Can
you hold your own at a
table of other entrepreneurs? Are you good at establishing rapport and
building relationships with people? Do you have a soft spot for the
small/mid-size business owner? Do you want a business model with low
time commitments and a high degree of flexibility?
If
so, owning a peer advisory group franchise with Inner Circle may be
right for you. Our franchise owners offer monthly, facilitated meetings
that bring together local non-competing business owners in a
confidential environment to work on vision clarification, issue
resolution, opportunity identification and work/life balance. In a
recent survey, 97% of Inner Circle peer group members report better
decision making ability because they belonged to a Circle group. As the
business owner, you can facilitate the groups yourself or bring on
Associates (or both).
Business Model Advantages
- Recurring
revenue stream from membership fees - there are business owners who
have been in their Inner Circle group for 15 years.
- Home-based business with extremely low
overhead.
- Large target market: business owners
with $1M-$50M in annual revenues.
- Each Inner Circle group only requires
about 16 hours of total time per month (including the meeting itself).
- Our
structured meeting format and Vision Quest process strongly
differentiate us from the competition and drive positive outcomes for
group members which keeps them renewing their memberships.
- Franchisees can start as many groups as
they want within their territory.
- Can be an adjunct opportunity for
someone who currently owns a synergistic business (such as coaching,
consulting, etc.).
- Engaging, fun and rewarding; many
franchisees state they've finally found the work they were put on this
earth to do.
"I
was a business owner who loved being in business. After selling my
company, I still needed to be involved. Inner Circle was the clear
answer for me. Inner Circle allows me to be involved in 30 or 40
businesses all at the same time. It really keeps my juices going. I
enjoy the process of meeting new people and learning about their
businesses - whether they choose to become members or not."
-Floyd Adelman, Franchise Owner, Twin Cities, MN
FAQs
What is the role of the franchisee?
Franchisees
are responsible for recruiting members and forming Inner CircleŽ
groups. They do this through their existing networks, through direct
mail campaigns, through public speaking and more. High quality
materials and support are provided by the franchise. Franchisees also
facilitate the monthly meetings, bringing value to the group through
the application of good facilitation skills: asking probing questions,
drawing all members into the discussion to encourage balanced
participation, keeping the meeting on task and on time, and often just
fading into the background and allowing the group to do its work. The
franchisee may also choose to use Associates, who can assist with some
or all of the above mentioned responsibilities.
How does the typical Inner Circle
franchisee operate their business and how much time do they spend?
Inner
Circle franchisees spend one morning a month facilitating each of their
Inner Circle meetings. The meetings are three hours in length,
scheduled on a fixed day (example - second Tuesday), and are held at a
hotel or other meeting center. Other activities include marketing the
Inner Circle model to the local business community and recruiting new
members. After the initial start-up phase, franchisees generally spend
only a few hours a week on administrative responsibilities; the
operation is simple and flexible. Most of the time is spent interacting
with current members or potential members, discussing issues, preparing
members for upcoming presentations, considering new ideas and putting
members in touch with resources. Most franchisees operate their office
out of their home.
What makes an ideal Inner Circle franchisee?
The
ideal franchisee is a seasoned business professional and entrepreneur
who is well connected and highly respected in their local community. A
franchisee must be other-centered and empathetic. This is an essential
aspect to operating within the Inner Circle system.
I've been in corporate America for my entire career.
Can I be a franchisee?
The
Inner CircleŽ system works well for executives who are able to follow
our proven system. Being well connected and highly respected within
your small business community, coupled with the ability to be
other-centered are the most important criteria.
