What franchise services should a franchisor offer?
A home services franchise could be misconstrued as a home help type. There are subtle differences in the wording when using a search engine. Someone searching for a service one is probably looking for ways to offer their expertise to other recruits.
The best service options are probably B2B business to business services for an ongoing contract, although it is often the smaller ones that needs more help.
So whether you are interested in offering management services or marketing services or 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 companies and find one that suits all your requirements.
The banks are more than happy to lend to franchise businesses and some even have their own department for service and information services.
The Nat West says they are the first UK bank to recognise the potential of the model, 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 businesses are a safer option than a tradition independent business start-up.
Franchise Industry continues to boom
The industry is growing and growing and more and more people see it as a way to invest in themselves and their own business.
There are home service business opportunities and services to assist the recruits 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 option could entail providing businesses with details of local solicitors or tax accountants or consultants who can help from start to finish of setting up a new business including resales.
A 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 recruit 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 opportunities?
There are service opportunities specialising dedicated areas for example the food and restaurant industry or retail or cleaning businesses.
A home service may entail 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 option could be just the answer for someone is highly skilled in these areas.