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Location / Michigan / Detroit

Franchise Opportunities in

Detroit

Detroit’s workforce and low costs mean success for new businesses

Detroit’s low costs are a major attraction for those looking to open a new business. The city, which ranks in the top half of WalletHub’s list of 2018’s Best Large Cities to Start a Business, places fourth in the “business costs” category. Those low costs also serve to bring in diverse, young talent and build the spending power of the city’s residents.

But it’s not just about low costs. Detroit is known for its entrepreneurial spirit, which helps the city’s businesses prosper. Numerous organizations support business owners, and the city government’s efforts to grow the economy have gotten the attention of Inc.com, which recognizes Detroit as one of the 50 Best Places in America to Start a Business.

To take advantage of Detroit’s low costs and outstanding climate for growth, talk to a FranNet consultant today. FranNet’s local experts know what works in the area, and they’ll help you choose a business that will thrive.

  • Population: 673,1041
  • Number of households: 258,4711
  • Median age: 342
  • Median household income: $58,4113

FranNet Consulting Services are 100% Free For Our Clients

We Work To Find You The Perfect Franchise Business, Free of Charge.
As an Inc. 5000 organization, FranNet’s reputation for quality consulting services, integrity, and risk reduction were established out of our dedication to you, the client. 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. Our income is derived from brokering the final purchase of the franchise and is paid for by the franchise organization you choose to partner with.
How Do Franchise Consultants Reduce Risk?2018-12-28T13:35:12+00:00

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. Instead of going from place to place, you can get all of this information in one place. This saves you time and money.

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.

Benefits of a Franchise Consultant2018-12-28T13:34:09+00:00

A FranNet consultant is your one-stop shop for all franchise information and services. 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!

FranNet Consultants2018-12-19T18:35:33+00:00

A FranNet consultant is a local, franchise expert to advise you on franchise and business opportunities. Within our group, we have past and present franchisors, franchise executives, franchisees, regional and area developers, and other business professionals.

The FranNet Organization2018-12-19T18:40:58+00:00

FranNet provides education and support to individuals who are interested in exploring self employment as a career option through franchised business ownership. After all, franchising is more than just food and retail stores. Our role is to provide education on the franchise industry and help people find the right business for them and their goals. Our services are 100% free.

Our Process

FranNet has helped thousands of entrepreneurs across North America start their own business through franchise ownership; however, this has only been made possible due to our unparalleled focus on quality across all facets of our business. FranNet is comprised of an independent network of over 100 local consultants that help highly motivated and savvy entrepreneurs mitigate their risk of business ownership through franchising. What has made us a six-time fortune 5,000 organization? We work hand-in-hand with our clients to educate them on opportunities and risks throughout their decision to ensure they have the best chance of success.
  • 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.

  • Assessment Review

    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.

  • Franchise Options

    After the review of your Readiness Assessment, we work with you to determine what local 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.

  • Speak With Franchises

    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, and tools on how to rank the franchise opportunities for yourself.

  • Franchise Validation

    Once you've learned more about each franchise opportunity that you are interested in, you will be able to speak with active franchisee's in their respective organizations in order to validate the business, support, and success of each.

  • 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. 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.

  • Decision Time

    Once you return from a discovery day, you'll be in a position to decide if that 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.

5. Franchise Validations

Once you've learned more about each franchise opportunity that you are interested in, you will be able to speak with active franchisee's in their respective organizations in order to validate the business, support, and success of each.

We’ve Helped Entrepreneurs Throughout The Country Find Freedom and Success Through Business Ownership.

FIND THE OPPORTUNITY THAT’S RIGHT FOR YOU

Hair Care

Fitness

Retail

Tutoring

Spa

Automotive

Handyman

Children

B2B

Education

Restaurant

Pet Care

Cell Phone Repair

At Home

Senior Care

MEET YOUR LOCAL CONSULTANTS

Mark Cory

Mark Cory

Market President

UPCOMING EVENTS