As with all franchises, a bank is much more likely to lend to a business consulting niche then an expert wanting to go it alone. There is much more likelihood of getting a bank loan or funding if there is a bigger, well-known name behind the application.
Business consulting options are many and varied and fit in with many experienced management roles and experienced business people in every industry. The UK consultancy market accounts for 30% of the consulting business in Europe.
Either we need help or small to medium sized business owners are smart enough be the experts in their fields and bring in outside business coaches or business consultants to teach them what they don’t know.
Right For Your Needs
A business training or coaching franchise is the perfect win-win situation for a business owner to provide the service he has studied at university for years to be competent and accomplished in and let a coach or consultant teach his team how to play their part to the best of the ability.
Without providing his team with the tools and knowledge they need how can his team perform their duties with the greatest chance of success and profitability?
A coaching business enables the recruit to set his own appointments and build his or her business around their commitments and create the lifestyle that best suits that person.
It is all very well having the skills to coach or consult in your area of expertise but make sure the chosen franchise consulting company is in the right investment level and fits in with the budget set aside for starting this new venture, allowing for living expenses too whilst the business gets up and running and becomes profitable.
Franchise development is another area where a developer may opt for string of consultants to fill the needs of the businesses in the local area.
This type needs a specific knowledge base and probably would be best suited to someone has been networking the area for years and has a large contact list of business associates.
It is particularly helpful for franchise developers to be from that area and have years of experience of dealings and interactions with all the local businesses in the community.
That way development can be taken to the next level by introducing individual consultants to each small business and building trusted bonds and relationships within the community. As the developer the role is to be an expert in management not an expert in consulting.
Using an existing skill set and interests and experience make for the best consulting options. The consulting company is going to be far more successful with a franchisee that has an interest in the field and an enthusiasm for the role.
Look for a business coaching or consulting business opportunities where people are going to love having you there and feel it is money well spent bringing you in to train their staff or whatever the case may be.
A consultancy company differs slightly from a coaching business so be sure that you are searching for the right consultancy options for you.
Small to medium sized business needs training in very particular areas and niche roles to be filled. Business consulting franchise opportunities are a growing industry and if you would like some help with your search then fill in your details on the form above and we will provide expert advice.
Here you will find a comparison of approved franchises and who put the success of their recruits first.