For potential business owners, franchising is the ideal way to open the door to independence. The team at Frannexus are specialists in the field, offering their unparalleled knowledge to support clients. Named Leading Franchise Acquisition and Development Specialists of the Year, USA in Acquisition International’s Leading Advisor awards, we thought we’d take a look at some of the secrets of this team’s inimitable success.
The United States of America is built on the ideals of the American Dream. The idea of a place where anyone, no matter who they are or where they come from, can thrive and reach their fullest potential is one that people still aspire to. Through hard work and determination, they can achieve greatness.
The COVID-19 pandemic has unsettled many established norms across numerous industries. People have become less confident in their work or have lost their jobs altogether. The idea of starting their own business is one of the ways in which they can recapture some of the ambition of the American Dream. For many, however, the uncertainties involved in establishing a business make it an impossible prospect, particularly in these uncertain times. To build a brand and identity that can go toe to toe with larger competitors is no mean feat, but franchising is a way to be part of something greater while still maintaining a degree of independence.
Franchising offers an enormous boost for those who want to become independent. Under the aegis of a larger business, individuals or investors can open a business while maintaining a support network that can guide you to success. By buying into a successful brand from a willing franchisor, the chances of a business failing diminish significantly. There is an impressive market for this which makes it a different sort of challenge – with so many options, which one is best?
Frannexus represents over 350 vetted brands across the USA and is uniquely qualified to match their demands with the dreams of their clients. The team has no obligation to sell a specific franchise; instead, they empower others to find a solution that fits them and their needs. With a wealth of different operating styles, from semi-passive to owner-operator models, there is something for everyone at Frannexus.
The team works with organizations of every sort, from nationally recognized businesses like SuperCuts and Meineke to emerging brands that are only just getting started. Franchisees who turn to Frannexus could potentially be part of a rapidly growing enterprise such as Orange Theory or Budget Blinds. No two franchises are alike, and an enormous range of companies work with Frannexus. Each is carefully vetted to ensure that they will offer the guidance and support that franchisees need.
The decision to become a franchisee depends on many different factors. Experience, goals, and budget play practical concerns, but starting a business also requires consideration of the passion an individual might have for the industry and their lifestyle requirements. The Frannexus team works closely with clients from the start to truly understand what they want and need and establish if these dreams are best achieved through franchising. When it comes to exploring so many different options, it pays to work alongside partners who know what questions to ask and get the necessary answers across multiple business models and industry sectors.
Over the years, the Frannexus team has worked with hundreds of clients, walking by their side as they explore the various options surrounding whether or not franchise business ownership is the right decision for them at that time. As mentioned before, the team’s loyalty is not to the franchisors but potential franchisees and business owners. They offer the tools necessary to succeed, but they never push another organization’s plan on their clients. Being able to maintain this level of trust rewarded Frannexus immensely over the years. Their reputation is unsurpassed. Needless to say, they are not just a franchising matchmaker but trusted advisors who ensure that their clients know for sure if operating a franchise is right for them.
For those who are just entering the industry, or perhaps just considering the possibility, the wisdom of others is an invaluable tool. The Frannexus team has simplified an incredibly complex process into one which is more streamlined and directed towards getting a great result for all concerned. With over 4,000 different opportunities on the table from around the USA, finding a way to narrow down the options is essential.
For Frannexus, the process begins with a psychometric assessment. This generates a business owner profile that can then predict client compatibility, future performance potential, and cultural alignment with franchise brands. From this information, the team can establish not only what areas to explore but also which areas they must avoid. It’s a powerful resource that sets Frannexus’ way of working apart from the competition and allows a great deal of the advice given incredibly personalized.
Powerful psychographic assessment tools are part of Frannexus’ commitment to treating each new client as thoroughly unique. As no two people are the same, the advice given by the Frannexus team is always bespoke while being built on years of expertise within the industry. When it comes to running your own business and taking control, a need to be passionate about it and sustain interest and momentum for years is vital. That’s why, beyond the impressive knowledge of the team, Frannexus considers their client’s personalities first and foremost. The ability of the team to provide such a tailored service is part of the reason why so many continue to turn to them for support to this day.
Historically, franchises have taken all sorts of shapes and sizes. Where some will thrive in a “bricks-and-mortar” store, others will prefer the option to work remotely. While money is a major factor for many, the satisfaction of working in a role that satisfies is an important consideration. The Frannexus team knows their clients are looking for fulfillment in every sense of the word and that they might hold the key to securing that for them. The most successful franchises are the ones that have active owners who are engaged in their success. Too many people think that a franchise is an absentee proposition where they can simply hire staff to make it happen. All businesses need a great deal of care to ensure that they can thrive and grow to new heights of effectiveness.
Even when the right franchisor has been selected, it’s important to undertake due diligence. The team at Frannexus has access to an incredible amount of information that many franchisors do not make publicly available, allowing their clients a unique insight into how a business operates. The tools used are designed to make the more profound investigation of franchise opportunities as painless and informative as possible. This includes a no-cost consultation with a franchise attorney. Having access to such a wide field of resources is a significant part of the team that has achieved such success.
The accomplishments of Frannexus have been recognized numerous times over the years, including within the pages of Acquisition International. The team’s approach to their work, under the leadership of CEO Seth Lederman, is inspirational. At every level, their attitude trusts their team to deliver exceptional results and inspires the clients they are working for to aspire to even greater heights. The environment at Frannexus fosters growth and development at all times. Thanks to a flat organizational structure, everyone involved at Frannexus can use their own unique skills to enhance the company’s offering and be rewarded for their efforts as a result. The result is a team that loves their work and loves helping others to achieve their own visions of success.
Many people who turn to Frannexus are looking for a career transition alternative or are investors looking to diversify their investment portfolio. A well-run franchise can offer formidable returns on initial investment if done right. The COVID-19 pandemic shook many people severely in terms of their life ambitions and in terms of their job security. While the concerns of the pandemic affected everyone significantly, the Frannexus team found an incredible increase in demand. 2020 saw the team support more clients to transition from jobs into business ownership than any year prior.
The world flipped upside down for many of these people, and they wanted a sense of control. Those who suddenly found themselves working from home suddenly realized that they didn’t go back to the office. With attractive loans on offer from the SBA, many realized they didn’t have to either. The resources were on hand, and the opportunity for change presented itself. It was the chance to make a dream come true. The natural next step was to consult specialists in the field in the form of Frannexus.
These people are typical of those who Frannexus has traditionally helped but in atypical circumstances. Entering into a brave new world is no easy task, and the assistance offered by the Frannexus team is an enormous help. Their expertise helps people to make better decisions in considerably less time. There’s no need to worry about whether or not you have been able to gather all the necessary information to make a decision – the Frannexus team have you covered on all fronts. Their exemplary work ethic and proven systems mean that you can move forward with total confidence.
Choosing a franchise is not for everyone, and once the decision to take one on is made, it can be immensely challenging to identify the right franchise in what is such an individual path. The work of Frannexus does not just revolve around matching up a franchise opportunity with people but in ensuring that the franchise they opt for is the right one for them. The work that they do has never been more critical. The Frannexus team empowers people to make their own decisions by giving their clients as much information as possible. If the American Dream allows everyone to work hard and achieve their own success, Frannexus is a vital part of bringing that dream to life.
For further information, please contact Seth Lederman or visit www.frannexus.com