Ask Canada Immigration Lawyer Evelyn Ackah

On the Ask Canada Immigration Lawyer Evelyn Ackah podcast, host Evelyn Ackah talks with Jeremy Bollington, the president of Your Franchise Is Waiting about his business and how he helps entrepreneurs and business owners looking to move to the US with a franchise business entity.

Bollington shares his background, which includes working in the banking world in London and New York before moving to Charleston, South Carolina and investing in franchise businesses. He explains that he got into franchise business consulting after getting laid off and partnering with an existing consultant. Bollington focuses on helping people find the right franchise to support their E-2 visa application, and he discusses the investment requirements and the process of applying for the E-2 visa.

He also talks about the types of businesses that don't require a physical storefront and the trends he has observed in the franchise industry.

Jeremy Bollington can be reached through LinkedIn or his website:

LinkedInYour Franchise Is Waiting

Here are the key takeaways from Evelyn Ackah's podcast interview with Jeremy Bollington.

Jeremy assists entrepreneurs and business owners moving to the US with franchise business entities.

1. Jeremy's Background:

• Jeremy is originally from the UK and moved to New York in 1997 with a banking career.
• He transitioned into franchise business consulting after being laid off in 2015.
• Invested in beauty brands and transitioned into helping others with franchise sales and support.

1. Franchise Business Consulting:

• Jeremy helps clients, particularly those without business formation experience, find suitable franchises.
• Focuses on E-2 visa candidates, helping them navigate investment requirements and business operations in the US.

1. Challenges and Considerations:

• Discusses the importance of having sufficient funds not just for the franchise but also for personal living expenses.
• Highlights the significance of understanding credit history challenges when moving to a new country.

1. E-2 Visa Process:

• Explains the timing and process for E-2 visa applications in relation to franchise investments.
• Advises clients on making necessary investments and preparing for visa interviews while undergoing franchise training.

1. Types of Franchises:

• Mentions various service-oriented franchises that do not require a storefront, such as in-home senior care, irrigation, window treatments, and estate sale businesses.
• These options often have lower initial investments compared to storefront franchises.

1. Market Trends and Client Origins:

• Noted a trend of clients from Germany and other parts of Europe, in addition to Canada, seeking opportunities in the US.
• Motivations include economic frustrations in home countries and the appeal of US market opportunities.

1. Support for Existing Franchisees:

• Jeremy primarily works with new franchise arrangements but also supports existing franchisees in some cases.

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