Tile & Grout Monster Franchise Opportunity … would suit it you?
Are you looking for a franchise opportunity and don’t know where to start?
Do you have the desire to be your own boss but working within a network?
Franchising is a tried and tested method that has been used the world over. Its a sound way to invest in yourself while also having a team to fall back on. Popular food franchise opportunities within UK & Ireland include Subway, KFC, McDonalds & The Street. What if you aren’t into food? Is there another franchise opportunity within the UK & Ireland to look at. Yes, yes there are. Each one has its benefits & drawbacks.
What is the right franchise opportunity for you?
Well before you decide look at what exactly you have to bring to the table. Are you flexible with your time, can you motivate yourself to get a job done? Just finding a franchise opportunity wont magically make it successful. The success of a business is a reflection of everything you dont see. It can be incredibly daunting to go it alone.
This is exactly why finding a franchise opportunity can make owning a business less daunting.
Entrepreneur.com researched and discussed 10 reasons to select a franchise opportunity if you want to own you own business.
These 10 reasons are listed below – why chose a franchise business
Track record of success – any good franchise company worth its salt is going to have a track record for you to examine and question. They will have developed methods of doing business and doing it well. You can examine the successful results and discuss the pitfalls that they have faced.
Strong Brand – branding is one the the biggest advantages of owning a franchise. Look at the golden arches of McDonalds. Irrespective of what country you visit, you see those golden arches and you know theres a Big Mac waiting for you. Yes some franchises will be better than others. The McDonalds in Hawaii serve their meals with a fresh side of pineapple. Las Vegas McDonalds serve drinks as big as your face !! A successful brand will add value in the eyes of the consumer, with brand recognition.
Training programs – a good franchise company has training programs designed and developed to bring you up to speed. They will hold the key to fast tracking through the ‘noise’ that comes with starting your own business.
you still with me?
Ongoing Operational Support – a successful franchise opportunity will have staff dedicated to providing you with ongoing assistance. Marketing, HR, Budgets / Accounts these are all the hidden jobs within starting your own business. It can be incredibly daunting thinking up a Marketing campaign whilst also trying to book appointments and then actually getting the job done. Good franchises should have this all in place ready for you to dip into whenever you need to. What great way to know you are not alone and that there is an experienced team behind you
Marketing Assistance – this has been mentioned before. What if you have no idea on how to market your business. You know you have what it takes to do the actual job. However the admin and marketing side isn’t for you. This is where a franchise opportunity will benefit you. Staff will be there to develop your marketing plan with strategies they know work. A budget for you will have been developed. In addition the franchise will be continuing to develop a marketing strategy for the business as a whole, which you are now part of.
Real Estate Assistance – it can be hard finding the right location. Then navigating the world of leases & legal guarantees. Most franchises will have manuals, documentation and staff to help you negotiate the best deal. This can be a very important advantage that can keep your costs down and provide the best success for any site driven business.
nearly there ..
Construction Assistance – if you decide to choose a franchise that requires a base, then its an asset to be part of a franchise. Franchise companies can provide a wonderful benefit in helping you design the layout of the business. Use contractors they have faith & trust in. Provide a framework to allow you to maximise your initial investment.
Purchasing power – a good franchise can take advantage of the buying power of the entire system. Negotiate lower prices at significantly lower levels. This applies to inventory, supplies, uniforms and everything else you will need on a ongoing basis.
Risk Avoidance – the final point makes up 9 & 10 !! The biggest reason to find a suitable franchise opportunity is that, if you have done your homework. It will help you avoid much of the risk of starting a small business. You will be part of a larger team with the freedom to run your own business. Risks are spread across the board as are the benefits.
If you have stayed this long and read through this blog you will see there are major challenges to starting an independent business. The biggest challenge of all is finding a product / service that will continually give you a return on your investment. Yes you will have to pay franchise fees. You can pay the franchise fees or you can pay for the many expensive mistakes you will make when you are starting out independently.
Using a franchise opportunity to meet your goal of starting a new business is a sound approach for most people,
for all the reasons above and many more
check out the Tile & Grout Monsters Facebook page to see videos and pictures of our MONSTER Machine at work.