Whether you are looking to buy a franchise or set one up, getting specialist advice is pretty important. This can be a lucrative area of business if you do things right but can quickly go wrong if you don’t know what you are doing.
A franchise specialist is basically your one-stop shop for all the information and guidance that you need to be successful. Part mentor or coach, part information repository, this is one connection you should make if you want to get things right.
The kind of people we are able to help and advise at the Franchise Specialist include:
Existing franchisors:
If you are already operating a franchise but feel that it could do better, talking things through with a specialist certainly helps. You may have already opened a couple of franchises, found it works for you and want to discuss what to do next.
Should you hold and stay with what you have or open up places? Are there things you could be doing better? Sitting down with a specialist will give you a whole new perspective.
New franchisors:
The time you really need specialist advice is when you are first contemplating a franchise. You’ve got a successful business model and you want to explore how franchising can help you expand.
What you really want to do is get all the right building blocks in place so you have more chance of being successful. How do you find the right franchisees? What support are you going to provide? What legal areas do you need to look at?
A franchise specialist will be able to work through all these areas with you so that you feel confident from the outset.
Existing franchisees:
We also provide advice and guidance for franchisees. Maybe you’ve already taken on a franchise and are wondering if you have made a mistake. Perhaps you want to improve you takeover or communicate better with the franchisor. You may just want some mentoring or coaching outside the normal structure of your business so that you can get a different perspective.
New franchisees:
Becoming a franchisee is an attractive proposition for many people who want to run a business but don’t want to build it from the ground up. You are essentially taking on a tried and tested model and that should make success more likely.
Which franchise to pick, however, can be quite a challenge.
What are the ups and downs of being a franchisee? Is it right for you at this moment in time? Getting in touch with a franchise specialist can be really useful. They will help you work through any offers you are interested in or guide you to the right franchise for your particular personality and skill set. They will also help you avoid many of the pitfalls that new franchisees face when they are first starting out.
Contacting the Franchise Specialist
Author of Buying a Franchise – The Keys to Success, Len Rainford has some 30 years’ experience of franchises. He’s worked with both franchisors and franchisees during that time, helping them achieve their full potential and avoid the mistakes that can prove so costly.
If you are considering setting up a franchise, want to take one on or simply need advice on this complex and exciting area of business, contact the franchise specialist today.
