Why NOT a Franchise
Why NOT a Franchise
Crucial Link
When we created Crucial Link there was a lot of dialogue about becoming a Franchisor. However, when we brought in Franchise experts and discussed the process, we quickly realized that the Franchise model was not a fit for our vision. Below are a few examples of why we chose the Owner/Operator Model.
Franchise
- The average required net worth is $250,000 and liquid assets up to $250,000 to cover fees & expenses.
- The franchise’s rules and regulations hamper the innate creativity of the franchisee.
- It takes years to ‘own’ the company.
- Franchisors do not commonly offer an exit strategy. They want you paying their fees as long as possible.
Crucial Link
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NO net worth or liquid asset requirement, NO initial fees, or expenses.
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We teach you the system to be successful. We encourage the Owner/Operators to use their creativity in problem solving and improving the business’ processes.
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Build equity in the business from Day One.
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Knowing when to and being able to exit is essential in your millionaire ownership strategy. Together, we will build it into your overall plan.
We also realized that Franchise requirements ruled out the type of people we wanted to work with. The policies were too rigid, and the financial requirements disqualified too many of the best people out there.
People like:
Hard Working/High Skill Set Dreamer: Willing to put in the hard work to become successful but does not have either all or some combination of net worth, liquid capital, or bankable idea for a business.
Non-Conventional Previous Employee: There are scores of jobs where it’s not apparent that there is a match in skill sets. Folks like Nurses, Teachers, Food Servers, Factory Foremen, Coaches, and others all possess the skills needed but RARELY have the opportunity to own and operate a business.
Reticent Investor: They are below prerequisite net worth and liquid capital and are hesitant about extending themselves and risking investment for one reason or another.
Hyper Skilled Producing Staffing Professional: They rise to the highest level they can within their company but are stunted from further growth by company culture/hierarchy.
