What is franchising?
There are many benefits to buying a franchise over starting a business from scratch:
- Successful business model
- High success rate
- Business set up
- Working with a well-known brand
- Training on business, legal and marketing issues
- No need to hunt for customers – all found through website and social media.
- Support from a team of experts
- Receiving support from other franchisees
Franchising is far more successful then independent businesses. 90% of independent start-ups do not succeed past 5 years; in contrast 90% of franchisees are still in business after 5 years.
A franchise enables a small business to compete with big businesses, more so than an independent small business, due to the pool of support from the franchisor and network of other franchisees (NI Business Info).
The ongoing support is one of the key reasons for the success of franchising. The franchisor has already gone through the pain of finding out what works and what doesn’t – they have invested in the systems and are now willing to teach you how to replicate it (British Franchising Association).
We Love Pets only awards franchises to suitable people, which has enabled the company to build a support network of hard working, ethical, friendly and helpful people.
The support providing to each other is invaluable. Our franchisees share ideas and best practice, and provide each other with the emotional support you can only find as part of a good franchise network.
If you think a We Love Pets Franchise might be for you then please contact us.