The 3 Layers Of Possibility In Franchise Ownership
with Franchise Insiders – Ray Fanning & Terry Coker
The Fine Print: The video on this page explains the “3 Franchise Ownership Models” to consider when investing in a franchise opportunity that every executive, business owner and investor needs to know so you can make an informed decision and “Hire Your Best Boss”.
There Are 3 Layers Of Possibility In Franchise Ownership
Success leaves clues.
And, choosing the best franchise management model that works for you starts with understanding the 3 layers of possibility available when investing in a franchise opportunity.
Exponential Growth is Possible When You Invest In The Right Franchise For You
If you are working a job right now, you know that your time is attached to an hourly rate or an annual salary. And, you also know that there are limits to your earning potential.
When you invest in the best franchise model for you, there are exponential growth opportunities available to you.
The key is choosing the type of franchise that best suits your current reality and future goals.
There are 3 main ways for you to invest in a franchise opportunity. Each one has their benefits depending on your available time and capital.
The “Owner / Operator” Model
In the “Owner/Operator Model” you are working “in” the business providing some labor component, while working “on” the business. You can expect to put in 20-30 hours per week of your time and can anticipate investing $75,000 – $100,000 to get started in a “Owner/Operator Model” franchise opportunity.
The “Manage The Manager” Model
In the “Owner/Operator Model” you are working “on” the business providing leadership, financial control, revenue growth and you will be “managing the manager”. You can expect to put in 40-60 hours per week of your time and can anticipate investing $125,000 – $450,000 to get started in a “Manage The Manager Model” franchise opportunity.
The “Investor” Model
In the “Owner/Operator Model” you are working “on” the business providing leadership, financial control, revenue growth and you will be “leading the management team”. You can expect to put in 5-10 hours per week of your time and can anticipate investing $500,000 – $2,000,000 to get started in an “Investor Model” franchise opportunity.
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Ray Fanning, CFE, is an expert in the fields of Franchise Development, Franchise Operations and Franchise Training. His franchise experience includes serving as the president of a retail franchise (Microplay Interactive), vice president and director of franchise operations at a service franchise (Case Handyman Services) and as the chief operating officer of an international casual food franchise (Levante Restaurant Group).
Today as an Independent Consultant with FranChoice, Ray enthusiastically brings his thorough understanding of the franchise industry to help others find their best opportunity.
Terry Coker has been a franchise executive since 2004 and he has helped thousands of individuals and couples with a “Can-Do-Spirit” explore their dreams of franchise ownership.
Terry held exec management roles for 25 years in the radio advertising industry before transitioning into entrepreneurial start-ups and small business ownership. With the experience and perspective of both an executive and an entrepreneur, today Terry focuses on identifying the right fit between and individuals researching franchise ownership and franchise companies searching for leadership, management and marketing talent.
What Our Clients Say
Ray is the ultimate professional. He identifies franchises that fit the lifestyle and needs of his clients. As a new franchisee, he held my hand throughout the entire process. If you are in search of a franchise, consider Ray Fanning.
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