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What
makes an ideal financial consulting franchise or a service franchise
buiness model:
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1.
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A
business or a franchise with no selling involved. |
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2.
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A
franchise that rewards the enterprise where sales are involved. |
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3.
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A
franchise that has a potential of repeat customers or residual
income. |
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4.
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A
franchise that offers a substantial good will asset potential
(resale value). |
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5.
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A
franchise that offers low overhead and a high income potential. |
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6.
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A
franchise with a strong support system. |
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7.
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A
franchisor that is consistently ahead of the business curve. |
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8.
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A
franchisor with the ability to be innovative, with new products
and services, and the ability to implement those products
in their system, seamlessly. |
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9.
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A
franchisor who is able to keep a good track of market trends,
and the ability to monitor the pulse of the marketplace and
adapt to changing market conditions. |
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10.
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A
franchise that is not targeted to one specific sector. In other
words a franchise that caters to both consumers and business
alike. |
That
is the Cash Now (Cash Next) Business Model!
In creating
such an ideal business model we know that there are certain elements
that are pivotal in a successful franchise business. The first issue
we had to contend with is the fact that most people do not like
face-to-face confrontations. In other words most people do not like
to sell, or to conduct "salesperson" duties on a day-to-day
basis, in order to earn a living.
The Cash Now
payday loan product line is ideal for those individuals who do not
feel comfortable with sales of any sort. That is the major reason
we focused this prospectus on the payday loan product line. Let's
face it. With a Cash Now payday loan product, there is no selling
involved! The customer is asking you to lend them money. You simply
advertise your service and products and the telephone rings with
loan inquiries. You then simply walk your customers through the
process (as you were taught during the Cash Now training) and you
use the tools (E5) that were made available to you by the company.
This is a simple and straight forward product you offer to the general
public, with no selling required.
With the Cash
Now system, as you go through day-to-day activities, you will be
conducting business by offering payday loans. As your business grows
you will at some point in time hire an assistant or staff to assist
in your duties. This is inevitable. A typical Cash Now franchisee
achieves this level in just a few months of operation. Your business
will grow and prosper as you follow the proven time tested Cash
Now System.
1. "Validity
Scale" System:
What this means is we have developed a method on the way the customer
answers questions about the loan request. We are able to make decisions
on scientific, rather than traditional business techniques. We don't
just "fly by the seat of our pants." We have mastered
the payday loan business to a science! The validity scale takes
the guessword out of the loan approval.
2. The Sentry
System:
The Sentry is the software that resides in our Intranet that constantly
tunes up, and monitors the customers' application for auxiliary
product lines. It provides real time tracking of the customers'
application for a loan request. You are able to provide your customer
with real time answers of the status of their loan application forthe
auxiliary product lines. Only you the Cash Now Franchisee at your
own discretion can assign and control access levels for your employees.
The Cash Now system offers the ultimate in franchisee control, management
and integration.
3. The Cash
Now Database:
An "E" based database that all of the franchisees can
access. The huge advantage is the database, offers us the ability
to rate the customer, share information between the franchisees
and the Head Office. We are able to upgrade the customer to the
VIP status and offer them perks to keep them coming back!
4. ECASH
System:
EFT (Electronic funds transfer) Cash Now franchisees do all transactions
electronically. What this means is that we deposit the loan electronically
and withdraw the funds electronically from the customers account.
5. E Track
Real Time Application:
A web-based application that allows real time tracking of all transactions
and reporting. All of the customer names and data is stored and
retrieved off site at our data storage facility.
These are the
5 Tools to Success. We refer to them as E-5!
Do
I need to be Technically Inclined?
Absolutely not!
Everything we have developed is either software or online. You will
need to have some very basic computer knowledge.

You
are previewing the overview of the offering only. To read the full
50 page business report including the powerpoint presentation visit
our confidential backend reporting center which can be accessed
at this link: http://www.cashnow.ca/powerpoint.html
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