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Business Broker Franchise
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VR Franchise Timeline

We are here to help you build your VR office and build your business. Presented is a step-by-step outline of the necessary steps from your initial inquiry to the opening of a VR Franchise.

 

1. Initial Inquiry - Click here to receive information about owning your own VR franchise

You

ü       Send information request

ü       Join our mailing list to stay up to date about VR and our industry

ü       Call to learn more about VR

VR

ü       Sends you VR overview presentation

ü       Sends you invitation to our next Live Webinar

o        Answer your questions

 

2. VR Webinar

You

ü       Attend the next Live Webinar

ü       The Webinar is your opportunity to see VR’s back office systems, marketing materials and training programs

o        Ask questions

 

VR

ü       Live Webinars weekly

ü       Invitation sent out Monday morning and reminder the day of the Webinar

ü       The VR Webinar is a live demo of VR systems, marketing & training

3. Confidential Personal Profile (Franchise Application) - Click here to go Franchise Application

You

ü       Complete and submit the Confidential Personal Profile

VR

ü       Reviews your Confidential Personal Profile for Preliminary Approval

ü       Sends you the VR Franchise Disclosure Document (FDD)

ü       Sets appointment to answer FDD questions

 

4. Franchise Disclosure Document (FDD)

You

ü       Appointment with VR to discuss the FDD and answer questions

ü       Review FDD

ü       Contact VR owners, ask questions and learn more about VR

VR

ü       Explains how the FDD is organized and answers your questions

ü       Send you VR office owners contact list

ü       Schedules call for VR Executive Interview

 

5. Executive Interview

You

ü       Tell us about your background and your vision for your office, your goals

ü       Ask questions about VR and your office

VR

ü       Learns more about you and your background

ü       Discuss VR vision & mission

ü       Answer your questions

ü       Executive Committee decision to approval or disapprove granting a franchise

 

6. Franchise Agreement

You

ü       Tell us you are ready to move forward and open your office

ü       Identify your location (city) interests for approval and agreement

ü       Executive Franchise Agreement and return to VR

VR

ü       Sends you a Franchise Agreement for execution

ü       Upon receipt of your signed Franchise Agreement and funds, VR executes the Franchise Agreement and returns it to you

 

 

7. Training and Getting Started - Click here to see the VR training program

You

ü       Start your two week self study program in preparation for your Initial Owner Training program at VR Global Headquarters

ü       Building your VR office website

ü       Familiarize yourself with VR office systems and materials

 

VR

ü       Sends you your Welcome Pack with your training materials and Office Opening Check List

ü       Sets up your usernames and passwords for access for VR WebManager and BizEx systems

ü       Sets up our email accounts

 

8. Initial Owner Training

You

ü       Book your travel and accommodations for the next available owner training

ü       Arrive Sunday night, training begins Monday morning at 8:30 AM

ü       Training materials are provided, you need only basic materials for notes

ü       Registration in the VR “Master Business Intermediary Academy

 

VR

ü       Comprehensive five day training at VR Global Headquarters for you and a partner/co-owner

ü       Mentor program upon completion of your training

ü       Additional training materials provided when you arrive

9. Site Selection & Approval

You

ü       After completion of training submit photos, office layout and area information to VR for review and approval

ü       Upon approval, execute a lease for your site and new office

ü       Start office opening procedures

 

VR

ü       Reviews your proposed site

ü       Send approval if site is suitable and meets VR standards

10. Implementation of Business Development Plan

You

ü       Start building and growing your office by implementing the VR Business Development Plan and the action plans you developed during training

VR

ü       VR Business Development Plan was reviewed in training and sent with your welcome pack

ü       VR Superstore has marketing materials and promotional materials

ü       VR WebManager has forms, letters and templates for your office

 

 

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