Recently we sat down with
Artin Tounian, the President and Founder of Prime National Credit Repair, to
talk about his franchise opportunity and what sets his company apart in the industry.
How was Prime National Credit Repair originally
conceived and started?
The Greater Los Angeles
recognized the compelling importance of credit repair after credit scores
became integrally associated with the everyday life of each individual. In turn,
I decided to start Prime National Credit Repair to help my community and friends
establish more than just a good "credit score", but better yet —
acquire jobs, provide a roof over their family’s heads, purchase a car, get
approved for a credit card, enjoy lower interest-rates, etc.
Prime National Credit Repair
began with one individual and one objective and through networking and
providing outstanding results, the business saw significant growth year after
year.
What was your original vision for your company? How
has that changed over time?
Originally, Prime National’s
mission was to serve the Greater Los Angeles community. After a decade of
prodigious results and a higher standard of living amongst its locality, the
devotion to help nourish the greater public and bridge the vast distance
nationally, finally became feasible. As those new goals were developed, I
capitalized the business and turned it into a licensed opportunity model.
What do you believe is the single most important
factor when choosing a franchise?
The most important factor for
me is choosing a company that is truly the market leader in their industry.
There is no other company
that is light-years ahead of their competition in their specific industry other
than Prime National. Our service timeframe is 30 days. Our competitor’s
timeframes are 6 months to over 1 year.
Why should someone choose Prime National Credit Repair
over other similar franchises?
We have faster and greater
ROI’s compared to any franchise. Compare us to any franchise opportunity and we
outshine everyone in every which way.
What makes the credit repair industry so attractive?
Our market includes over half
of the US population. Credit Repair is also an attractive, low overhead
opportunity with plenty of income potential that happens to be
recession-resistant.
What types of qualities do you look for in potential
franchisees?
We are seeking highly
motivated, honest professional people with excellent people skills who are
passionate about helping other individuals.
What do your franchise fees and royalties cover?
The only fee you’ll pay is
the standard license fee, which covers your training, support, and coaching.
How do territories work for at Prime National Credit
Repair?
We do not enforce exclusive
territory restrictions. We enable our Consultants to capitalize on
relationships they may have outside of their own territories and help generate
an extended customer base outside of their communities.
Why has your franchise model been successful?
We have a high-demand service
and we’re the best in our industry. That’s the recipe for success!
Where do you see your franchise in 5 years and 10
years?
Exponential growth!
What is your favorite advice for new franchisees to
help them succeed?
The second you are approved
and jump on board with us, you will be part of a very successful family. Your
family will help you with everything from day one. The staff we have at Prime
National is second to none, and we will go out of our way to help you succeed.
What would you tell potential franchisees that may be
nervous about the financial burdens of starting a franchise?
Investing in a franchise is a
serious investment. We believe that a person needs to enter an opportunity with
the right state of mind, and should also have sufficient funds available for
incidental expenses such as advertising.
On average, how long does it take to start a new Prime
National Credit Repair from the franchisee’s point of view?
We can get you started and
helping your first client within a matter of days.
What was your background and experience before
founding this franchise?
I have been involved with
Credit Repair since I was 15 years old.