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 Hervey Bay

So, you’re looking for a franchise for sale in Hervey Bay? Franchising is a relatively flexible method of starting a business. There are many types of franchises that can be categorized according to different factors such as the investment level or franchisor’s strategy. If you decide on opening a franchise, knowing the different franchise opportunities will help provide you with more guidance. In this article, let’s deep dive into the different types of franchises in Hervey Bay.

Job-Franchise
Job franchises are low-investment franchises that can be operated from home. In this type of franchise, you only need to let go of a small capital. Some examples of this type of franchise are travel agencies, coffee vans, domestic lawn care services, plumbing, cleaning, and cellphone repairs.

- Distribution Franchise
  A distribution franchise is a type of business entity that exists in the franchising sector and is based on the traditional business model. This type of company specializes in the distribution of goods and services to a targeted niche market. Distribution franchises can be started by many different individuals such as sole proprietors, companies, not-for-profit organizations, and government entities. As a franchisee, you also become the authorized product distributor whose obligation is to maximize profits by selling the franchisor’s products.

- Business Format Franchise
  A business franchise speaks of the whole business. As a franchisee, you will buy the whole business together with the system, supplies, and operation manual. Your role is to open it in a new location and run the business using a detailed plan and procedure for almost every aspect of the business. Business format franchising is one of the most popular types of the franchise system.

- Investment Franchise
  This type of franchise is typically large and will require a large capital investment. As a franchisee-investor, you will only invest money and engage either in your own management team or operator of the business to produce a return and reap capital gains on exit. Investment franchise is often mistaken as retails but the major difference is that it is meant to offer financial services such as asset management, investment advice, or mutual fund. It is also a common format followed by a hotel, banking, and service loan franchisees and other major building franchisees. In other words, an investment franchise is owned by someone other than the investor who makes a profit from the operation of its business when loans are made by others to finance the operation of their businesses.

Conversion franchise
A conversion franchise is a modification of standard franchise relationships. Many businesses grow by converting independent businesses into their own franchise as a way to expand and extend the life of the business. The franchisor in this model has the potential for very rapid growth in terms of units and royalty-free income. On the hand, franchisees who want to take part in the rapid can apply for a franchise license. Some industries that use this format are real-estate brokers, florists, professional services companies, and home services such as plumbing, electricians, or air conditioning.

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 Hervey Bay