What franchise services should a franchisor offer?
A home services franchise could be misconstrued as a home help franchise. There are subtle differences in the wording when using a search engine. Someone searching for a service franchise is probably looking for ways to offer their expertise to other franchisees. The best service franchises are probably B2B business to business services for an ongoing contract, although it is often the smaller franchisee that needs more help. So whether you are interested in offering management services or marketing services or franchise information services, if you want to be on the road or have a home office, or are not 100 per cent sure yet exactly which industry you want to be in… enter your details now on the form above and you can use Approved Franchises free service to compare pre-approved franchise companies and find a franchise that suits all your requirements.
The banks are more than happy to lend to franchise businesses and some even have their own franchise department for franchisee service and franchise information services. The Nat West says they are the first UK bank to recognise the potential of franchising, and remain the clear market leader in the provision of banking services to both franchisors and franchisees. Banks and entrepreneurs alike tend to feel that franchise businesses are a safer option than a tradition independent business start-up. Storage Franchises have gained lots of funding recently.
Franchise Industry continues to boom
The franchise industry is growing and growing and more and more people see franchising as a way to invest in themselves and their own business. There are home service business opportunities and franchise it services to service the franchisees who prefer to outsource the areas of their business that they are not experts in. This is where a franchisee service can offer help in any number of areas. A customer service franchise could entail providing franchise businesses with details of local solicitors or tax accountants or consultants who can help from start to finish of setting up a new franchise business including franchise resales.
A service franchise or franchise consultant might look at an existing business from top to bottom to review finances, staff levels, quality and performance and give a report on ways to improve the bottom line and the overall profit of the business. Someone offering a franchisee service will use their skill set that they are expert in to improve an existing business. For example, HR and staff training is a vital component to running a successful business. A new franchisee may have management experience and know how to get the best from a marketing campaign but may have no idea how to train staff in their specific roles. Have you considered and outdoor sports franchises
There are service franchise opportunities specialising dedicated areas for example the food and restaurant industry, or retail franchises, or cleaning franchise businesses. A home service franchise may entail franchise it services. A franchisee may be the best customer service and hostess in a restaurant able to anticipate every diners needs, but they may not have a clue how to set up their computerised booking and payment software. Their time could be so much more productively spent if they had their ordering, invoicing and payroll systems all up and running with one simple software program. An it services franchise could be just the answer for someone is highly skilled in these areas.