial users like dealerships, logistics companies (think Amazon / UPS / FedEx's EV delivery fleets as a possibility) and municipalities. * With government tax incentives already in place, your equipment purchases will mostly be covered once the credits are received. * Typical markup on the electricity you sell is 3x what it costs you, and potentially more depending on your market. * With government mandates in place for manufacturers to be producing a minimum number of EVs, paired with a serious shortage of charging stations around the country, the growth opportunity with this business is potentially huge. The biggest question is, do you want to be first to market with this business group once their franchising documentation is ready, or will you wait and take the risk you wish you had gotten in line a year from now? While we don't know the exact investment parameters yet for qualified buyers, my gut tells me you'll be needing at least $250,000 of liquidity and likely a $1M+ net worth. If you want to secure your place in the inquiry line, then please complete my registration NDA here: https://lnkd.in/g2xUM_Fp I will reach out as soon as I hear from you and will be sure you are one of the first to get details on this new franchise business opportunity. Feel free to reach out to me with any questions via email or phone: aaron@thefranchiseconsultingcompany or 608-576-4592

T-Mobile Franchise For $299: Unveiling The Truth T-Mobile Franchise for $299 Discovering The Truth Owning a T-Mobile franchise for $299 may seem too good to be true in the fast-paced mobile phone industry. The opportunity to own a T-Mobile franchise for such a low cost can be surprising. It may be hard to believe that owning a T-Mobile franchise could be so affordable. Before jumping into this cheap opportunity, make sure to check if it's real and possible. The Allure of T-Mobile Franchise Ownership T-Mobile now stands as a titan in the telecommunications industry, renowned for its innovation and customer-centric approach. Owning a T-Mobile franchise is appealing because you get access to a well-known brand. You also receive strong marketing support. Additionally, you have the opportunity to earn money by selling phone plans and devices. Why the $299 T-Mobile Franchise Raises Red Flags Despite its apparent attractiveness, the $299 T-Mobile franchise offer raises significant skepticism. Legitimate franchise opportunities typically entail substantial fees, encompassing essential elements such as support, training, brand recognition, and ongoing operational guidance. A nominal $299 investment is unlikely to cover these critical aspects adequately. Additional Reasons for Skepticism: Read More Here: https://lnkd.in/d2JsT6JN For Regular Latest Updates Follow Us Here: https://lnkd.in/dZHsHwpK

Understanding different franchise business models . Franchising can be operated through different models such as: COCO, FOCO, FICO, COFO, and FOFO. • COCO (Company Owned Company Operated)– The Franchisor owns the franchise store unit and operates the business itself. Usually these franchise models are operated by the Franchisor in the initial stages of franchising wherein the company wants to enter into a new market or conduct a pilot testing before entering into brand building. • FOCO (Franchise Owned Company Operated)– The Franchisee bears the setup cost, while the Franchisor manages operations, providing the Franchisee with a minimum guarantee or a percentage of revenue as profit share. Since the company handles the daily business, it is preferred when customer handling/experience is essential. This model is typically used where the Franchisor wishes for brand and operations standardisation, market development and awareness. Also, this model helps the Franchisor to expand internationally and identify the best practises for operational procedures. • FICO (Franchise Invested Company Operated)– Franchisor raises funds from investors to open franchises, with investors only providing the investment while the company manages business operations and supply chain. Franchise investors are not involved in business operations. • COFO (Company Owned Franchise Operated)– This model involves the company making an investment in the franchise business, and the Franchisee operates it under the Franchisor’s guidance. However, this approach is uncommon in the industry since most companies prefer to directly manage their business operations rather than relying on Franchisees. • FOFO (Franchise Owned Franchise Operated)– The Franchisor grants its brand name to the Franchisee for a non-refundable franchise fee and a pre-agreed time period. The Franchisee owns the store, while operational costs and a percentage of revenue (royalty) are borne by the Franchisee, and prices and merchandise are determined by the Franchisor. This type of franchise model is usually preferred by brands whose brand name is already established and its objective is (i) Market expansion; (ii) Risk sharing; (iii) Requirement of local expertise, etc. LinkedIn #franchise #FOCO #FOFO #COFO #FICO SastaSundar Marketplace Ltd Rx Aushadhi Dawaa Dost Taskar - India's 1st Healthcare Mall

Laura Michaels editor at Franchise Times reports - "Franchise brokers and third-party sellers active in California would be required to register with the state’s Commissioner of Financial Protection and file a seller disclosure form if new legislation introduced in the senate becomes law. Senate Bill No. 919, sponsored by Sen. Tom Umberg in January and now being considered by the Rules Committee, would cover franchise brokers, broker networks and organizations, and franchise sales organizations; it does not apply to franchisors, subfranchisors or area representatives. The registration requirement, as proposed, would go into effect July 1, 2025, and would apply not just to sellers in California but also to those working with any prospective franchisee who resides in the state, or if the franchise business will be located in the state. It would create a cause of action that allows franchisees to sue for damages and recission if a seller violates the law. Franchisors would likewise be able to sue. Third-party sellers, as part of the registration process, would pay a $250 fee. IFA General Counsel Sarah Davies notes SB 919 was crafted to minimize administrative costs, an important point as the State of California faces a large budget deficit. The bill, which the International Franchise Association helped craft, also calls for the creation of a Uniform Third-Party Franchise Seller Disclosure Form, to be filed by the third-party franchise seller. It would include standardized information covering, among other general points: a third-party seller’s role in the franchise sales process; services the seller might provide; and different ways a third-party seller might be compensated for services. The form would also require the disclosure of a specific seller’s litigation history, how that seller is compensated and the name and contact information for all franchisees to whom the seller sold a franchise anywhere in the United States during the last five years...more" #entrepreneur #entrepreneurship #Restaurants #Franchise #Franchising #FranchiseChat Chainformation RAAMP Altir Industries, Inc. Franchise Pipeline Franchise Development Outsource Ned Lyerly Joe Caruso Michael (Mike) Webster PhD Anders Hall Landrum Randolph Jonathan Martin Michael Scherr Selling Franchises Boot Camp Dr. John P. Hayes, CFE Federal Trade Commission Brian Schnell Jania Bailey, CFE FranNet Red Boswell, MBA, CFE, CFC International Franchise Professionals Group - IFPG Jonny Joseph https://lnkd.in/eab7mpPR

T-Mobile Franchise For $299: Unveiling The Truth T-Mobile Franchise for $299 Discovering The Truth Owning a T-Mobile franchise for $299 may seem too good to be true in the fast-paced mobile phone industry. The opportunity to own a T-Mobile franchise for such a low cost can be surprising. It may be hard to believe that owning a T-Mobile franchise could be so affordable. Before jumping into this cheap opportunity, make sure to check if it's real and possible. The Allure of T-Mobile Franchise Ownership T-Mobile now stands as a titan in the telecommunications industry, renowned for its innovation and customer-centric approach. Owning a T-Mobile franchise is appealing because you get access to a well-known brand. You also receive strong marketing support. Additionally, you have the opportunity to earn money by selling phone plans and devices. Why the $299 T-Mobile Franchise Raises Red Flags Despite its apparent attractiveness, the $299 T-Mobile franchise offer raises significant skepticism. Legitimate franchise opportunities typically entail substantial fees, encompassing essential elements such as support, training, brand recognition, and ongoing operational guidance. A nominal $299 investment is unlikely to cover these critical aspects adequately. Additional Reasons for Skepticism: Read More Here: https://lnkd.in/dMCgehSH For Regular Latest Updates Follow Us Here: https://lnkd.in/dchRV2T9

Commercial Cleaning Franchise Purchase – projectcubiclehttps://lnkd.in/dJmwRnds to Consider When Purchasing a Commercial Cleaning Franchise Janitors and other cleaning personnel have historically been disregarded and undervalued. However, they have now been hailed as essential workers and community heroes during the height of the COVID-19 pandemic over the past two years. It is now important to have cleanliness in public spaces. And right now is the perfect time to consider purchasing a commercial cleaning franchise. Here are some important key factors to consider before purchasing a cleaning franchise. How Does a Franchise Work? Before diving into buying your own franchise, it’s important to understand how a franchise works. When operating a franchise, there are two main parties. The franchisee who is the business entrepreneur purchasing the franchise. And the franchisor which is the company that allows a franchisee to own and operate one or more of their locations. The franchisor is typically responsible for marketing, supplying the brand name, logo designs, products, and training services. But the franchisee takes care of leasing the building, hiring and training employees, and following business standards set forth by the franchisor. How Much Does a Commercial Cleaning Franchise Purchase Cost? If you’re thinking about becoming a franchise owner, it’s important to know how much a franchise will cost. In the early stages, there will be some initial costs for getting the business up and running. But in some cases that cost could be as little as $1,000. In most cases, the average annual cost of owning and running a franchise is anywhere from $50,000 up to $200,000. It is depending on the company, products, services, or other determining factors. Startup costs for franchises typically include things such as brand fees, property loans, administrative fees, insurance fees, inventory, equipment, and more. Additionally, franchisees may be responsible for maintaining a certain amount of liquidity and net worth when first opening a franchise. Are Business Management Skills or Sales Experience Required? (adsbygoogle = window.adsbygoogle

📄✨ Myth vs. Reality: Is the Franchise Disclosure Document (FDD) All You Need for Due Diligence? 🕵️♂️🔍 When venturing into the world of franchising, the Franchise Disclosure Document (FDD) stands out as a beacon of crucial information. It's packed with 23 items detailing everything from fees and initial investment to litigation history and financial performance. Given its comprehensiveness, it's tempting to think that the FDD is the be-all and end-all for due diligence. But does this document alone suffice for making an informed franchise purchase decision? Let's unpack this myth versus reality. The Myth: There's a pervasive belief that once you've got your hands on the FDD, you've got all you need to make a well-informed decision about buying into a franchise. This document is indeed a goldmine of information, mandated by the Federal Trade Commission (FTC) to ensure transparency. However, is it the only resource you should rely on? The Reality: While the FDD is an indispensable part of your due diligence, it's not the sole component. Think of it as a foundational layer—a starting point, not the finish line. Effective due diligence extends beyond the FDD to include: 💬Conversations with Existing Franchisees: Reach out to current franchise owners listed in the FDD. Their experiences, insights, and satisfaction levels can offer invaluable real-world perspectives that documents alone cannot. 📊Market Analysis: Understanding the local market demand, competition, and economic conditions is critical. The FDD won't tell you about local market saturation or specific challenges. 🏦Legal and Financial Consultation: Engaging with professionals who specialize in franchising can help interpret the FDD's legal jargon and financial disclosures, ensuring you fully understand your rights, obligations, and the financial health of the franchisor. 👨💼Operational Considerations: Investigate the day-to-day operations, support structure, and training programs. How much autonomy do you have, and what are the expectations from the franchisor? Broadening Your Due Diligence: The journey to becoming a franchisee is exciting but complex. While the FDD provides a statutory snapshot of the franchisor's business model, financials, and legal standing, diving deeper into independent research, consultations, and analyses is crucial for a holistic understanding of your potential investment. 💡 Your Thoughts? For those who've navigated the path of purchasing a franchise, what additional due diligence did you find most valuable? #franchise #franchising

Did you know that effective financial communication can make or break a franchise business? In the complex world of franchising, transparent and clear financial communication is paramount. Imagine you're considering investing in a thriving juice bar franchise. Effective financial communication is the cornerstone of success in this industry. Imagine this: our average juice bar location generates over $1 million in annual revenue with a solid 30% profit margin. Now, envision owning one of these lucrative franchises. If you're a single-unit owner/operator, with an initial investment of $300,000, including franchise fees and startup costs, your potential ROI exceeds 100% annually. And, if you're a multi-unit owner of the same brand, your returns multiply significantly. Let me show you how! FOR 1 UNIT: Annual Revenue: $1,000,000 Profit Margin: 30% Annual Profit = Annual Revenue × Profit Margin = $1,000,000 × 0.30 = $300,000 Initial Investment: $300,000 ROI (Return on Investment) = (Net Profit / Initial Investment) × 100% ROI = ($300,000 / $300,000) × 100% = 100% So, the ROI for this juice bar franchise opportunity would be 100%. This means that for every dollar invested, you would earn an additional dollar in profit, resulting in a doubling of your initial investment in subsequent years...once you break even in the first year! FOR 3 UNITS: Total Annual Revenue for Three Units: $1,000,000 × 3 = $3,000,000 Total Annual Profit: $3,000,000 × 0.30 = $900,000 Total Initial Investment for Three Units: $300,000 × 3 = $900,000 ROI for MULTIPLE UNITS: ROI = (Total Annual Profit / Total Initial Investment) × 100% ROI = ($900,000 / $900,000) × 100% = 100% As you can see, with a profit margin of 30%, the potential ROI far exceeds the 30% initial investment...a whopping 100% Although this can vary depending on the franchise agreement and industry standards, let's also add the franchisor's profit share percentage which may range anywhere from 4% to 10% of the franchisee's net profit, the potential ROI for both one unit and three units is still approximately 90%. Although my post emphasizes the potential ROI based on the given figures, actual ROI may vary depending on various factors such as the performance of individual franchise units but if you are committed to your success and duplicating the franchisor's system, there is a huge potential for $$$ reward. Ready to explore the potential of owning a profitable franchise? Contact me to discuss your investment opportunities! #FranchiseSuccess #JuiceBarROI"

Exploring the Ascending Trend of Agency and Franchise Business Models and the Vitality of Comprehending TDS (Tax Deducted at Source) under Section 194-H. Agency and franchise business models are experiencing a notable surge, serving as a beacon for aspiring entrepreneurs. These models offer an avenue for business ownership by capitalizing on established brands, tried-and-tested methodologies, and ongoing support systems. Delving deeper: What Constitutes a Recruitment Agency Franchise? A recruitment agency franchise embodies a business structure wherein an individual (referred to as the franchisee) acquires the rights to operate a recruitment agency under the banner of an established company (the franchisor). Franchisees reap the benefits of brand recognition, extensive support mechanisms, and proven operational frameworks, albeit in exchange for fees and adherence to the franchisor's standards. These frameworks particularly thrive within the dynamic terrain of the staffing industry. Mechanics of Recruitment Agency Franchise Models: Franchise Agreement: Franchisees formalize their commitment through a contractual agreement with the franchisor, delineating terms such as fees, royalties, and operational benchmarks. Training and Assistance: Franchisors furnish comprehensive training modules encompassing recruitment methodologies, marketing strategies, and technological adeptness. Brand Authority: Franchisees capitalize on the established brand's cachet to allure both clients and prospective candidates effectively. Operational Protocols: Adhering to the franchisor's guidelines ensures uniformity and adherence to established standards. Royalties and Fees: Franchisees sustain the franchisor-franchisee ecosystem by remitting ongoing fees in exchange for brand utilization and ongoing support. Advantages of Recruitment Agency Franchise Models: Brand Eminence: Instant credibility and market prominence are conferred upon franchisees owing to the franchisor's esteemed reputation. Proven Operational Blueprint: Well-honed methodologies pave the way for seamless agency operations, ensuring efficacy and efficiency. Flexibility: Franchisees exhibit adaptability in navigating through evolving work dynamics and shifting consumer preferences. Understanding the nuances of franchise models and ensuring compliance with TDS provisions are quintessential elements for fostering successful business ventures. 🌟 🔎 In light of this, referencing the case of Bharti Airtel Ltd vs ACIT [TS-135-SC-2024] further underscores the importance of navigating tax obligations adeptly within the framework of agency and franchise operations. #dtwitheshaan