Our Criteria for a Franchisee
“We're all in this together, embracing unity and supporting one another, because when we stand together, we can achieve remarkable things.”
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Sufficient Capital: We require a minimum of 100K of liquid personal net worth to ensure that you have the financial resources to support a launch and start-up of a Stretch Authority. This can include liquid assets, such as cash or easily convertible assets. We will work with you as you seek an SBA loan, set-up a ROBS or seek additional funding.
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Creditworthiness: We conduct credit checks to assess your financial stability and creditworthiness. A good credit history indicates the ability to manage financial obligations responsibly. .
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Business Experience: Previous experience in business ownership or management can be advantageous, demonstrating an understanding of operational and managerial responsibilities. These skills could include relevant industry experience or transferable skills from related fields.
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Education and Training: We may require a specific level of education or training to ensure that you have the knowledge and skills necessary to operate a Stretch Authority successfully. We fully train you on how to operate a Stretch Authority, and we train and certify you and/or your staff as Stretch Experts.
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Background Checks: We will conduct background checks to assess your criminal history and overall suitability for the franchise system. This is done to protect our brand and ensure the safety and reputation of Stretch Authority
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Legal and Licensing Requirements: Compliance with legal and licensing obligations is essential. Franchise owners should have a clean legal record and possess any necessary licenses or permits required to operate the franchise in your location.
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Personal Fit: Franchise owners should align with the values and culture of the Stretch Authority. We will assess your personality, work ethic, and commitment to ensure a good fit with the Stretch Authority and our customer base.
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