Grow With Franchise Partner Investment
A franchise model allows you to grow and expand your business with other people's capital.
The Franchise Partner provides all the start-up capital required to establish the additional business unit. So, your costs remain relatively the same whether you want 2 or 20 business units.
Motivated People Growing Your Brand
The average employee will spend 18 months in a job, whereas the average time a Franchise Partner spends in their franchise is eight years.
Franchise Partners are motivated and invested in the brand's success, often referred to in franchising as 'skin in the game'. Some advantages are a long-term commitment, improved operational function, and productivity.
Speed Of Growth
Opening or starting additional locations is expensive, risky and time-consuming.
A franchise model allows franchisors to grow as quickly as they can onboard new Franchise Partners and their capacity to provide training and support with the unit establishment.
Franchising allows the head office to function with a much smaller staffing resource than a similar-sized employee operation. This is because Franchise Partners are responsible for many day-to-day responsibilities and tasks.
Reducing or alleviating management resources and other associated costs usually required to support and sustain similar growth within a business ultimately results in a more profitable outcome.
Fully Scalable Model
A franchise model allows the franchisor's organisation to grow exponentially from one set of franchise documents, so whether the objective is to open two more business units, or 200+, a franchise model makes this possible.
Expansion Into Additional Markets
Once the franchise documents are drafted, adding services that complement and operate in similar industries and markets can be relatively simple. This enables the franchisor and Franchise Partners to achieve organic growth with little capital outlay.
Franchising significantly reduces the risk for the franchisor. In a typical franchise model, the Franchise Partner is responsible for the upfront investment in establishing the franchise, including purchasing plant and equipment, premises fit-out, hiring employees, and any working capital required initially.