FranNet Is The Global Leader In Franchise Consulting & Brokering
Locations / Rhode Island

Franchise Opportunities in

Rhode Island

Rhode Island Is Big on Business

Rhode Island is a state of small businesses. Employing over half the workforce, small businesses make up 98.9% percent of the state’s businesses. The state hosts a no-cost program aimed at helping small businesses thrive, and small business advisors are available to assist business owners in establishing and growing their firms.

Investing in its workforce, the state offers free community college to residents. In exchange, those who receive tuition-free courses through the program are required to live, work, or continue their education in Rhode Island. That means a highly educated workforce that’s loyal to Rhode Island businesses.

Ranking seventh in the Quality of Life category of Forbes’ list of Best States for Business, Rhode Island is an all-around nice place to live and work. The Ocean State offers scenery, outdoor recreation, and cultural variety to keep its population happy and healthy.

FranNet’s Rhode Island business experts are available to help you make the most of the Ocean State’s talented workforce and business-friendly environment. They know the state and they know business, and they’re ready to help you choose the best business for you.

  • Total population: 1,061,7121
  • Per capita GDP: $47,6392
  • Median household income: $60,5963
  • Tourism: 24.8 million visitors in 20174
  • Rhode Island franchises produced an economic output of $1.9b from all sales of goods and services in 20185

FranNet Consulting Services are 100% Free For Our Clients

We Work To Find You The Perfect Franchise Business, Free of Charge.
As a Fortune 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.
The FranNet Organization2018-08-10T00:32:29+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.

FranNet Consultants2018-08-10T00:32:48+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.

Benefits of a Consultant2018-08-10T00:33:12+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!

How Does This Reduce Risk?2018-11-23T18:16:52+00:00

FranNet helps save you 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.

OUR PROCESS

The franchise matching process is a part of FranNet’s free evaluation, a no-brainer for those who are interested in how to buy a franchise. This innovative process will help you understand how to buy a franchise giving you the greatest chance for future success. There are seven basic components we use to help identify if franchising is right for you, select which franchising opportunities are the best fit for your goals, skill set and lifestyle, and ultimately provide actionable information on how to buy a franchise.

  • Initial Consultation

    Call or fill out a form and a local consultant will reach out to schedule a Discovery Meeting in order to better understand your goals, interests and timelime.

  • Readiness Assessment

    You will have the opportunity to take our free proprietary Readiness Assessment which combines a personality test and investment level determination with your core skills and business ownership aspirations in order to identify the perfect business type for you to explore. From here, we're able to provide better recommendations to specific franchise brands that meet your strengths and increase your chance of entrepreneurial success.

  • Franchise Meeting

    Once your Personality Assessment and Financial Review are complete, we will meet with you in person to review potential franchise opportunities that best fit your skill sets, personality, and financial goals.

  • Speak With Franchises

    After your Franchise Meeting, you will have the choice of selecting a few franchise companies to speak with directly to learn more about their business models. 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

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MEET YOUR LOCAL CONSULTANTS

Michael Rosen

Michael Rosen

Market President