Who are you?
Josh is a former Marine Corps Infantry Officer. After graduating from the U.S. Naval Academy, he spent time as a platoon commander and Company Executive Officer with 1st Battalion, 8th Marine Regiment. He then served as a Liaison Officer in the U.S. Embassy in Amman, Jordan. Finally, he transitioned out of the Marine Corps and spent 6 months studying Mandarin in Guilin, China. He has a passion for business, helping others achieve their goals, reading, and water sports.
His brother Ryan also works on the Tracer consulting team. Ryan is an experienced business advisor and strategist with five years as a B2B and consumer high-value technology consultant.
We have partnered with Mike Handy, who has over twenty years of experience in the franchise industry as a founder of a franchise, a franchisee, a franchise development consultant, and a franchise consultant. This way, we can ensure you receive the absolute best advice possible
What are your specialties?
As a veteran, Josh specializes in helping transition military members into business owners. Ryan specializes in applying technology to help match candidates with the right franchise.
Further, we both help foreign nationals and their family get a business visa that will be renewable as long as you are in business. We are extensively trained to handle all kinds of people interested in franchising.
Are all franchises a restaurant?
Not at all. We have over 470 franchises in over 35 industries and food is only one of those industries. Go to our franchises here and see all the different kind of franchises we have!
What is a franchisee and a franchisor?
A franchisee is someone who owns a franchise. Franchisors are the central team behind a franchising business – their president, national marketing team, development team, IT team, and everyone else at corporate that helps the franchisee succeed. So when we say the franchisor will help you do something, we don’t mean one person- we mean several teams of people!
What is a Franchise Disclosure Document, or FDD?
The franchise disclosure document (FDD) is a legal disclosure document that must be given to individuals interested in buying a U.S. franchise as part of the pre-sale due diligence process. It contains information essential to potential franchisees about to make a significant investment. See more info here: https://www.investopedia.com/terms/f/franchise-disclosure-document.asp
What's "the process"?
The process is a system of 10 steps used to guide candidates seeking financial independence through franchise ownership. The steps are:
- Initial consultation.
- Learning the candidate.
- Professional advice.
- Financial independence.
Are your services really free? How do you get paid?
Yes, our services really are free to you! We speak with hundreds of people about franchising, some who are just interested in getting informatino, and some who are serious about buying a franchise. When those people go through “the process” and buy a franchise, the franchisor pays me a referral fee – kind of like an executive recruiter.
Why buy a franchise instead of some other sort of business?
- There is already a successful business model that has been developed and proved over and over again. Sometimes, hundreds of times!
- Franchisors offer training and continuous support to their franchisees. The training is one of the best things about franchises! They can take what skills you do have, and teach you what you need to know so you can get into a business you would never have thought possible! After the training, they have the mindset that you are now part of their little family and will be treated as such. Furthermore, they have to ensure you are protecting their brand name by only offering the best service.
- The Franchisor makes money from royalties. This means they only make money if you make money. So they will help you make money every way they can. This means national marketing campaigns, resources for local marketing, training academies for your employees, and so much more!
- Lastly, you get to use their name. Customers often choose the company whose name they know instead of one they don’t. This means even though they have never heard of you personally, from the moment you open your doors, you have credibility that a new business doesn’t.
What is the business visa you can help overseas entrepreneurs get?
It is called the E2 visa, ask us about it!
What are the minimum requirements?
You need to invest about $100,000 in a new or existing business that employs at least 2 US residents in some sort of office/warehouse/store front. Minimum 50% ownership of the business. You have to prove you have the ability to run a business and a completely passive business is not acceptable.
Do you know a trustworthy lawyer to help me with the process?
Yes! And if we recommend you to him, you will get a free consultation!
Do you have examples of franchises who will work with people looking for E2 visas?
We work with hundreds of franchises that happily work with E2 visa candidates so we can find the right one for you! The lawyer we partner with has recently worked with OfficePride, Handyman Matters, Best in Class children’s education, Tutor Doctor, Paradis Danish ice cream, and Flying Locksmith. If you don’t like those, we guarantee we will find one you do like, don’t let this limit you!
Who is this lawyer you work with?
His name is Bobby Chung, and he is amazing. He has 108 reviews and they are all 5 stars! See for yourself: https://www.avvo.com/attorneys/91776-ca-bobby-chung-226820/reviews.html
This is his website: http://e2visalawyer.net/ If you email Bobby, let him know you got his information from us, and he will give you a free consultation!
Who can accompany the business with an E2 visa?
The spouse and children under the age of 21 can all come! They all can work and go to school while here.
Who qualifies for this visa?
Only E2 Treaty Nations. The full list of eligible nations can be seen here: https://travel.state.gov/content/travel/en/us-visas/visa-information-resources/fees/treaty.html
How long does it last?
Usually 2-5 year increments, depending on the treaty between your country and the United States. This visa renews indefinitely as long as the business continues.
What is the E-2 visa timeline?
Remember, through all of this the franchisor’s team, Bobby, and I will be guiding you through the process. First, you apply to the U.S. Embassy in your home country- it will usually require a visa interview and 1-3 months of processing. Then you come to America to meet the franchisor in person, sign all the paperwork and get the business going.
While in America you apply for a change of visa status and you don’t need to leave! In fact, no interview is necessary. Once you submit your application, it will take about 3 months to process but expedited processing is available. There is no travel authorization. For more details see this one page PDF document: (The PDF is in the google drive under E-2 visa).
Are there other visas available?
Yes! The EB-5 investment green card is available. There is a minimum of $1.8 million investment in a commercial enterprise in the U.S. This amount may be reduced to $900k if the business is located in a high unemployment area or rural area. It must create at least 10 full time jobs for U.S. workers within 2 years through direct employment.
There is also the L-1 Visa. It is for a manager of a foreign company that has established a subsidiary in the U.S. All questions about the L-1 visa should be directed to Bobby Chung.