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 Bundaberg

Franchise For Sale Bundaberg – Franchise vs a Chain

Buying a franchise for sale in Bundaberg is one of the most practical ways to start a business. It helps you skip the hassle of starting everything from scratch and provides you with the opportunity to operate a ready-made business.
On the other hand, if you want to buy a franchise, it is essential to know the difference between a franchise and a chain. There are many ways that a franchise and a chain can be similar, especially in terms of expansion. If you’re planning to buy a service franchise or a business franchise, learn more about the difference here.

- Ownership
  A franchise is owned by a franchisee, whereas a chain store is owned by the parent corporation. Both of them follow similar guidelines and corporate policies but the difference can be felt deeper when it comes to who will pay the taxes. When it comes to the chain system, it is the parent company that bears the taxes through its branch. Meanwhile, the franchisee bears its taxes as it generates its income. The parent company can grant multiple franchises and have different people operate their brand.

- Financing
  In a chain system, the parent company utilizes its capital to expand its business and open different franchises in various locations. If a parent company wants to rapidly increase its branches without spending excessive capital, it can offer franchise privileges. It helps expand their brand and brings more opportunities for aspiring business owners to run a ready-made business. Conversely, aspiring entrepreneurs can take advantage of this chance to operate a business without going through the hassles of building everything from scratch.

- Cost of operation
  The franchise-owned store has lower overhead and fewer costs of operations than its chain counterpart. For example, the franchisee can act as the manager and take care of costly expenses like cleaning, merchandising, laundry, and more. Alternately, most chain stores have larger payrolls considering the number of branches that need management. Franchisees only need to take care of the franchise’s cost.

- Profitability
  Franchise businesses are usually in a profit-sharing scheme wherein franchise owners will share in the total profit, depending on what is agreed on in your franchise agreement. Some other franchises would only require franchisees to pay a flat fee and royalties, but don’t need to share profits. You must check the terms and conditions of your franchise since it is unique for everyone. As for franchise owners, their profits come from royalties that they get from franchisees for operating a business under their brand. On the other hand, franchisees can enjoy their profit from their stores.

Conclusion
Franchising is a heavily regulated industry. Having ample knowledge about franchising will give you the peace of mind and confidence needed to start your own business. Talking with a professional franchise expert can help you have more knowledge about what to expect, including information on industry norms, and additional insight into how franchises are structured. If you want a smooth journey to franchising, you can contact 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 Bundaberg

Franchise For Sale Bundaberg – Franchise vs a Chain

We Have Franchise Opportunities In
Every Australian State!

Franchise Opportunities

Franchise Your Business

Regional Franchises

Unit Franchises

Our Affiliations

Enquire Today

Submit Your Franchise Partner Enquiry!

Contact Us

Quick Links

Franchising Options

Franchise For Sale Bundaberg

Franchise For Sale Bundaberg – Franchise vs a Chain

We Have Franchise Opportunities InEvery Australian State!

Franchise Opportunities

Franchise Your Business

Regional Franchises

Unit Franchises

Our Affiliations

Enquire Today

Submit Your Franchise Partner Enquiry!

Contact Us

Quick Links

Franchising Options

We Have Franchise Opportunities In
Every Australian State!