| Frequently Asked Questions | Become a Consultant |
Q. How Do I Earn Money As An Affiliate Consultant?
If
you are able to refer a qualified prospective franchisee to a
franchisor and the prospective franchisee purchases a franchise,
you will be paid a fee, known as a referral fee. The fee is paid
by the franchisor and is due once the prospective franchisee
completes the franchise purchase.
Q. Is There A Demand For Franchise
Consultants?
Absolutely.
Over 40% of franchisors work with franchise consultants and the
trend is growing rapidly.
Prospective franchisees are also electing to retain the expertise
of franchise consultants more than ever. It is estimated that more
than 45% of all franchises purchased are bought with the assistance
of a franchise consultant.
A survey taken by FranchiseHelp indicates what their website visitors
wanted more access to:
“Several months ago, members of the FranchiseHelp Research Team began
a research project with one very specific aim: To find which types
of supplier companies franchisors and franchisees currently used the most and
which types of supplier companies they were most in need of. Now,
with help from our many participants in both a questionnaire research study
answered by franchisors and franchisees, and a second study related to our
website member supplier interests, we have compiled our findings.”
Findings from Questionnaire Study of Franchisors/Franchisees:
"In
our attempts to connect franchisors and franchisees to the best possible supplier
companies, we’ve found that the most currently
used and the most needed suppliers are as follows:”

Franchise Consulting Ranked #4 out of over 20 various industry
categories.
You may also note that as a FranchiseOfficer Affiliate
you will be able to offer financial services, real estate and site
selection assistance which also rank in the top 5 most needed services.
Q. How Many And What Types Of Franchises Would I Represent?
We
represent every type of franchise possible. Ranging from Internet Services
to Hotels and newer to mature franchises. You would have access to over 320
franchises and our portfolio is continuing to grow!
Q. Why Do Franchisors Work With Franchise Consultants?
A
consultant brings the franchisor prospects who are better prepared, educated,
motivated and interested. In most cases, the prospects that a franchise consultant
introduces to a franchisor would never have considered the franchisor otherwise.
It is a very cost effective marketing resource for the franchisor.
Q. What Is The Advantage Of Dealing With A Consultant?
Similar
to how real estate brokers help home buyers, a franchise consultant is able
to match a franchise buyer with franchise opportunities that are exactly compatible
with his or her interests, goals, qualifications and financial means. As a
result, the franchise consultant is able to save the buyer a substantial amount
of research, time, money and effort, all at no cost to the buyer. FranchiseOfficer even
goes above and beyond and offers many other valuable services and tools to
the franchise buyer. We refer to our additional services as our “Franchise
Advantage Services”.
Q. Will It Ever Cost The Franchise Buyer More To Work With Me Than
To Go Directly To A Franchisor?
No.
Our services are 100% free and will never cost the franchise buyer more than
if he or she went directly to any franchisor.
Q. I Don’t Have Any Experience In Franchising. Can I Still
Become An Affiliate Consultant?
FranchiseOfficer,
Inc., will furnish you with all the tools, training, information, franchises,
and ongoing support that you will need. Having experience in franchising is
beneficial but not a prerequisite in order to be successful. However, like
any business, you may or may not be suited to this profession. Successful franchise
consultants are individuals who possess strong communication skills, enjoy
working with people, entrepreneurial, organized and properly capitalized.
Q. Do I Need Any Sales Skills?
No, there
is no selling in our business. However, sales ability in any business would
be beneficial. If you can present things in a professional, educated and positive
manner to prospective franchise buyers then you should be successful. We leave
the real selling to the franchisors once the prospect and franchisor begin
to communicate.
Q. Why Can’t I Start This Business On My Own?
You
can. However, you will more than likely make a great deal of mistakes that
we have already learned from in the past. We show you all the “do’s” and “don’t’s” in
the field of Franchise Consulting. We made costly mistakes so you don’t
have to. To start a franchise consulting business without any experience would
be a daunting and costly task. Additionally, we represent the world’s
largest portfolio of franchises. It would require years of effort to develop
such a large portfolio.. Some independent franchise consultants have portfolios
of only 20 or so franchises after 3 or more years of business.
Q. What Kind Of Ongoing Support Can I Expect?
Our
support is the best in the business. We have even had other independent
consultants become affiliated with our network just for the support that we
provide. Through a toll free number and email you will have constant access
to a dedicated Senior franchise consultant. We are committed to your success
and readily wait to support you whenever you need and in any way possible.
Even, if you are planning to hold a franchise seminar, we will book a flight
and join you at your request. We also offer monthly training calls that cover
every aspect of how to succeed as a franchise consultant. We cover everything
from the psychology of a prospective franchisee to marketing. We also hold
regular conference calls with the franchisors that we represent to further
educate our network. Our training is excellent and continues for the life
of your business.
Q. Do I Pay Ongoing Royalties To The FranchiseOfficer, Inc.?
No.
Our network of Affiliate Consultants are not franchisees. We do not have any
control over their business and do not enforce fixed royalty payments. We earn
a nominal 10 percent override that is deducted from referral fees received.
Q. Can I Operate As An Affiliate Consultant On A Part-Time Basis?
Yes.
However, this is a real business that will require dedication, time and perseverance.
Like any business, the more that you can commit to it the better you will do.
If you would like to earn a certain level of income, you will have to allot
the necessary time and resources to achieve your goals.
Q. Do I Need To Have A Professional Office?
No.
Many consultants operate from a home office. You will only need to have basic
office equipment and supplies such as a telephone, computer, fax, printer and
other small miscellaneous equipment and supplies.
Q. What Would Be The Next Steps Involved In Learning
More?
If
you believe that becoming a Franchise Consultant makes sense, please contact
us. We’ll answer any other questions that you may have
and send you further information.
Related Information:
Lifestyle & Benefits
Our Focus
Our Values
Frequently Asked Questions
Learn More