Why should I franchise my business?

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.

Can I still run my own business?

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.

How do I earn money as a Divisional Franchise Partner?

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.

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

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.

Do you help find new franchise partners?

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.

Do you help train and onboard new franchise partners?

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.

How long does the process take?

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.

Do you help with marketing and sales to find clients?

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.

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

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.

Franchise For Sale Bunbury

Aspiring entrepreneurs looking to get into a small business are now choosing to franchise more than ever. Thanks to the benefits of franchising not to mention the opportunity to start a business with low-cost capital.

There are many types of franchising models available across the myriad of industries in Australia. If you are looking for franchises for sale in Bunbury, it is important that you know the different franchise formats.

- Job franchise
  This type of franchise often requires low investment and low overhead. It heavily relies on the skills, knowledge, and experience of the employees while the franchisees only need to pay a franchise fee. Some job franchises can be run in the home or virtually. As long as you have basic materials, vehicles, and equipment you can franchise in this manner. The following are the most common franchises under this:
  - Cleaning services
  - Event planning
  - Plumbing
  - Pool Cleaning
  - Residential lawn care
  - Travel agency
  - Cell phone

- Product franchise
  Also known as a distribution franchise, a product franchise focuses on selling products. The mother company distributes products for the franchisees to sell using its branded trademark. An example of this would be some famous international brands of shoes and apparel. The franchisees become the authorized distributors of the franchisor and will sell products to customers. Most product franchises rely heavily on their brand name so they make a highly profitable business by representing the brand. In fact, product franchising makes up one of the highest percentages of total retail sales in Australia. Other examples of products that can be franchised are automotive, soda, gasoline, and more. Compared with job franchises, product franchises are often more expensive because of the capital needed for the inventory.

- Business format franchise
  This is the most common type of franchise since it eases the franchisee’s burden. The business franchise is when the franchisee buys a complete business format such as in the case of fast-food chains. The parent company provides a detailed plan, complete procedures, and operation manual of the business. You will be thoroughly trained on how to use the system, operate on a daily basis, procure supplies, and maintain a certain standard of customer service. You will also learn the nitty-gritty of running the franchise with full guidance from the mother company. That way you can generate higher revenue.

Investment franchises
This type of franchise requires investing their own capital. The investment could be in the form of cash or franchisees hiring and overseeing their own management team. Hotels and large restaurant franchises are common examples of this format.

Conversion franchise
This type of franchise involves acquiring other businesses in their sector and converting them into franchise locations. This way, the business can continue to exist while having access to the franchisor’s system. This is often used as a strategy to rapidly scale a business and generate more profits.

Start franchising today!
Are you to talk with an expert advisor about buying a franchise for sale in Bunbury? We hope this article has helped you understand the different franchise formats. Note that there are several franchises available in the city. Discover premium brands or job franchises in Bunbury and become your own boss in a field you enjoy. Take the chance to share a common interest with like-minded entrepreneurs. When you are ready, you can reach out to The Local Guys.

We Have Franchise Opportunities In
Every Australian State!

With franchises across Australia, we have opportunities available to Franchise Partners across the country! If you’re looking for a new and exciting business venture with the support of a national company, you’re in the right place. Learn more about our Franchise Opportunities or get in touch to learn more today

Franchise For Sale Bunbury