The power of support in a franchise business

According to the British Franchise Association (The BFA) commercial failure is low in franchising at less than 1% per annum, compared to suggested figures of 60% of non-franchise SME startups failing within 5 years

The Power of Support in a Franchise Business

Franchising is the opportunity to build a successful business by following a tried and tested model and join a business that has built a strong reputation with established brand recognition. For people looking to be their own boss, franchising can be an attractive option. 

However, one of the most powerful forces behind the success and popularity of a franchise is the level of support provided to franchisees. 

The power of support in a franchise business shouldn’t be underestimated, and within long-established franchises such as Puddle Ducks, new franchise owners benefit from the support of both their peers within the franchise network, as well as its Head Office.

Here are some of the areas to look out for when it comes to support provided within a franchise business. 

A wealth of knowledge

Franchisees coming onboard with a franchise can often be inexperienced in the nuances of running a business, therefore a franchise offers the huge benefit of a wealth of knowledge accumulated by the franchisor as well as existing franchisees over the years. 

Training programmes, both at the start and throughout the business relationship, allow franchisees to feel supported along their journey, helping them to understand the ins and outs of the business, from customer service to recruitment and marketing to finance. Franchisees also have the advantage of a franchisor’s experience and infrastructure, providing ongoing operational support. For example, Puddle Ducks franchisees have access to a dedicated expert team to support them to handle any operational challenges.

Many franchisors such as Puddle Ducks, also provide technology tools to streamline business management. These systems can assist with scheduling, point-of-sale operations, and customer relationship management. Ensuring franchisees have all they need to succeed and to work as efficiently as possible. 

As mentioned, the support of a strong brand is often one of the primary reasons someone chooses to invest in a franchise. It helps franchisees to hit the ground running, without the need to build up a reputation and brand awareness from scratch. 

Franchisees also benefit from the robust marketing support that comes with being part of an established network. From national advertising campaigns, local promotional strategies, and social media presence, franchisees often have access to all of the marketing tools they need for their businesses to thrive as part of their franchisor’s support package. And whilst it’s still an individual franchisees responsibility to execute marketing strategies on a local level within their territories, they are not left to figure it out alone, with the backing of a head office team as well as a peer network available should a franchisee need to tap into it. 

Peer support

Within an established franchise such as Puddle Ducks a real backbone to the brand is its thriving and supportive franchisee network. This network creates a sense of community providing access to peers who are facing the same challenges and opportunities. Puddle Ducks provides its franchisees with an annual conference, regional meetings and regular online networking opportunities, helping franchisees to connect whether virtually or in person. They provide an opportunity to exchange best practices, share experiences, and learn from one another. This peer network can provide invaluable advice, help mitigate common pitfalls and foster a sense of camaraderie.

In many cases, franchisors will establish advisory councils or franchisee committees, where owners can directly communicate their needs or concerns to the franchisor. This dialogue and support strengthens the relationship between franchisor and franchisee, ensuring that both parties are aligned in their goals and committed to the success of the entire brand.

A partnership 

A franchise is a partnership, one that offers the security of an established brand combined with the guidance and resources necessary for success. The power of support in a franchise also carries with it an emotional benefit. Often ambitious individuals looking to run their own business are doing so with a level of risk, however this is reduced when entering a franchise, knowing there is a team of experts and strong community, providing a sense of reassurance and stability.  

This article comes courtesy of Puddle Ducks, the UK’s foremost child-led swim school, teaching babies, pre-schoolers and children from birth up to the age of 10. Puddle Ducks also provides talented, passionate people with real business acumen, the freedom and the challenge of running their own business. With flexible hours, and the pride that comes from helping a child to become a confident swimmer.

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