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Technology > Cash Now TeleCheck > Eclipse Terminal > Electronic Check
> Cash Now E5 > Checks by Phone > Recurring Payment

What makes an ideal financial consulting franchise or a service franchise buiness model:

1.
A business or a franchise with no selling involved.
2.
A franchise that rewards the enterprise where sales are involved.
3.
A franchise that has a potential of repeat customers or residual income.
4.
A franchise that offers a substantial good will asset potential (resale value).
5.
A franchise that offers low overhead and a high income potential.
6.
A franchise with a strong support system.
7.
A franchisor that is consistently ahead of the business curve.
8.
A franchisor with the ability to be innovative, with new products and services, and the ability to implement those products in their system, seamlessly.
9.
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.
10.
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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