Franchise Innovation Think Tank (FITT)’s Post

Interested in exploring our franchise opportunity but not sure how this works? We've outlined the pre-decision process in 5️⃣ simple steps👇 1️⃣ Initial Call Once you have made initial contact and received our overview flyer, you will be invited to schedule an initial call. These telephone calls are typically 20 minutes and provide an opportunity for us to find out more about you, share the available territories near you and discuss the investment involved in joining the franchise. 2️⃣ Discovery Event If you’re interested in progressing after the initial call, we’d love for you to join one of our Discovery Events where we provide a high level overview of the support provided to our licensees and the services offered to HR Dept clients. Check out our upcoming dates here: https://lnkd.in/d9EZAe6C 3️⃣ 121 Meeting Following a Discovery Event, we'll invite you to our head quarters in Bristol. In these sessions, we will talk you through a profit and loss exercise as well as the turnover of some of our licensees. 4️⃣ Speak with licensees We understand the importance of hearing from licensees first-hand. As part of the exploration process, we will organise for you to speak with two licensees to gather insights about their experience since being in the network. 5️⃣ Reserve your territory If you decide to join The HR Dept and we agree you'll be a good fit, we request a 10% deposit of the initial fee to reserve your territory for up to six months. Once reserved, induction dates are agreed and we can start the onboarding process. The quickest we can onboard someone is six weeks. Interested in finding out more? Start the exploration process today and message Briony Kloet.

💸 HOW I MADE £200k in my first year of franchising my business without spending money on adverts💸 One question I regularly get asked is - is it possible to sell your original business as a franchise once you have franchised your business... YES! This is something we've tested with our own franchise brand so let me break that £200k figure down 👇 1️⃣ I launched my franchise opportunity in 2013 while still running the original Apollo care team. 2️⃣ I got crystal clear on my ideal franchisee and what campaign would support my launch goals! 3️⃣ I set the intention - I started to share my offer with everyone in my network and contacted people who I thought would make an amazing Apollo franchisee 4️⃣ I did what felt right for me and actually turned people away. I sold 2 franchises to 2 of my current care team who were PERFECT for the job! 5️⃣ I had the original business valued as a franchise offer and shared it with my network 6️⃣ I sold the original Apollo for a 6 figure profit with a reoccurring monthly income from day 1 I concentrated on my connections and built my business organically Have you considered franchising your business? Download my profit calculator to see how much your business could earn as a franchise network... link in the comments 😉

Why is December so important for franchising! Think like a franchisee… New year is soon coming, next year I want to do things differently (no point in doing the same thing to get the same result) plus, I want a business but don’t want to start from scratch or be on my own Sound familiar? It’s a regular conversation for us here at Lime There will be movement right now and interest in your franchise if you have the right marketing in place to let a potential franchisee know that they should also consider your franchise Maximise your opportunity now, and be ready for what has traditionally been a peak time for franchise enquiries! Let’s have a no obligation chat if you’d like some help to franchise your business, recruit more franchisees and martket your franchise opportunity

As a franchisor of over 10 years I've met some amazing people who are growing successful businesses and giving people opportunities to do the same as part of their franchise network 👏 I've also met some not so great franchisors who sell a franchise to anybody with the cash and don't offer the support they promise 🤔 (one actually boasted to me she could sell ice to Eskimos!) 3 big lessons I've learnt over the past 10 years are.. 1. Franchising is not a race! It's a sustainable model and not a stackable model. Having 10 super performing, happy franchisees is better than having 30 unhappy, underperforming franchisees. 2. Investing back into your business and building your support team is the best way to grow and expand. As franchisor, you can't do everything and you do have a responsibility to deliver what you promise. 3. Find a franchise lawyer that you connect with and trust. Get your legal agreement reviewed every few years and if in doubt... always ask the legal team! Franchising is such a great model to grow and expand a brand if its done correctly 🥰❤️ My right hand lady at Apollo Care Franchising Limited 👇👇

Thinking about changing careers and considering franchising? Familiarizing yourself with the industry is the best way to make an informed decision. Check out this article from Entrepreneur listing the "5 Reasons to Consider Franchising When Changing Careers." Click on the article to drill down further, and see just below for those 5 advantages. 🔷Proven model 🔷Training and support 🔷There's a franchise to fit most everyone's needs 🔷No experience necessary 🔷Franchisees still have control of their businesses Would you like to learn more and see if franchising is right for you? Let's chat https://lnkd.in/eR3m7VNz

💸 HOW I MADE £200k in my first year of franchising my business without spending money on adverts💸 One question I regularly get asked is - is it possible to sell your original business as a franchise once you have franchised your business... YES! This is something we've tested with our own franchise brand so let me break that £200k figure down 👇 1️⃣ I launched my franchise opportunity in 2013 while still running the original Apollo care team. 2️⃣ I got crystal clear on my ideal franchisee and what campaign would support my launch goals! 3️⃣ I set the intention - I started to share my offer with everyone in my network and contacted people who I thought would make an amazing Apollo franchisee 4️⃣ I did what felt right for me and actually turned people away. I sold 2 franchises to 2 of my current care team who were PERFECT for the job! 5️⃣ I had the original business valued as a franchise offer and shared it with my network 6️⃣ I sold the original Apollo for a 6 figure profit with a reoccurring monthly income from day 1 I concentrated on my connections and built my business organically Have you considered franchising your business? Pop me over a DM or message in the comments and let's see if you and your business would qualify as a franchise opportunity 😉

I have lost a lot of money in franchising…probably around $1M I have also make way more than I have lost and don’t like losing $, but have learned some valuable lessons Good franchisees trapped in poor systems Bad Franchisees in good systems Good Franchisees in good systems Key takeaways from 20 years in franchising: Don't ignore red flags in franchisor support Check system-wide profitability before buying Set clear exit triggers - don't wait too long Consider opportunity costs - a $150K loss today could mean missing a $150K profit tomorrow Sometimes cutting losses early is the smartest business move you can make. Success isn't about avoiding all failures—it's about learning and pivoting when needed. https://lnkd.in/g6E_CBFh

How to #Franchise Your #FoodBusiness in Easy Steps Franchising your food business can be an exciting way to #grow while helping others succeed. Here’s a simplified guide to navigate this process: Franchising your food business can be an exciting way to grow while helping others succeed. Here’s a simplified guide to navigate this process: 1. Evaluate Your #BusinessModel: Ensure your food concept is successful and replicable. Analyze menu consistency and operational efficiency. 2. Develop a #FranchisePlan: This should include your brand’s vision, goals, and target #marketanalysis, highlighting what makes your franchise attractive. 3. Create an #OperationsManual: This essential document outlines daily #operations, #training, #marketingstrategies, and health regulations, ensuring franchisees adhere to your standards. 4. #Legal #Documentation: Partner with #legalexperts to draft your Franchise Disclosure Document (#FDD) and #FranchiseAgreement, clarifying rights and responsibilities. 5. #Marketing and #Recruitment: Implement a #marketingstrategy to attract potential franchisees through #socialmedia, #expos, and online platforms. 6. Training and Support: Provide comprehensive #training and ongoing #support to #franchisees to promote their #success. How VittArena Can Help At VittArena, we specialize in franchise solutions for #foodbusinesses. Our team assists you in evaluating your model, creating operational manuals, ensuring legal compliance, and developing effective #recruitmentstrategies. By partnering with us, you can streamline the franchising process and boost your success. Contact us today for a consultation! https://wa.me/918208888709 Visit Our Website - https://lnkd.in/dXfvey7Y Franchise Your Business, Franchising Process, franchise Development, franchise With Us, Franchise operation manual, Vittarena Franchise Solution, franchise, Franchise Business Model #FranchiseYourBusiness, #FranchisingProcess, #franchiseDevelopment, #franchiseWithUs, #Franchiseoperationmanual, #VittarenaFranchiseSolution, #franchise, #FranchiseBusinessModel

Franchising my business was the best business decision I ever made. It's enabling me to build a repeatable business model that is sustainable, creates personal assets and helps other people grow a business too.. how cool is that! It also generates alot of money! 💰 I'm currently working with 2 great business mentors Mark Lemmon and Unzar who are showing me what's possible to build over the next 5 years.. it excites me and scares me at the same time! Apollo Care Franchising Limited is ready for the next phase of growth. We have worked so hard to achieve operational excellence and are now moving into the stage of strategic growth, ensuring we bring everyone on the team along with us. I once read a great quote that said 'franchising is a marathon and not a sprint' and I couldn't agree more. We have a responsibility to the people we choose to award a franchise to and that's what makes a great franchisor.. If you are thinking about franchising your business check out my franchise income calculator in the comments below.. I think it's fab and gives a great insight into the business you could build 💕