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Franchise Qualifier gives franchisors the power to quickly identify the best
franchisee prospects for their new locations, improving placement rates and
reducing the cost of recruitment.
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Franchise
Qualifier is a web-based application that quickly and easily identifies
the very best prospects for new franchise locations, using a proprietary
formula combining credit and non-credit factors.
With the popularity of franchising growing each year, franchisors
find themselves receiving more and more applications from people wanting to
open new locations. For each new franchise opened, a franchisor might
easily talk with over 100 people before finding the right match for the new
location.
While many applicants can be eliminated in the early stages
(usually with one phone call), finding the best candidates from a pool of
qualified individuals is difficult. Occasionally, a person will be a
perfect match for the franchisor, only to be denied funding when actually
applying for the loan or lease required to open the franchise.
Franchise Qualifier helps eliminate the hassle of identifying the best
candidates by offering the Franchise Qualifier Report, which includes an
analysis of the applicant's prospects for success, not only from a credit
standpoint, but also as a manager for the new location. Using credit and
non-credit factors such as management experience and education, the probable
success of the franchisee is measured with a high level of accuracy.
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