It’s probably no secret that you want something in business that is big, but pay very little for it, this is pure human nature, however, is it really that realistic in franchising? This short article might just be the answer you are looking for.
Some of the best opportunities within franchising start with a moderate franchise fees that are affordable, so it is easier to get into to start with, with low monthly fixed costs, so you do not burn through cash, and high margin with repeatable business, you might ask how this is even possible? Maybe too good to be true? Well, look no further…
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No doubt you would want to look at a franchise that is born from a well established business, after all, you want someone else to make all the failures before you do, if there is a franchise option that has done this for you, is this still too good to be true?
You will not then want to be the ‘guinea-pig’ or early adopter, you’ll want some proof that the franchise works for franchisees as well as the founding owner, so if there is a franchise option that offers this, is it still too good to be true?
Moving on to getting started, worried about paying the fees to start the franchise and being left alone? If it was proven that there was initial AND ongoing support, throughout the entirety of the franchise term, would that again, be too good to be true?
You will be worried about how you generate business, in the short and long-term, after all, new business and repeat business is the lifeblood of any business and cashflow, what if again, this was a well-trodden, proven format, honed over many years for you to replicate, would this still be too good to be true?
How about social proof, the ability to show you historic customer feedback and current franchisee testimonials would be the way to go, would you think?
Finally, at some stage you will want to exit your business, you might not always necessarily plan to do so, but life happens doesn’t it! A business that can partly operate without you, generate high margins, repeat business and consistent might again be too good to be true for you, but you’ve probably a far better chance of exiting at a higher value if you find a business like this.
How’s the article reading to you so far? Still too good to be true?
It’s my pleasure to introduce you to the Founder and Managing Director of The Party Tent Company Franchise Iain Griffiths.
Iain is offering franchise opportunities throughout the UK, Iain does not just want anyone, finding the right ‘fit’ is the most important element for him.
Have another read of the article above, feel free to check the business out and if you would like to receive franchise information, request a prospectus today and we will send you one via email and see if you would like to have a conversation.
Or… you might not bother, if it’s still too good to be true! We will leave it up to you!
Richard Pakey is a franchising expert and Managing Director for the award-winning Lime Licensing Group and can be contacted in the following ways:
Email: richard@limelicensinggroup.co.uk
Mobile/text/whatsapp: 07904 697591
Franchise Consultants in Cambridgeshire
