Starting The Process

BIZNOVATOR Franchise > Starting The Process

FRANCHISEE PROFILE

FRANCHISEE PROFILE

We are looking for purpose driven professionals who align with our mission to impact the communities in which they serve. There is no magic formula for success in any business. It takes hard work, dedication and above all else commitment to a mission with passion and purpose. Does our mission resonate with you? Do you share our passion? These are the key elements we will work with you to uncover and better understand if BIZNOVATOR is the right fit for your personal and professional goals. Our pioneering franchisees interested in education franchise opportunities will be uniquely positioned to shape the direction of global youth development and empowerment around the world.

A qualified franchisee candidate typically falls into one of three categories and is committed to following and executing our business plan. We are seeking franchisees that share our mission, fit our culture, and are coachable.

  1. INDEPENDENCE SEEKERS – This profile of franchisee tends to be business minded and is looking at BIZNOVATOR as a mechanism to provide a strong work, life balance while also having a substantial impact in their community. This type of person normally is quite happy and satisfied with a single territory business.
  2. PURPOSE DRIVEN PROFESSIONALS – These tend to be business-oriented people who have either owned their own business or worked within both medium and large enterprises in a sales/business development or operations capacity. They are eager to take their wisdom and learnings and make a difference. They view BIZNOVATOR as a means to fulfill their own personal mission.
  3. PLATFORM BUILDERS – These are typically savvy and experienced individuals interested in education business opportunities with the ability to scale across multiple geographies areas for substantial impact. Often these people have owned other businesses or worked for years in leadership roles within medium and large enterprises and other organizations. They are normally interested in multiple territory opportunities including Area Development and Master Franchises.

COSTS AND CRITERIA

COSTS AND CRITERIA

We have a simple formula for determining if you are the right fit for joining the BIZNOVATOR Family as a franchise owner.

You need to commit to:

These commitments are non-negotiable. You will also need a financial commitment.

  • For US franchisee candidates please refer to the Item 7 of our FDD for more information.
  • We estimate that a US based franchisee will need between $90,000 and $143,000 to launch and operate their BIZNOVATOR youth education franchises business. This includes the franchise fee and additional funds needed to develop and operate your business in your territory for 6 months.
  • We require that all applicants have a minimum net worth between $200,000-$250,000 USD depending on the territory option selected.
  • For International franchisee candidates we will work with you directly to determine the complete investment picture for your specific market.

QUALIFICATION TIMELINE AND PROCESS

QUALIFICATION TIMELINE AND PROCESS

We have a very structured process that takes approximately 30-60 days. During this timeframe we are evaluating you as a potential franchisee candidate just as you are evaluating BIZNOVATOR. We want to get to know you better as a person and as a professional. We want to understand how you believe BIZNOVATOR will help you achieve your personal and professional goals, what our mission and purpose mean to you, and how you believe BIZNOVATOR will impact your community. We also give you the opportunity to get to know us personally and as a company, before any decision would be made to move forward together. It should be our mutual goal to make 100% sure we are a good match before entering into any business relationship. After a franchise agreement is signed, most franchisees are fully open for business within 3 months.

Our Qualification Process

  1. Complete Franchise Inquiry Form and Non-Disclosure Agreement.
  2. Introductory Call – During the first call we will learn more about you, your background, both personally and professionally and why you are interested in becoming a BIZNOVATOR Franchisee. In addition, we will share preliminary information with you regarding BIZNOVATOR.
  3. Complete our Core Values Index (CVI) Assessment.
  4. Operations Call – During this call we will review the CVI and begin discussing the BIZNOVATOR Operations Model — Go To Market Strategy, High Level Business Model, Project Management, Our Services, Support and Training etc. We will send you our Franchise Disclosure Document and Application.
  5. Call to discuss the Franchise Disclosure Document and any questions you may have.
  6. Application and Background Check completion and processing.
  7. Interview with BIZNOVATOR EXECUTIVES.
  8. Validation.
  9. Approval and Agreement Execution.
  10. Assignment to Project Management.

CONTACT US TO BECOME A BIZNOVATOR FRANCHISEE