How much money can I expect to make?
The answer to that question is largely up to you. There is no ceiling on your income potential and no way to predict with certainty how much or how quickly your business will grow. Some offices do extremely well in their first year; others may take a little longer to gain traction. Section 19 of our Franchise Disclosure Document summarizes earnings potential based on the performance of existing offices. But every franchise experience is different. If you are goal-oriented and committed to success, you may be able to equal or exceed our top performers.
How do you decide the size of my territory?
We negotiate each territory individually with prospective franchisees. The goal is to create market areas that have populations large enough to support a healthy office but are not so large that marketing resources are strained and marketing efforts are ineffectual. The rule-of-thumb (though not a hard-and-fast rule) is a population of between 500,000 and 1.5 million people and/or a driving radius of approximately one hour.
Can I provide services in addition to those that are typically provided by Criterium franchises?
The franchise agreement requires a full-time commitment to the business. That said, we do allow franchisees to engage in certain non-engineering business activities or other engineering consulting services, on a limited basis, as long as they do not conflict with the consulting business. Criterium Engineers will consider these requests on a case-by-case basis.
What does the franchise fee cover?
The franchise fee entitles you to share the name recognition and national reputation Criterium Engineers has developed. Franchisees also receive:
- Comprehensive training in our business methods and systems;
- Access to our software, manuals, forms and professionally-developed marketing materials;
- Referrals from national accounts;
- Access to group benefits, such as professional liability insurance;
- A modern, mobile-responsive website;
- Technical and business development support; and
- The opportunity to work with some of the best engineers in the country.
Have any Criterium franchises failed?
Even with all the advantages of a Criterium Engineers franchise and all the support we offer franchisees, we cannot guarantee your success. Too many factors within your control will determine your ultimate success. On average, approximately 2 percent of all existing Criterium franchises close each year. Some close because of business-related issues, but most closings occur for personal reasons, for example, because franchisees retire or decide to pursue other interests. Our Franchise Disclosure Document describes the office closings in each of the last three years.