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Family Financial Centers

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What to know about Family Financial Centers franchise? You will operate a financial services center offering check cashing, money orders, wire transfers, electronic bill payments, fax and copier services, tax preparation services, and other financial products offered through third-party vendors under the name "FAMILY FINANCIAL CENTERS®. You will provide these services to the "unbanked" and "under-banked" population, as well as to those who may have had difficulty in the past obtaining financial services from traditional financial institutions. You will also offer many of the same services to small businesses that cannot obtain these services from their local bank. These services will be provided in a professional, customer service-oriented environment. You will receive comprehensive training in all aspects of operating the franchise, including management, marketing, accounting, compliance with state and federal regulations governing money transmitter businesses, and employee relations. Their team will provide you with marketing support, help you to find and train employees, and be there to answer any questions you may have. Family Financial Centers is based in Doylestown, PA. Scroll down to learn more!How much does a Family Financial Centers franchise cost?Are you wondering how much is a Family Financial Centers franchise? Before starting a Family Financial Centers franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Family Financial Centers franchise is $18,500 and can go all the way up to $307,010. Keep in mind, you should also allocate additional funds to live off of while the Family Financial Centers business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Family Financial Centers franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Family Financial Centers business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Family Financial Centers franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

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