With the UK franchise market growing exponentially, the competition between franchisors to recruit franchisees is fierce. In order to attract the best partners, franchisors are upping their game to appeal to wider audiences. Cutting the sometimes crippling start-up costs can reassure potential recruits on the promise of a profitable venture.
Now in their tenth successful year, and with some positive feedback from current members, Business Doctors have launched an incentive to appeal to potential enterprises. Under the new scheme, the initial franchise fee has been cut to a more affordable £35,000 with a management service fee included in the overall price for the first 12 months. The lowered start-up costs will appeal to a wider market of potential franchisees across the country looking to run a franchise. Business Doctors enhanced vacant franchises to increase potential franchisees within certain areas.
“Business Doctors had an excellent 2014. We recruited 24 new franchisees, and now have a total of 42 here in the UK and three more in South Africa. This new package will help us bring the highest calibre of Business Doctors to small and medium businesses in the UK and overseas,” said Rod Davies, co-founder of Business Doctors.
The franchise provides companies with advice and strategies on driving growth and boosting sales, which ultimately boost profits. They also offer advice on accessing finance, acquiring other businesses and efficient people management.
The initial costs for franchising can be daunting, so anything that can be done to can lower them should be welcomed with open arms.”