The franchise advantage.
There are a multitude of reasons companies turn to franchising. Every company is different. But, broadly speaking, franchising provides you with several commercial levers. The effectiveness of each lever will differ, depending on your business model and your intentions as owner, but we’ll work to make sure all of them are within your reach.
The three key levers are: money, people, and time.
Money
When you franchise, your franchisees bring their own capital to open new sites or purchase existing ones. That means you don’t have to raise capital to scale your business, giving you the flexibility to supercharge your growth plan.
People
Because franchisees invest their own capital into a franchise, they’re powerfully incentivised to make the operation a success. They’ve got a vested interest in your franchise and are often more productive than their employee-manager counterparts.
Time
The access to quick capital through franchising can dramatically speed up your business’ growth. Larger scale can bring you greater efficiency in the form of economies of scale, plus first-mover advantages, and defensible market positions.
Among other advantages, you may also find that your franchised business achieves better staff retention, has better Intellectual Property protections, and can access more effective strategy.
Franchize Consultants is an objective advisor, and we’re not going to push you to franchise if it isn’t appropriate for your business. You can explore some factors that might get in the way of your business’ franchise success here.
Download the Franchise Advantage Guide
Get your free copy of the Franchise Advantage Guide – What you should know about starting a franchise system. Find out more about franchising and whether franchising is the right strategy for you with our guide. When you’re ready to take the next step, we’d love to help you understand the opportunities available for your business in a free one-hour preliminary assessment.
Ready to learn more?
We offer a free one-hour preliminary assessment meeting for anyone considering franchising their business. You’ll be able to get much more tailored and detailed information about your franchise opportunities.