Rita Huggins-Halstead

Franchise Consultant

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What is a FranNet Franchise Consultant?

A FranNet consultant is your one-stop-shop for all franchise information and services. Our job is to ensure you find the right business that maximizes your odds of success and happiness and allows you to meet your lifestyle, career and financial goals

How do we help?

We help you by providing assorted research and information that will help you investigate different franchises to start your own business. We can introduce you to many different franchisors, so rather than having to go from place to place to learn about specific businesses, you can learn the basics about several options all in one spot! This saves you time and money.

FranNet Consultants helps save you time and money in several ways: by educating you about franchising; by helping you research your business; by identifying the right structure and strategic mix of the businesses you are interested in; and by introducing you to the franchisors that fit your model.

We’ll encourage you to thoroughly research any franchise that you are investigating, and we’ll even help you find franchise attorneys and other advisors so you can gain more information before you buy. We believe that the more you know, the better the odds are that the choice you make will be a good one. As a result, we stress that you spend the necessary time to research before you buy. Once you’ve bought the business, it’s too late to change your mind.

How much do we cost?

FranNet Consulting Services are 100% Free For Our Clients. Like a real estate agent, we make our commission only if and when a deal closes and are paid by the seller, not you, the buyer.

How can we work together?

  1. Take Our Franchise Readiness Assessment
    • Take our free proprietary Readiness Assessment to evaluate your business owner profile, including a personality analysis and an investment range determination. From here, our algorithm can help determine what franchise options in your local market may be best able to meet your goals.
  2. We Will Review Your Readiness Assessment
    • Once you have your Franchise Readiness Assessment results, you may request a free, no-obligation review session with your local franchise consultant. During this meeting, you can gain more insight into what franchise opportunities may be best for your goals.
  3. We’ll Discuss Your Franchise Options
    • After the review of your Readiness Assessment, we work with you to determine what local franchise options may be worth exploring. Your local consultant will present you with a number of options and depending on which ones you are interested in, your consultant will make an introduction.
  4. Introduction To Your Ideal Franchise Brands
    • We will help facilitate those introductions and coach you on the due diligence process, providing guidance on questions to ask, how to understand Franchise Disclosure Documents (FDDs), and tools on how to rank the franchise opportunities for yourself.
  5. Introduction to Existing Franchisees of the Brands You Like
    • Once you've learned more about each franchise opportunity that you are interested in, you will be able to speak with active franchisees in their respective organizations in order to validate the business, support, and overall success of each.
  6. Attend a Discovery Day
    • Prior to making a formal commitment to a franchise opportunity, you will attend a Discovery Day, usually on-site at the corporate headquarters of the specific franchise you're interested in (In the wake of COVID-19, many franchisors are offering virtual Discovery Days). This Discovery Day is a great opportunity for you to meet the top management team, see their operational facility and learn more about the day-to-day life of owning a business under their brand.
  7. Making a Final Decision with FranNet By Your Side
    • Once you return from a discovery day, you'll be in a position to decide if that specific franchise is the right fit for you. If it is, we'll provide the necessary referrals to franchise attorneys, accountants, and funding partners to help complete your franchise due diligence. From there, it is your choice to sign the final franchise agreement and become a franchisee.

MEET RITA

Every moment counts on the journey to success!

I joined FranNet for the same reasons that I became a Business Tax Consultant and a Real Estate Consultant - I enjoy helping people and businesses make smart, strategic decisions, which helps translate into success with personal and business goals!

I have over twenty-four years of accounting and financial management experience including fifteen years of public and corporate taxation experience. I have worked for quasi-government entities, Big-4 and Regional accounting, tax and consulting firms and served as a Senior Tax Manager for a multi-national software company. Engaging with stakeholders at all levels of these organizations has honed my focus on achieving successful outcomes, whether by digging into the details or looking at the issues from the big picture perspective.

My role at FranNet is to provide you with education about franchising, collaborate with you in determining if franchise ownership is right for you, and to identify franchise businesses that will offer you the best opportunity for success. Using FranNet’s proven model and industry expertise and my own business and financial knowledge, I will match you to the business that’s best aligned with your personal and professional goals.

We’ll take inventory of your skills, experiences, and finances. We’ll also create a business model and a search strategy. I’ll gain a thorough understanding of your strengths, your goals and your dreams. Next, I’ll leverage my experience and FranNet’s vast resources to guide you to the franchised businesses that seem to be the best fit for you. Then I’ll stay by your side and guide you through your entire search.

I have always been committed to education and continually increasing my knowledge base. Whether it was by receiving my Bachelors in Accounting, completing my Masters in Taxation (MST), participating in nine months of focused leadership sessions, or volunteering to teach Junior Achievement classes at local schools. I look forward to using my gained knowledge and experiences to help you navigate the roads to franchise ownership.

I truly believe that every moment counts in your journey to success. Let me help you save time and money by steering you in the right direction in your franchise search. There is no cost for this service and no obligation to buy a franchise, and our knowledge of the franchise industry is unmatched. To arrange a consultation for franchise opportunities in Virginia and Washington D.C., contact me at 703-851-6009 or [email protected] Start your journey to success today!