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 Illawarra – Franchise Challenges and Solutions

Whether you’re an experienced franchisee or a first-timer, challenges are always part of your life as a business owner. What’s important is to learn from the past and prepare for the future.

As we’re closing out one year, and ringing in another, we all deserve to celebrate our wins – whether big or small. On the other hand, it is also good to know the different challenges for franchisees and how to resolve them.

- Attracting Talent
  Good talents are difficult to find. You may find yourself having a hard time finding the right person for the position you are offering. That is because the number of businesses is also increasing every day. Even if franchising helps you skip the hassle of starting up and positioning yourself, you may feel as if you’re not attracting the right talent. Moreover, the multiplicity of options in terms of franchise business disperses talents into different industries such as fast food, retail, apparel, and more.

- So, what’s the solution? In today’s competitive market, businesses are pushed to offer jobs with more competitive compensation and benefits to attract talent. If you own a franchise, it is important to make sure to make you make an attractive offer. It also matters to choose the right franchise. Look at the trend and see what products and services are in demand. When you make a profitable business, you can freely craft better offers for your talents.

- Retaining Talents
  The number of job quitters this year can be overwhelming. If you own a franchise or still planning to acquire a franchise, you should know that retaining talents could be a challenge. To prepare yourself, keep yourself updated with the company rules. Your franchisor should already have a plan on how to ensure your best talents stay as part of internal marketing. As a franchisee, it is your responsibility to keep abreast of the latest changes, updates, and proposed solutions for every challenge that comes your way. This is what makes franchising a great decision because everything is already handed to you – from marketing materials, support, and guidance. Hence, you never have to deal with the challenges alone.

- Balancing Many Responsibilities
  Just because franchising gives you a headstart in opening your business doesn’t mean you can just sit and watch your business flourish. Success with franchising also comes from working hard and persevering. Some of the most vital responsibilities of being a franchisee include paying your loans on time, royalty fees, and profit share. It also includes following franchise rules, marketing, and keeping up to date with payrolls for your employees. You also need to comply with state requirements and more.

Long Approval Process
Franchisors and franchisees are a team. For a successful partnership, the brand has to be the right fit for the franchisee. That is why franchisors are often selective with their franchisees making the approval process longer than you expected. To solve it, you can expedite the process by making sure you gather all the documents you need and follow the franchisor’s requirements. Review all of your finances and submit pertinent documents on time to ensure that you won’t encounter issues down the line.

Facing Your Franchise Problems
Although opening a franchise comes with its own unique challenge, most of them can be solved with a mindset shift and courage. As a franchisee, you also need to be more creative. Trust yourself and don’t be afraid to reach out for support from corporate officers. Understanding how you can solve daily problems within your own store can let you gain a foothold on the daily challenges that you will face every day as a franchisee.

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 Illawarra – Franchise Challenges and Solutions