In addition to the initial investment, what should I expect to have in reserve capital to get started? The company supplies equipment, an initial inventory of specialized products and other materials necessary to operate the business. However, until a cash flow is established we advise that you set aside enough capital for a normal business start-up period.
What type of vehicle will I need to operate the business? Because the equipment and products to operate the business are compact, most franchisees operate their business out of a mini-van.
What is the background of your typical franchisee? Fibrenew franchisees are a diverse group. We have accountants, engineers, firefighters, painters, nurses, cabinet makers, miners, former auto industry employees, ex-military personnel and people with sales backgrounds, among others. Although they have differing experience, they share a common goal - to operate a versatile business that will enhance their lifestyle.
What types of customers will I have? The exciting part about the Fibrenew business is that your potential customers are right in front of you. First is the obvious - automobiles. This market includes new and used car dealers, rental and leasing companies, body shops, limo services, taxis and more. One of our fastest growing functions is the restoration of commercial and residential furniture. Our franchisees work with warranty companies providing services on all types of leather and vinyl. If that isn't enough, our service is in demand among boat owners and commercial airlines as well. With these options and so many more, we have yet to tap into every potential market that needs our services. Can you think of any?
Where is the training held? A comprehensive two week training session for new franchisees is conducted monthly at our Fibrenew Academy in Calgary, Alberta, Canada. When is the training held? Click here for a complete list of 2007 Training Dates.
Who pays for the training? The cost of the training is included in your initial investment.
Was your question not answered here? Please feel free to contact us , we'll be happy to answer your questions. 