Billions of Dollars in Junk

Did you know that the junk removal and hauling industry is a multi-billion dollar a year industry? I guess with shows like "Hoarders" on A&E it shouldn't be too much of a surprise. I've often wondered what people do with all the stuff they can't sell at a garage sale...call a junk removal company??!!

Meta-Franchise Consulting is proud to represent Junk King. Not only does Junk King help clients remove old furniture, appliance, lawn waste, tires, auto parts, etc., but they take a "green" approach. Junk King recycles up to 60% of what they collect from customers. So their customers win on multiple fronts: get rid of unwanted items AND feel good about keeping recyclables out of landfills.

Junk King franchisees win in this system too. They will buy back your franchise if you do not meet a minimum of $125,000 in gross revenue in your first year. Their Item 19 shows very strong sales and net margins that leave franchisees with lots of cash. Want to know more?

Express Employment Professional Sets Sales Records

Congratulations to Meta-Franchise Consulting partner Express Employment Professionals! For the week ending August 29, 2010, sales surpassed $39.1 million. Over the last three months, sales for Express franchisees have increased by an average of 60% over sales for the same period in 2009. Additionally, 2010 sales are up 45% over 2009 year-to-date sales. In the last year Express has helped 200,000 find employment!

Be your own boss AND put people in your community back to work! What could be better than that? Email us at metafranchiseconsulting@gmail.com or check us out online for more information about how to join the Express Employment Professionals team.

The 2010 Fast 55

This is the 7th year that FRANdata has compiled a list of the 55 fastest growing young franchises. In order to qualify, companies cannot have been franchising for more than 5 years. Given the economy, it's not too surprising to see that 11 of the top 55 fastest growing franchises come from the Health & Fitness industry and 6 come from Maintenance Services. These industries are classically recession-resistant; people are always concerned about their health, the population is aging, and cleaning/maintenance is always needed.

You can check out the full list here. Meta-Franchise Consulting is proud to represent several companies on the list including: Roni Deutch Tax Center, BrightStar Healthcare, The Utility Company, Senior Helpers, Snap Fitness, Synergy HomeCare, Ductz, and Stratus Building Solutions.

Meta-Franchise Consulting is standing by, ready to help you figure out which franchise system is the best fit for you.

Inhibitors to Becoming a Franchisee

The following audio file discusses the concept of Franchising, as well as the normal factors that inhibit individuals from pursuing their dream of controlling their own destiny, and owning their own business. There are also discussions about:

1) Fear of Change
2) Fear of Failure
3) Fear of the Unknown
4) It's Not The Right Time
5) Effect of Naysayers and Other Firehosers
6) Financial Constraints

While surveys show that 70% of individuals would like to own a business, only a small portion of those people actually take the bold step to become an entrepreneur.

Check out the podcast, titled Inhibitors to Becoming a Franchisee

It is an interview with Dennis Schooley, founder of Schooley Mitchell Telecom Consultants. For more information about Schooley Mitchell, contact Meta-Franchise Consulting.

Pie-Eyed for zpizza

Check out this great article from the Humane Society of the United States about their new alliance with zpizza. Zpizza is a leader in the gourmet and health-conscious pizza segment. They are a fast casual chain focused on delivering a fresh and unique approach to pizza. The Humane Society of the United States has teamed up with zpizza to expand their meat-free menu options. Customers can even choose non-dairy cheese!

Contact Meta-Franchise Consulting for more information on how you can be part of this exciting brand.

Molly Maid Earns "Extreme" Recognition

The following is text from an email that Meta-Franchise Consulting received from one of our most popular Franchisors, Molly Maid.

"Blake Mullins, a producer for ABC-TV's top-rated reality series, Extreme Makeover: Home Edition, recently found himself without a post-construction cleaning crew and only a few hours before the homeowners were to arrive for the family walk through.

Blake later revealed that he and his extended family were Molly Maid customers. He knew we could get the job done, so he phoned our Molly Maid franchisees in Houston, TX, Tony and Susie Kirby, who answered the frantic call at 6:35 p.m. "We need as many maids as you can muster at 3613 Goodhope, ASAP," said Blake, in an exasperated voice. The Kirbys went into speed dial and by 8 p.m. arrived at the house with good hope: a team of maids armed with ample supplies and equipment. Then Blake issued the challenge, "You have only one hour to get this two-story, four-bedroom home ready."

"There must have been 150 people from painters, electricians, designers, to tilers electronics guys, and lighting contractors still working. It was absolute chaos," said Susie Kirby. "But when they saw us, they all began cheering. I felt the adrenaline rush through my body. Our maids experienced a similar surge of energy because we cleaned that house top to bottom and saved the day."

When it absolutely, positively has to get done, who do they call-our Molly Maid franchise owners. Mark your calendar for Sunday, September 26, 8/7c, for the Extreme Makeover: Home Edition season premiere and our Molly Maid to-the-rescue episode."

Please contact Meta-Franchise Consulting at http://www.metafranchiseconsulting.com/Maid-Service-_-Cleaning/Molly-Maid or metafranchiseconsulting@gmail.com to learn more.

Own Your Own Business, <$25k Cash, Part 3

In parts 1 and 2 of this series we covered franchises that can be started for less than $25,000 cash. In the final part of this series Meta-Franchise Consulting will introduce you to business opportunities that can be started for less than $25,000 cash. Business opportunities differ from franchises in a couple of ways. First, a business opportunity is not legally obligated to have the same documentation as a franchise, so you will not receive a Franchise Disclosure Document. Additionally, some business opportunities do not charge a royalty and others have a royalty structure different than you typically see with franchises.

Beans for Dreams: Beans for Dreams is a Fundraising Business Opportunity focused on selling in-demand products that people use on a daily basis The main focus is on fresh roasted, gourmet coffee - supported by organic teas, all natural breakfast breads and gourmet chocolate.

CreditCRM: A business-in-a-box opportunity, CreditCRM provides all of the training and systems needed for you to build a successful credit repair business. You will be able to help your clients increase their credit scores an average of 50 points in 90 days in order to get loans approved.

P.A.S.S.: The Pack and Ship Specialists offer business owners the opportunity to become part of the large pack and ship industry. Owners choose the name of their store as well as the products/services that are offered. With a variety of ways to serve their customers, P.A.S.S. owners enjoy multiple revenue streams and a large customer base.

The Buzz: The Buzz is a free weekly periodical filled with fun, humorous and sometimes useful information. It is meant to be light hearted and leave the reader in a good mood. The Buzz is placed free of charge in businesses such as restaurants, chamber of commerce, oil change facilities, hair salons etc. Places where people have a wait time and would enjoy some free entertainment. As a Buzz Trade Mark License holder, you will partner with local small businesses to help them increase business.

USA for Healthclaims: USA for Healthclaims offers the most sophisticated medical billing program that is second to none. But what good is the software if you don't have any clients? That's why they offer a unique approach to insure their Licensee's success. They will get you leads with doctors in your area that need your services!

If you would like more information about these opportunities, please contact Meta-Franchise Consulting at http://www.metafranchiseconsulting.com or metafranchiseconsulting@gmail.com. We look forward to helping you achieve your dream of business ownership.

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Own Your Own Business, <$25k Cash, Part 2

In the first part of our series on low-cost franchises, we looked at opportunities that business owners can run from home, get started for less than $25,000 cash, and can be managed either part-time or with the help of a general manager. In the second part of our series on low-cost franchises, we will examine opportunities that you can operate out of your home, require less than $25,000 cash to start, and require your full-time participation as the business owner.

AmSpirit Business Connections: AmSpirit Business Connections organizes and supports Chapters of sales representatives, entrepreneurs, and professionals. These individuals are collectively referred to as members and the members pay membership fees to participate in AmSpirit Business Connections Chapters. The members of these Chapters meet on a weekly basis to participate in a structured meeting format where they assist one another to succeed by creating a forum where they can exchange qualified referrals. Are you looking for a professional environment where you can assist others to become more successful?

CarePatrol: As a CarePatrol franchisee you will be assisting seniors and their families make tough decisions by finding Assisted Living or In Home Care in their area. You will contract with area care providers and get paid handsomely every time your client chooses care with one of those providers. You will be helping families at a difficult time in their lives and feel great while doing it, knowing that you have made a difference with each and every client. Unlike other businesses, you will provide your services absolutely FREE to your clients. That's right, FREE. You will get paid by the hundreds of care providers that contract with you to connect your clients with them.

Creative Colors International: Creative Colors International is recognized as the leader in the repair, reconditioning, protection, and color restoration of leather, vinyl, fabric, plastic and carpeting in the automotive, furniture, commercial, and residential markets. The expert technicians of Creative Colors International can restore damaged items to like-new condition while providing their clients with significant cost savings versus replacement; sometimes as much as a 90% savings! In addition to delivering dramatic results, Creative Colors International offers convenience by performing all repairs on-site at their clients' home, office, restaurant, body shop or car dealership.

Furniture Medic: Furniture Medic, the world's largest furniture repair and restoration franchisor, has established a reputation for excellence unmatched in the industry. Their system's success is firmly rooted in their dedication to providing customers with unparalleled craftsmanship and quality service. Utilizing exclusive, technologically advanced equipment, products and processes, the expert technicians of Furniture Medic revitalize valuable furniture and wood pieces, restoring and enhancing their natural beauty and strength. In addition to delivering dramatic results, a Furniture Medic franchisees offers convenience by performing many repairs on-site in homes and offices. Franchisees provide home and business owners an affordable alternative to replacing fine wood furnishings and fixtures.

Inspect-It 1st: Founded in 1991 and franchising since 1998, Inspect-It 1st has been providing first-rate home inspection services. They are striving to be the best home inspection company in the industry and committed to providing quality service, with the integrity that you deserve. Inspect-It 1st offers a number of inspection services for homebuyers and real estate professionals. Franchisees, professional home inspectors, are highly trained and carry both General Liability and Errors and Omissions Insurance. Franchisees are engaged by consumers, realtors, lenders, relocation companies, investors and others to provide an objective assessment of a property's major systems and components. They are generalists who identify if further evaluation by a specialist (i.e. plumber, electrician, structural engineer, etc.) is warranted, so previous experience in construction or the trades is not required. Following an inspection, franchisees deliver a proprietary inspection report (either hard copy, via email, or through an online system), complete with digital photos. Every month franchisees perform thousands of inspections in the residential and commercial markets.

KidzArt: With KidzArt and its programs for all ages, students learn to see the world differently. Franchisees offer exciting art programs with visual and perceptual tools for ages 2-102 that are easy to learn. They make problem solving a fun, transforming and educational experience! Lessons are developed to be challenging without being frustrating. KidzArt helps to create WINNERS and ultimately, THE INNOVATORS OF TOMORROW! There are three investment levels to choose from (Executive, Teach Plus, and Teach) so this is a great opportunity at different investment and owner participation levels.

Lemon Heaven International: Lemon Heaven provides freshly squeezed lemonade, freshly squeezed fruit juices, smoothies, cotton candy, sno cones as well as mini donuts, and other items. Their unique Kiosk Setup, Concession Trailers, Street Carts and Area Carts are built for high volume sales. Currently they offer "Special Event" franchises by the territory or "Site Specific" locations. Their award-winning kiosks, concession trailers and vending carts are extremely versatile and can be operated at a variety of sites. Ideal spots for locating your business include: Sporting events, Concerts, Amusement parks, Arenas & stadiums, Convention centers, Festivals & fairs, Zoos, Malls, Golf courses, Farmer's markets.

New Pro Publications: New Pro Publications, creator of the Caddy Card, has developed a profitable new distributorship program and is now expanding across the United States and Canada. They have been successfully producing the Caddy Card in the Toronto market for over 16 years. They have produced over 5 million individual Caddy Card booklets and have over 2000 clients that advertise inside their Caddy Cards. A Caddy Card is a very attractive, 16 page, custom designed, full color, golf course guide book, scorecard, and training aid all in one. The Caddy Card fits in your pocket and is fun to use. Golfers, golf courses, advertisers, and our distributors all benefit when a new Caddy Card is created.

Pets Are Inn: Love your dog? Thought of putting him a cage for a week or two upsetting? Now you don't have to. Introducing the #1 pet lodging alternative and the most unique pet franchise in the industry. At Pets Are Inn your cherished pet is cared for in a pre-screened private home by dog lovers. The business model has you/and or your staff providing round trip pick-up and delivery. Finally...loving pet care with no cages or kennels. Enjoy vacations and business trips without guilt. Low investment and exceptionally high returns. Easy to run. Simple to manage. And if you love animals...the perfect pet franchise. It's peace of mind for you and a "home environment" for that special member of the family.

SDS Associates: Equipment leasing and financing is not subject to the same regulations that are so prevalent in the banking industry. In fact, equipment leasing and financing is considered to be "unregulated" which is a very good thing. The trend for banks tightening their lending practices has created even more opportunity in the equipment leasing and financing business as business owners who still need equipment in order to operate effectively are turning to leasing as an attractive way to acquire the equipment they need to be successful. The Start-Up Broker Program provides all of the skills, strategies, expertise and support necessary for a new Broker to be successful in this business-necessary industry. They provide all of the skills, strategies, expertise and support necessary to be successful in this well-established, $200+ Billion dollar per year, business-critical industry. Brokers profit from a business that requires very low overhead to operate, and appeals to a wide variety of industry types and equipment markets. It is estimated that approximately 80% of American businesses lease some of the equipment they need to be successful.

ServiceMaster Clean: ServiceMaster Clean is a professional commercial cleaning company with more than 55 years of franchising experience and over 4,500 franchises worldwide. Entrepreneur Magazine consistently ranks ServiceMaster Clean in their Top 10 ranking of Home-Based Franchises and Low-Cost Franchises. Their established and well-regarded reputation will give you a significant head start in the marketplace. Opportunities are now available for new commercial cleaning franchise owners in many of the nation’s largest cities. Their new FastStart program is designed to help new owners in the commercial cleaning category build revenues faster. With a minimum cash requirement as low as $7,800 plus working capital, they can help you reach your goal of business ownership.

Snaggle Foot: Snaggle Foot Dog Walks & Pet Care understands that there's no place like home. So when you entrust them with your beloved family member, they come to you... caring for your dog, cat, and other pets in the comfort of the place they love best. Their pet sitting franchise provides a generous array of pet care services that bestow upon your loved one the exercise, attention, and care they deserve when you can't be there to give it. The benefits of at-home pet care are many. Just like people, pets appreciate the reassurance and stability that routine brings. With a Snaggle Foot pet sitter making house calls, your pets are allowed to maintain their regular feeding and exercise schedule, avoid the mental and physical stress of a boarding facility or kennel, and, a bonded and insured professional is looking after your home as well. If customers wish, franchisees can bring in mail, alternate the lights, water plants, and complete other home maintenance tasks. Services are tailored to meet the customers' needs and schedules.

If you would like more information about these opportunities, please contact Meta-Franchise Consulting at http://www.metafranchiseconsulting.com or metafranchiseconsulting@gmail.com. We look forward to helping you achieve your dream of business ownership. Be on the look out for Part 3 of this series when we will cover low-cost BUSINESS (versus franchise) opportunities.

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Metro franchises rise as proven models hit the ground running

This article from The Denver Post reports that the number of franchising units is expected to grow by 2% this year and Denver is expected to attract more than it's fair share. Job losses, coupled with entrepreneurial spirit, an educated workforce, and commercial landlord incentives are making franchising an attractive option for Denverites.

Please contact Meta-Franchise Consulting at http://www.metafranchiseconsulting.com/ or metafranchiseconsulting@gmail.com for more information about franchise availability in Denver.

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Where There's a Will, There's a Way

You and your franchise consultant have identified the perfect franchise that meets all of your requirements. You called existing franchisees and love what they said about their experience in the system. You reviewed the FDD with a franchise attorney. You have the support from friends and family. You are ready to sign the franchise agreement and become a franchise owner. The only thing standing in your way is money, or more specifically a lack there-of. Traditionally you would put together a business case and go to your bank for a business loan. Unfortunately, the credit markets are tight and traditional funding is very difficult to come by. Thankfully budding entrepreneurs have other options. Benetrends and FranEquity can make your dream of business ownership a reality.

Benetrends has been in business for over 15 years, helping people use retirement savings to fund a new or existing business. Benetrends will set up your company as a C-corporation. They will roll-over your existing 401(k) into your new company's retirement plan, and then use the money to buy stock in your new company. You will not incur any early withdrawal or tax penalties. You can use cash generated from the stock sale for legitimate business expenses, including a salary for yourself. You and your employees can make contributions from paychecks to the retirement plan to save for the future.

FranEquity is another option to secure financing for your franchise. FranEquity is essentially Match.com for franchise financing. At FranEquity, you publish an investment opportunity to the investing community. Angel investors, private equity groups, and traditional banks will review the opportunity and start a dialog with you if they are interested. Through this channel you might be approached by people looking to invest in your company or loan you the money you need to get started.

Meta-Franchise Consulting looks forward to working with you to secure the financing you need to make your dream of business ownership a reality.

http://www.metafranchiseconsulting.com/

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1 Month Check Point

Today marks the end of the first 4 weeks of business ownership. It has been a month of highs and lows, celebrations and disappointments. The most important thing is that I have learned a lot!

Lessons from Month 1:

1a. Don't be afraid to speak up. I called and emailed a Franchisor multiple times over the course of several days and didn't get a response. This is HIGHLY unusual. Most Franchisors call or email me back within 1 hour. The lack of response (and a couple other things that day in particular) had me really frustrated so I left feedback on my Alliance's broker site about the lack of responsiveness. The manager of the broker site saw the feedback, got a hold of the Franchisor, and told them to straighten up or they could not be part of the Alliance. Hopefully that saved another broker some headache.

1b. Think before acting. I really feel like I got lucky with 1a. I acted hastily and could have made a name for myself as a problem child. The manager of the broker site was understanding of my beginner's frustration and agreed to remove my feedback from the site. A fresh start!

2. I will close 1 out of 100 deals, on average. I put in a lot of time and effort doing research for my clients. Often, they have second thoughts and stop returning my calls. I need to learn to expect it. After all, it is not personal, just business. After one of those clients I am closer to helping my next client achieve their dream of business ownership.

3. Don't assume a lead is invalid too quickly. A couple of leads have come to me that say my potential client is looking at a franchise that is not in my Alliance. I can work with "outside" franchises if that is what my client wants. My job is to listen to my client's requirements and match them to the best possible franchise, whether inside or outside of my Alliance. For example, a client recently contacted me about a franchise that is a great restaurant, but not a great franchise. After discussing what my client really wanted from a business, I provided him with other options. My client agreed his first idea wasn't the best fit and has decided to work with me on the other options.

4. Follow my instincts. I have one client who was so excited during our initial call that he did most of the talking. He thought he and his business partner had all kinds of great ideas and he wanted to see what I would come up with. He gave me their requirements and I did my research. I called him at our scheduled time to review my findings. He said he and his partner were looking at lots of different things at the moment and I should just email my findings. From my training I knew that was outside the normal protocol, but I felt like I was losing my client. I knew I had great options for him based on his requirements, so I sent the email. He emailed back immediately and LOVED one of my ideas. That was on 4/14. By 4/16 he and his partner had talked to the Franchisor multiple times and they were already scouting locations for at least 3 restaurants!

So much excitement in just 4 weeks! In the next 4 weeks I'm hoping for additional excitement in the form of reaching new milestones and, of course, learning more lessons that will ultimately help me be successful.

http://www.metafranchiseconsulting.com/

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Why Do Franchisees Pay a Royalty?

The first point to make about Royalties is that good Franchise systems should look at them not as a payment but rather as a remittance. It is the Franchisor’s share of the income derived from customers or clients. The Franchisee collects that fee along with all other revenues from the customer.

It’s an important concept because it emphasizes that the customer ultimately pays for everything, including the Franchisor’s royalty, the Franchisee’s overhead, all costs of sales, employee’s salaries, and the Franchisee’s profit. Therefore it’s all about the customer – as it should be.

The Franchisee should want the Franchisor to earn a significant amount of royalties because that’s really the oil that makes the engine run. Each Franchisee collects and remits a small portion of that oil to the Franchisor. All elements of the system can continue to improve as long as the royalty stream is strong.

The Franchisor’s royalty will be based on the fact that they have provided a system and strategy that has ultimately served the customer. The Franchisee delivers that system to that customer. The royalty represents the Franchisor’s share based on the various parts of the Franchise system, which has four elements.

The four elements of a Franchise are:

a) Brand
b) Operating System
c) Support System
d) Franchisee

Brand – the name associated with the services delivered in a memorable and satisfying experience to the customer

Operating System – institutionalizes the excellent service delivered in a memorable experience so it can be done over and over again from Franchise to Franchise in a consistent manner

Support System – helps the Franchisee get better and better at delivering the service in a memorable experience – helps a Franchisee improve their performance

Franchisee – the individual motivations or reasons for being in a good system, as well as the talents and experience delivered to the business.

The Operating and Support systems will generally provide access to advice at the level of professional consultants in the fields of marketing, management, advertising, execution of the delivery of the product or service, customer support, etc. The cost of these types of consultants on the open market will often far exceed the value of the royalty fees that are remitted by the Franchisee that participates in a system that delivers these items from a position of experience. In fact, it’s the exact experience the Franchisee requires as opposed to open market advice.

Now here’s the test. If each of the four elements of a Franchise system is evaluated in terms of the percentage of contribution to the overall success of the business, then the royalty can be assessed in a proper light. Many people will say that each of the four elements contributes equally – or 25%, to the overall success. That means that the Brand, Operating System, and Support System provide 75% of the success formula. Therefore, as long as the royalty is less than 75%, it’s a good decision to participate in the system. That’s a little silly, but it emphasizes the point.

Most royalties range from 2% to 10% depending on the type of system, so as long as the Franchisor’s systems contribute 10% or more to the success of the business, it makes sense to participate, and remit the collection of royalties to the system.

http://www.metafranchiseconsulting.com/

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Where do you see yourself in 5 years? In 10 years?

I hate this standard interview question, which is probably why interviewers love to ask it. I think it’s important to have plans and goals but it’s also important to take advantage of opportunities as they present themselves, be flexible, and be adaptable. In interviews I usually gave a very vanilla answer to this question like “Continuously manage bigger and more complex projects, eventually transitioning into Program and Portfolio Management.” I used to think this meant I wasn’t very creative or didn’t have vision. Then I decided to go into business for myself and realized I am creative, I do have vision, and I know exactly where I want to be in 10 years.

I want to own my own companies. (Yes, companies, plural.) I want to generate an income that will allow me to pay the bills, save for retirement, and have fun along the way. I want flexibility. I want to be in control of my career. I know myself well enough to know I can get there and I also know I need to be careful with how much risk I take as I work towards those goals. So here is the 5 and 10 year plan.

Year 1: Work two jobs; one for someone else, one as owner of Meta-Franchise Consulting. Become an expert in my new industry (franchise consulting). Build a client base and pipeline. Generate income from my new business.

Years 2-5: Focus exclusively on Meta-Franchise Consulting. Grow the business by 10% every year. Be on the look-out for exciting new franchises in the marketplace.

Years 6-7: Choose a franchise whose concept, product, and management I believe in. Become a master franchisee or area developer for the company, opening multiple locations in my chosen territory. Continue to run Meta-Franchise Consulting.

Years 8-10: Enjoy my career as the owner of multiple small businesses. Nurture them and grow them. Mentor others wanting to be small business owners. And, going back to the top of this post, generate an income that will allow me to pay the bills, save for retirement, and have FUN along the way.

http://www.metafranchiseconsulting.com/
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What's in a Name?

Being the left-brained person that I am, the thought of coming up with a name for my new business was very intimidating. We all know the power of names and brands so I knew it was really important to get this right. Therefore I turned to the best, most creative, right-brained person I know. Jester Levity didn't let me down!

Jester, being the smart AND creative person she is, recommended we start with synonyms of a word like "embarking" since I was embarking on a journey. From that list she identified "venture" and we threw "franchise consulting" on the end. Just like you do with baby names, you have to check the initials to make sure nothing weird is going on! "VFC" sounded safe enough.

The next brilliant step was to Google "Venture Franchise Consulting" to see if there was another company using that name. Luck! No issues with that name being taken. Then Jester offered to do some numerology for me. Not really sure what that meant, but as it turns out, it was an unnecessary step.

At the end of the conversation Jester says, "I also LOOOVE Meta Franchise Solutions/ Meta Franchise Consulting." Hmmmm...I've heard of the word "meta" but I don't really know what it means. A quick wikipedia search tells me that meta means, among other things, "about (its own category)". Metadata, a term I know from database work, is data about data. Then I saw a posting for Meta-advertising which means an ad about an ad. Hmmmm...so Meta-Franchise would be a franchise about franchising! Could anything be more perfect?

http://www.metafranchiseconsulting.com/
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http://homesliceproductions.com/Homeslice_Productions.html