Resource Operations International (ROI) is a great opportunity for ambitious entrepreneurs passionate about helping businesses become agile and profitable. ROI’s vendors provide businesses the support needed to succeed. Being an ROI franchisee with the support of United Franchise Group sets you up for success as ROI sets up client businesses for success.
This is where we get to know who you are and what you are passionate about. Likewise, you get to learn about us. Here is where introductions are made and decisions to move forward.
This is where the markets and territories for ROI are discussed, along with the consultancy aspect of the business. Prospective franchisees will learn about the different territories and opportunities, and make the determination about how they’d like to move forward.
At this point, prospective franchisees will learn about how UFG supports ROI franchisees. Franchisors are involved in helping franchisees get up to speed quickly, and at this stage, franchisees learn much about the company before they sign on.
Here’s where a franchisee would learn about ROI and UFG. UFG would also gather information about franchisees. This is where buying profiles are created, and at this point, both sides begin to learn about each other and decide if they would like to move forward.
UFG will compare the buyer profile to the others who own ROI franchises to see if this would be a good fit. This part is important because having the right franchisees ensures the success of prospective franchisees.
Here’s where ROI franchise opportunities are presented. These can be different territories along with different vendors too.
The Financial Disclosure Document (FDD) is completed at this time, and while this document is extensive, it allows UFG to know who they are franchising to. Validation happens with all of the legal and accounting concerns, and once satisfied, the process moves forward.
Provided evaluation and validation go well, the next step is discovery day. This is when prospective franchisees spend time with current franchisees and learn about the business in a hands-on capacity. Once everything is settled, the agreement gets put into place.
People who enjoy the process of helping businesses operate with greater efficiency love ROI. This is the business for anyone wishing to facilitate success. ROI ensures businesses focus on their business while ROI handles the business of a business.
If providing support by connecting skilled professionals helping a business become a success sounds like a great idea, then ROI is the business for you!
“Our consultation service will help you determine if franchising is for you! If you are looking for greater security from downsizing, more control of your life, and the dream of independence, ROI can help you get there! We will find you a franchise that is affordable and teach you to analyze and to evaluate the pros and cons of the opportunity to safely ensure the company is the right fit for you!”
ROI consultants are people that work with businesses to help them perform a variety of functions without having to take on more staff. ROI connects businesses to vendors providing services, and these services are less costly than it would be for a business to do these functions in house.
There are plenty of advantages in using an ROI vendor instead of performing specific functions in-house.
ROI’s business is making sure the right people are working in their area of expertise. Businesses are profitable if they are efficient. ROI increases efficiency because their vendors perform a variety of job functions. Instead of having one person in a business doing a variety of functions in a certain amount of time, or hiring several people for several different jobs, spend less money by using ROI vendors and get a more complete job.
While in-house functions have lots of advantages due to proximity, ultimately this model is less efficient because the cost is higher for less expertise.
Franchisees are entrepreneurs who want to work in a proven business. They desire the freedom of being their own boss, yet want to get started with a trusted partner like UFG. ROI provides essential support for businesses by performing the functions of business. This means the experts are doing expert-level work in areas like bookkeeping, payroll, and other essential functions of business, but at a rate conducive for the business employing the vendors to grow in revenue.
The typical ROI franchisee is someone who is passionate about the business of business. These are people who may have had businesses in the past and noticed how much time is spent on the business side and not the product/service offered by the business. Sometimes these folks are serial entrepreneurs, other times they are people who love the idea of connecting passionate professionals to each other. The typical ROI franchisee is as follows:
However, there are plenty of franchisees with many different characteristics that are successful too. ROI is all about entrepreneurs passionate about supporting other entrepreneurs.
Franchising is a type of entrepreneurial program allowing people to own a business while not having to build the business from scratch. A franchisee pays for a license to use a business’s name and likeness in order to offer products and services to the general market. Franchising is quite successful – 50% of retail dollars spent in the United States are spent in franchised businesses. This is despite franchises making up roughly 10% of the retail marketplace. There is a healthy franchise market in the B2B sector as well, and this is the space in which ROI operate.
The typical franchise royalties are less than 10%. Think of it this way – what is the cost of hiring professionals to handle all the different aspects of business? These could be yearly salaries along with benefits. Labor is the highest driver of a business’s expense. Also, there is cost in developing marketing, patents, designs, and other elements to create a business. Before a business has its first customers, massive money is spent just getting a business ready for market. Instead, a franchise provides all of these elements and then some, and the royalty is the small price for the stability of a franchise.