What is Franchising - Send Me a Pro Ventures

What is Franchising

Are you a small business owner in the home services industry and thought about how to scale your business through franchising?

You may be thinking, “oh i’m not ready for that or never will be” or maybe it never crossed your mind.

Well, any business concept can be franchisable. We can teach you how to do it with the resources that are available to you.

Franchising is a business model to scale your business leveraging other people's resources including capital and time. As the Franchisor, your role is to provide training and support to your Franchisees who operate the underlying business in their local markets. You are essentially selling a business model in a box that can be run in any market.

Benefits of Franchising:

Reduce your risk by leveraging other people's capital to scale your business

Speed to distribution vs long timelines to raise capital and slow growth with company owned units

No need to hire staff - your franchise owners are self motivated and have invested interests

Expand into multiple markets simultaneously

Any business concept can be franchisable. However, less than 16% of franchise concepts will reach the 100 unit threshold within 10 years, a metric critical to viability.

Accordingly, having the right partnerships as you go through this process is critical to your success. Having reached over 100 units in under three years with our own business, we have clear insights on how to accelerate your growth and get you to scale.