Thinking about franchising your business?
Franchising can be a great way to grow a business without adding significantly more capital or cash, as you grow with the input, ideas and investment of more people working in the business: franchisees.
You may be familiar with the popularity of franchising in Australia. You may also know many small and big brands who have successfully franchised, and possibly some that have failed. Franchising is not suitable for every business.
There are many benefits to franchising. We provide more information on the benefits of franchising.
Should I franchise my business?
You will no doubt hear both good and bad opinions from people about franchising. Importantly you should also understand what you want to achieve by franchising – such as being able to reach and service a much broader customer base, improving the capital position of the business, creating an exit strategy… understanding your drivers is an important part of knowing if franchising is right for you.
There are some fundamental questions to answer to determine if a business is suitable for franchising, such as:
- Do you have a compelling and profitable business concept?
- What have you established in your business that you can recreate or replicate easily in a franchised version of your business?
- And many more questions!
Franchising is a strategy, a structure and should be considered a long term business model. Entering into franchising you need to understand the relationships between the franchisor and franchisees.
Franchising can be complicated – there are requirements, obligations, valuations, negotiations, financials and future proofing to consider, just to mention a little of what’s involved! We provide our expertise in creating successful franchises over and again, so the one time you do it, it will be simple and effective.
i-Franchise-You is a one stop franchising shop
With considerable franchise and business experience, i-Franchise-You helps businesses become successful franchises.
We offer business services including legal, operations, strategy, marketing and much more! We don’t refer you off to partner specialists to tie up different ends. We offer an all inclusive in-house franchise development package to enable your business to be structured as a franchise. Then we help you to promote and sell your franchises.
Franchising with i-Franchise-You saves you time and money
Business owners/managers are time poor = fact. Our franchise agency will transform your business into an Australian franchise, handling all of the necessary and important steps, leaving you free to continue to focus on running your business.
You will enjoy a strong service approach with a dedicated manager so you can be confident and supported through your journey into franchising.
What does it cost to franchise a business?
The costs of franchising are not negligible, but the costs are easily recovered from the sale of the first few franchises in your new business model!
i-Franchise-You is an affordable low cost, high value agency. We work not just on creating the franchise structure but also selling franchises for you. We build our costs to you based on making your franchised business a success, so you can be confident with the return on your investment.
