While it’s essential to have business acumen, no specific industry experience is required to purchase a franchise. You’re buying into an established business, and the at KANSAS we will provide you with indutry-relevant training that will help you develop the necessary skills to succeed at the job.
Existing customer base and brand awareness.
One reason people choose to purchase a franchise is that it comes along with an existing customer base and brand awareness that is often tough to quickly develop for a new, small business.
With a franchise, the target audience is already established and active, and since they know what to expect, the decision to do business with you takes less time. As a result, it also takes less time to begin generating profits.
Existing brand recognition also makes it easier for you to attract employees and talent.
Lower risk than starting an entirely new business.
Purchasing a franchise comes with a lower risk than starting a new business, as the trial and errors of new ventures have already been worked through. With a franchise, you’re working with proven strategies and implementing a process that works.
Another benefit of franchising is the sheer size of the network. If you’re operating a standalone business and need to order products or supplies to make your products, you’re paying more money per item because your order is relatively small.
However, a network of franchises has the opportunity to purchase goods at a deep discount by buying in bulk. As the parent company we can use the size of the network to negotiate deals that every franchisee benefits from. A lower cost of goods lowers the overall operation costs of the franchise.
We provide support and training to franchisees to ensure you understand the business model and how the stores operate. In addition, with our years of experience we will help you build business acumen under our guidance, something not often available if you start your own business.
In general, franchises see higher profits than independently established businesses. Most franchises have recognisable brands that bring customers in droves. This popularity results in higher profits.
Another benefit to buying into a franchise is that you have ample opportunities for growth and expansion within the same franchise.
If you're interested in becoming our partner, start by applying here.
