Each franchise campaign has a designated operating manager. This could either be the Owner (the person who creates the campaign), or another assigned manager. Details can be found within the offering descriptions.
The first 50 percent of the investment will be paid back to the investor monthly for three years for a total of 36 payments. Investors then have the option to convert the remaining 50 percent of their investment into equity or continue getting paid back.
Sign in and complete the Investor Questionnaire in the "Backed" section of your account. After you are approved as an accredited investor, you can begin to browse campaigns. Additional due diligence will be performed at the time of investment.
Investors are silent owners of the franchises they invest in. Unless an Investor is appointed an operating manager, they will invest their money for the business to grow without handling day-to-day operations of the franchise.
The franchisees will be required to hire a bookkeeper and accounting group provided by CrowdFranchise to control the finances and annual distributions. Profit and loss statements will be posted by the 15th of the following month.
Sign in and click on the "Apply for owner status to create a franchise" button under the "My Franchises" section of your account. You'll have to complete an Owner application including a background check and credit check prior to creating a campaign.
No. Owners will be required to hire a bookkeeper and accounting group provided by CrowdFranchise to control the finances and annual distributions. Profit and loss statements will be posted by the 15th of the following month.
Yes. A monthly fee is charged to Owners to have a campaign published on CrowdFranchise. There is an initiation fee (which includes the first month of the subscription) which costs $299, and after the first month there is a monthly fee of $99/month.
CrowdFranchise accepts businesses which are franchisors for franchise concepts to become sponsors of the site. If your company is not a franchisor, it will be up to the discretion of the CrowdFranchise team to decide whether a campaign can be created.
Yes. Owners should have adequate business experience and a credit check will be performed. Being accepted as an owner is up to the discretion of the CrowdFranchise team based on credentials and concept.
Yes. The first 50 percent of the investment will be paid back monthly for three years for a total of 36 payments, and investors have the option to convert the remaining 50 percent into equity or continue getting paid back.
Franchisor sponsors can post their own corporate-owned campaigns and other users can create professional campaigns of the sponsor's brand, with many other various benefits. See the "Become a Sponsors" page for more information.
Email us at firstname.lastname@example.org to let us know that you are interested in becoming a supporter of community-owned franchising. A representative will be in touch within three to five business days. See the "Become a Sponsor" page for more information.
No. You are responsible for taking the necessary steps for the business to become a franchise company. However, you may raise the funds needed to become a franchise company through a CrowdFranchise campaign.