Opportunity
What is Franchising?
What does “franchising” mean to you?
If you’re considering an Affinity Associates franchise, there’s a good chance you already have considerable experience in the business world in one form or another. You will likely have heard about franchising before in some respect but, for those who have never worked in, or partnered with, one before, it may be a concept you only partially understand.
After all, when we hear the word “franchise” in mainstream culture, it’s usually to do with film franchises, or occasionally associated with entities like train companies, who operate under a “franchise” from the government.
However, business ownership format franchising is something else entirely. Something which will be of huge interest to someone like you who is looking to start a new business.
What could franchising mean for you?
Business ownership format franchising involves partnering with an established brand to start your own business. By paying an upfront fee, you gain the right to replicate their business model at a location of your choice.
For example, if you decide to join an accountancy franchise, you would be able to open your own office using their branding and established systems. While you would very much still be the owner of this business, you’ll also be part of a larger network, benefiting from the brand’s reputation and resources.
Essentially, it’s an “out-of-the-box” business solution. Franchising offers a proven blueprint for success, complete with training, support, and a business model that has already worked in multiple locations.
What could franchising mean for you?
Greatly reduced risk
Going into business for yourself always come with risks, and around two thirds of new business fail within their first three years, compared to just 10% of new franchises.
A proven business model
By tapping into established systems which have already proven their robustness and viability over decades of successful trading, your new business can get off to an incredible head start.
The best of both worlds
You’ll very much be your own boss, but you will also be part of a larger network of like-minded business owners and be able to benefit from all the support and training that comes with it.
Learning from the best
Whether you’re new to the industry or not, you’ll have access to a highly experienced team, offering in-depth knowledge and advice on exactly how to succeed.