According to the annual survey conducted by NatWest and the British Franchise Association, only 20% of new independent businesses starting out today will be operating in five years’ time. However, when it comes to new franchises, they have a success rate of 90%. If you are serious about owning your own business then that has to be a very hard-hitting fact that shines a very attractive light on franchising?
Investing in a franchise means someone has already had the eureka moment, someone has already proven that the idea could become a viable business, someone has created a brand that sells, someone has already created a franchise manual that documents every single aspect of how to replicate that business in another location, someone has put a support team in place that means instead of being all alone when you start your business, you have highly trained people who’s job it is to help you.
Even though you will be your own boss, working from home and running the business your way, you are still part of a wider team. Raring2go! think this is crucial to the success of your business and have developed an in-house system that champions information sharing, support and guidance between franchisees. There is also an active forum for swapping ideas, suggestions, artwork, editorial features as well as business leads.
If you would like to find out more about our British Franchise Association accredited franchise model, then please click here to email our Franchise Recruitment Team and request a copy of our Franchise Prospectus.