{"id":9204,"date":"2018-05-29T11:27:58","date_gmt":"2018-05-29T15:27:58","guid":{"rendered":"https:\/\/www2.franchisegator.com\/articles\/?p=9204"},"modified":"2022-03-03T15:02:17","modified_gmt":"2022-03-03T20:02:17","slug":"industry-qa-with-larry-bell-territory-director-of-mti-telecom-inc-12713","status":"publish","type":"post","link":"https:\/\/www.franchisegator.com\/articles\/industry-qa-with-larry-bell-territory-director-of-mti-telecom-inc-12713\/","title":{"rendered":"Industry Q&#038;A with Larry Bell, Territory Director of MTI Telecom Inc."},"content":{"rendered":"<p><strong>Provide an overview\/ description of your industry. Include reasons why it\u2019s a great industry to start a business in today.&nbsp;<\/strong><\/p>\n<p>Prepaid cards are a billion dollar industry, and growing. People use these products to save money every day.<\/p>\n<p><strong>How has your industry changed in the last 10 years? 20 years?&nbsp;<\/strong><\/p>\n<p>More and more people are finding out that prepaid cards can save them money every day, up to 70% or more in the cost of phone calls.<\/p>\n<p><strong>What trends do you see in your industry over the next 5 years? Next 10 years?&nbsp;<\/strong><\/p>\n<p>We see more electronic enhancement of the products, to allow customizable features, and to more effectively incentivize retailers and customers.<\/p>\n<p><strong>What is the biggest concern about your industry that a franchisee candidate should be aware of and investigate?&nbsp;<\/strong><\/p>\n<p>You must be able to travel by car in your area, and you must be able to get along with people in a friendly business environment, those are key.<\/p>\n<p><strong>Why do you think your company stands out in the industry?&nbsp;<\/strong><\/p>\n<p>The value to the customer, everything else and all success is a derivative of that one objective.<\/p>\n<p><strong>What makes your franchise\/ business opportunity more attractive than your competitor\u2019s?&nbsp;<\/strong><\/p>\n<p>We are the only prepaid card distributorship opportunity in Canada.<\/p>\n<p><strong>Describe the ideal candidate. Do you think your requirements are any different than your competitor\u2019s?&nbsp;<\/strong><\/p>\n<p>People skills are the most important attribute.<\/p>\n<p><strong>What\u2019s the strongest skill you require in a candidate?&nbsp;<\/strong><\/p>\n<p>Ability to work with others, and to be prompt, and courteous with everyone.<\/p>\n<p><strong>Describe the working environment of your franchisees.&nbsp; Is your environment typical of other companies in your industry?&nbsp;<\/strong><\/p>\n<p>Travel to your retailers once every week or two, and discuss their sales, then restock the retailer, and collect the income.<\/p>\n<p><strong>Why has your company been successful?&nbsp;<\/strong><\/p>\n<p>We deliver the best value to the end user, the customer.<\/p>\n<p><strong>What advice would you give someone interested in buying a franchise in your industry?&nbsp;&nbsp;<\/strong><\/p>\n<p>Make sure the product delivers good value to the customer.<\/p>\n<p><strong>How much experience in this industry should a franchisee candidate have should they consider buying a franchise in your industry?&nbsp;<\/strong><\/p>\n<p>No experience is necessary, we provide all the assistance and materials required for success.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Provide an overview\/ description of your industry. Include reasons why it\u2019s a great industry to start a business in today.&nbsp; Prepaid cards are a billion dollar industry, and growing. People use these products to save money every day. How has your industry changed in the last 10 years? 20 years?&nbsp; More and more people are <a href=\"https:\/\/www.franchisegator.com\/articles\/industry-qa-with-larry-bell-territory-director-of-mti-telecom-inc-12713\/\" class=\"more-link\">&#8230;<span class=\"screen-reader-text\">  Industry Q&#038;A with Larry Bell, Territory Director of MTI Telecom Inc.<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-9204","post","type-post","status-publish","format-standard","hentry","category-interviews"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Industry Q&amp;A with Larry Bell, Territory Director of MTI Telecom Inc. - Franchising Blog<\/title>\n<meta name=\"description\" content=\"Prepaid cards are a billion dollar industry, and growing. 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