College Assistance Plus

Opportunity Cost

  • Liquid Capital Required: $20,000 - $75,000
  • Net Worth Required: $150,000
  • Total Investment: $30,000 - $50,000

About College Assistance Plus

  • Total Units: 4
  • Year Founded: 2004
  • Home Office: Rochester, NY

Q&A with College Assistance Plus with Liane Crane, Business Development Manager

How was your franchise/opportunity originally conceived and started? 

As a successful consulting business, we brainstormed ideas to reach more families as the college debt crisis continues to grow.

What was your original vision for College Assistance Plus?

Originally it was to help friends and family and the local community, we soon realized it was a  national problem too.

What do you believe is the single most important factor when choosing a franchise?  

At the end of the day, will you be doing something that makes you happy?

Why should someone choose your franchise over other similar franchises? 

We have a ten year proven business model that focuses, unlike similar businesses, on the financial aspect of college, not just the prestige.

What makes your industry attractive? 

There is an evergreen market of college students and at $1.2 Trillion, college debt is not going away any time soon.

What types of qualities do you look for in potential franchisees? 

Presentation skills

Ability to close sales

Inherent wish to help people

Self motivation.

What do your franchise fees and royalties cover? 

Franchise fees cover one week of training, startup marketing materials and customer service support after a client sale.

Why has your franchise model been successful? 

We know exactly what it takes to be successful and train our franchisees to understand those methods.

Where do you see your franchise in 5 years and 10 years? 

In 5 years, we will have 20+ franchised businesses. In 10 years, we will have at least one franchise in every state. 

What is your favorite advice for new franchisees to help them succeed? 

After training you will know more than your potential clients, don’t be afraid to share that with everyone you meet.

What would you tell potential franchisees that may be nervous about the financial burdens of starting a franchise? 

It’s all about commitment to wanting to succeed and understanding the need to present seminars.

On average, how long does it take to start a new franchise from the franchisees point of view?

You can start the day after training (assuming all paperwork is completed) and the first sale should be in 4-6 weeks.

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Please Note:

College Assistance Plus is currently accepting inquiries from the following states: Wyoming, West Virginia, Wisconsin, Vermont, Virginia, Utah, Tennessee, South Dakota, South Carolina, Rhode Island, Pennsylvania, Oregon, Oklahoma, Ohio, New York, Nevada, New Mexico, New Jersey, New Hampshire, Nebraska, North Dakota, North Carolina, Montana, Mississippi, Missouri, Minnesota, Michigan, Maine, Maryland, Massachusetts, Louisiana, Kentucky, Kansas, Indiana, Idaho, Iowa, Georgia, Florida, Delaware, Washington, D.C., Connecticut, Colorado, Arizona, Arkansas, Alabama, Alaska.

Interested parties should have at least $20,000 in liquid capital to invest.

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