Question 1

Why should I franchise my business?

Accepted Answer

Franchising a business offers many benefits. By joining The Local Guys, you have the opportunity to grow your business to a national scale. Franchise partners will be buying into your business, as opposed to you employing them. This means a higher standard of work, as franchise partners are wanting to grow and take pride in their business.

Question 2

Can I still run my own business?

Accepted Answer

Yes! We encourage you to still run your own business in the background. However, this will need to be rebranded to The Local Guys group.

Question 3

How do I earn money as a Divisional Franchise Partner?

Accepted Answer

Divisional Franchise Partners can earn money by onboarding, training and supporting Regional and Unit Franchise Partners. For every Franchise Partner you onboard, you will receive a large upfront sum. Additionally, you will also receive ongoing royalties for supporting them. You can also earn an income from your own services and clients.

Question 4

I don’t know anything about franchising, can you help?

Accepted Answer

Of course! Through our experiences, we have been on both ends of the spectrum as franchisees ourselves, as well as franchisors. We understand every aspect of franchising and will pass this knowledge onto you.

Question 5

Do you help find new franchise partners?

Accepted Answer

Similar to finding clients, we utilise Google Adwords and search engine optimisation to build our site traffic. In addition to these, we also advertise on Seek and other franchising sites to target those who are interested in a career change or to start their own business.

Question 6

Do you help train and onboard new franchise partners?

Accepted Answer

One of the main benefits of joining a franchise is to receive ongoing support. Here at The Local Guys, you can contact us anytime during business hours to gain assistance on the onboarding process. We are there with you throughout the process. We also have our online training platform for additional assistance.

Question 7

How long does the process take?

Accepted Answer

As you are franchising your existing business under The Local Guys brand, the onboarding process is dependent on the division. However, it is likely it will take between 6-8 weeks.

Question 8

Do you help with marketing and sales to find clients?

Accepted Answer

Through Google Adwords and targeted search engine optimisation, we build up the traffic to our website, which ultimately brings in more clients. We also utilise the marketing fund to create targeted advertisements for your territory and surrounding suburbs. In addition to the ongoing leads you will receive from the Support Centre, you will also receive the Local Area Marketing Plan during your marketing training, which has been designed to assist you in finding your own clients.

Question 9

I have heard it costs $150,000 or more to start a franchise. How much will it cost?

Accepted Answer

Yes, it can cost a lot of money to franchise your business with your own brand. Typically it will cost between $55,000 – $150,000. However with the local guys it costs only $25,000 ex. gst plus training.

Blog

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Magazine: Franchise New Zealand Summer 2024

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