Decision Making If you are ready, this usually means:You like what you hear so far, but do not have enough information to make your decision. Action: Gather your list of additional questions and call us. You like what you hear, but you're still looking at other opportunities. Action: List the positives and negatives of each, such as Industry size, Industry outlook, Income potential vs Investment level; Equity potential; You like what you hear, but the timing is not right. Action: Figure out specifically what is holding you back and then develop a plan, or call us and we'll help you develop a goal and a plan. You like what you hear, but you don't have the capital. Action: Consider taking on a business or investing partner. Call us about using your retirement assets to fund your business. You like what you hear, but you're scared. Action: That's ok. If you didn't have some reservation about starting a business, we'd wonder about you. 10 years from now, what will you regret more, trying and possibly failing or not trying at all? Once you've conquered all the above and you're still
interested it's time to move to Step 4. |
Discovery Letter After discussing the application you
submitted and if there appears to be a good fit, you will sign the online
property lease contract and after that you'll be receiving a Discovery
letter. |
UFOC Review Review the Uniform Franchise Offering Circular. This document is prepared according to the Federal Trade Commission guidelines. It provides you with information about us, the start up costs to open a QYAO franchise, and draft forms of the various legal documents you will sign when you become a QYAO franchisee. To get comfortable with the process, we encourage you to talk with your advisors. We will answer any additional questions you may have. At the same time, we will conduct a credit check and a background check. We will also review your application and to determine if your franchise application has been approved. Signing the agreement Sign the Franchise Agreement. Once we agree on a specific area for your QYAO location, it's time to get started. We will prepare a Franchise Agreement and forward it to you. At the time you sign the Franchise Agreement and return it to us, you will also pay the startup costs. Initial Franchise Fee will be paid with delay of 365 days to help you out with expenses. Once received, we will forward your training materials. We will then schedule your training dates and tentative opening date. We will also begin discussions with brokers in your area for ongoing support. |
Welcome to the QYAO Team!