Buying a Franchise Business: The Approval Process
Buying a franchise can be one of the most rewarding business decisions you will ever make. To give you a better understanding of what you can expect from The UPS Store , we’ve broken the process down into four easy steps: Inquiry, Application, Funding, and Booking.
Step 1: Inquiry
- Invitation to attend national webinar
- Invitation to complete application
Step 2: Application
- First interview
- Franchise disclosure completed
- Validation and due diligence
- Financials submitted
- Executive interview
Step 3: Funding
- Letter of Intent signed
- Initial application fee collected
- Approval letter sent
Step 4: Booking
- Financing secured
- Site approved/lease signed
- 5-week training completed
- Franchise agreement signed