Financial Services Franchise FAQs
Franchising is a serious investment, and it’s only natural that you have questions. Family Financial Centers is more than willing to answer them, but we compiled a few popular questions to start you off as you gather information about FFC’s Financial Services Franchise opportunity.
Describe the industry, market size and outlook?
Why is it so difficult to get into the MSB industry and how does FFC help entrepreneurs get in and stay in the industry?
What is a Family Financial Center and what services are offered?
Located in attractive suburban centers, Family Financial Centers have the systems, ambience and professionalism of a traditional bank. FFC offers a full array of financial services including check cashing, bill payments, money transfer, money orders, Visa debit cards and gift card buy-back. Non-money offerings include notary, faxing, copying, prepaid phones and tax preparation at some locations. FFC does not offer payday loans, auto title loans or any other type of lending.
What franchise models are offered by FFC?
- Full store: Single or multi-units. Franchisees benefit from our “acquisition” model which provides immediate cashflow and shorter return on cash. Owner operator or semi-absentee with manager.
- Store-in-Store: Additional revenue stream for existing businesses. Also increases overall customer traffic.
- Automated Check Cashing Machine: Low cost, single or multi-unit option for an absentee franchise using the latest in technology that eliminates fraud and the need for employees. Perfect for those seeking a passive revenue stream.