|
Below are
frequently asked questions
about opportunities with LMI |
Q:
What is the difference between a Master Licensee and a Licensee?
A: A Master Licensee is an
individual who acquires the exclusive rights to a country or area within
a country. The Master Licensee has the rights to sell licenses
locally and oversees the continued development of licensees, the LMI
process and materials within their area. A Licensee owns their own
business and has the rights to sell and service LMI materials.
They can also hire associates to sell and facilitate.
Q: How
much is an LMI Master License?
A: Estimated start up costs will
vary depending on exchange
rates, market conditions, and personal situations.
LMI will require a personal and confidential Financial Statement before
a person is considered for an appointment as a Master Licensee.
Q: Will
LMI Finance the start-up costs?
A: No, a Master Licensee must have
the financial resources to start and maintain the business for a minimum
of one year.
Q: How
do I know if an opportunity for owning a Master License is available in
my area?
A: The most effective way to
determine what opportunities are available for you in your area is to
contact the International Franchising
Department. LMI will research and provide you with what
opportunities are available for you in your area.
Q: What
if I want to be a Licensee or Associate with an existing Master
Licensee, who do I contact?
A: You can contact the Master
Licensee directly or send your request to LMI and we will forward the
information to the local Master Licensee.
|