The process of investing in a One River School of Art and Design is fairly straightforward. We want our franchisees to be informed about what it takes to invest with us, so we’ve developed resources like this eBook to achieve transparency. Here’s a quick look at a few of the key steps in the process of partnering with us.
OWN A ONE RIVER FRANCHISE
Step 1: Reach Out
Using the contact form on our website, let us know you’re interested in investing! You can also use this form to simply ask a question. We’ll set up a time to talk at your convenience. During this initial conversation, we’ll get to know more about you and your reasons for wanting to invest. We’ll also let you know more about our business, and what we’re looking for in a franchisee. If it seems like we’d be a good fit, we’ll move on to the next steps!
Step 2: Due Diligence
During this stage, we’ll both get to know more about one another. You’ll review a copy of our franchise disclosure document to learn all of the details of the investment. This is a dense legal document, so don’t hesitate to enlist the help of an attorney to ensure you have a thorough understanding. You’ll also spend some time getting to know our corporate team and seeing for yourself what it’s like to own a franchise. Meanwhile, we’ll conduct some background checks to ensure you meet all of our requirements for franchisees.
Step 3: Signing the Franchise Agreement
When we’ve both decided to move forward, you’ll sign your franchise agreement and officially become part of the One River team! Your initial franchise fee will be due at the time of signing. Once this is taken care of, we can really get started on opening your new school.
Step 4: Pre-Opening
You’ll take part in our week-long training program, learning the ins and outs of how to implement our business model. We’ll help you to find just the right location for our newest One River School of Art and Design. Once we’ve found it, we’ll work with you to acquire the furnishings, tools, supplies, and instructors you’ll need to do business.
Step 5: Opening Your Doors and Beyond
Once everything is in place, you’ll be able to open your doors for business! Leading up to your grand opening, we’ll help you implement a targeted marketing campaign to generate a buzz around your new venture. Afterwards, we’ll continue to support you as you work to establish a strong customer base and grow your new school.
Our Ideal Candidate
As we mentioned earlier, we don’t expect our investors to demonstrate any particular skillset. Rather, we’re looking for franchise owners who share our mission to improve communities through art education. Furthermore, our franchisees should meet the financial requirements we’ve outlined above. If you have the means and the drive, the One River franchise opportunity just might be right for you. Our ideal candidates include:
- Stay-at-home moms whose children have gotten older. Now that you have some extra time on your hands, you might be thinking of rejoining the workforce. Getting a corporate job is a great way to earn some extra money, but starting your own business has much greater potential! Not only would you be able to enjoy a greater share of the profits, One River encourages our franchise owners to work on their own schedule. Becoming a franchisee would allow you the flexibility you want to spend time with your family and go on vacations without needing to consult a human resources department.
- Corporate executives who are looking for a change of pace. Are you tired of putting your expertise and business acumen to use for a company that doesn’t allow you to reap the rewards of your hard work? Starting your own business is a great way to change things. It’s easy to open one or multiple One River Schools of Art and Design, so absentee ownership is a great possibility!
These are just two examples of prospective franchisees we commonly work with. Our time-tested business model is a great fit for qualified investors of all types.