I didnt mean for a debate to start im just curious how anyone can state they will find enough work to cater for the franchisee's needs through there own marketing.
Id happily hand over 6k if that was all it took to get a 8k a month round and any dropouts or cancelations were replaced for me and hand over a 20% loyalty each month giving me 5-6k to myself a month so to a franchisee thats a bargain 6k a month for life for a 1 off 6k payout to buy in. but in reality i dont think it would happen like that as its not so easy gaining regular loyal customers anymore and as you have been only going 3 years vin i think you may find that out the hard way. if you had 3 people interested all at once how would you cator for them giving them loyal decent customers that wont be the troubled 1 offs and messers. You cannot guarantee that there work will be to there needs, what if they are crap at cleaning and you forever are replacing 25-30 custermera a week, all the franchise papers would be signed so it would be on you to keep the work above the minimum required, just sounds a lot of hard work to me especialy when you get more and more franchises on board.
I could probably split what i have into 4 half decent franchise's but id be forever working for them canvassing and maintaining there customer base fixing there problems etc etc. i havnt got it in me to franchise but i do admire the guys that do and i hope it all works out for you vin.
Mick, lots of good comments:
"in reality i dont think it would happen like that as its not so easy gaining regular loyal customers anymore and as you have been only going 3 years vin i think you may find that out the hard way": Despite the fact that we haven't done ANY active marketing (i.e. other than the website) since the end of March last year, the phone keeps ringing. And ringing. And ringing. We have turned away a silly number of prospective customers and still put loads onto our waiting list. However, things may well have changed when it comes to trying to generate customers rapidly for a new starter. If it's difficult, I'll just have to work harder and spend more money gaining customers.
"if you had 3 people interested all at once how would you cator for ...": I wouldn't take on three at once. The way it'll work is franchisee number one comes on and when he gets close to full, number two is taken on. I will take up the slack between the first and second, as I really don't want to have to let down potential customers.
"loyal decent customers that wont be the troubled 1 offs and messers": Around 20% of our new customers don't get to the fourth clean. After that we seem to have them till they move or die. I'll live with that.
"what if they are crap at cleaning and you forever are replacing 25-30 custermera a week, all the franchise papers would be signed so it would be on you to keep the work above the minimum required": The franchise agreement covers that. I also have to spend a lot of time selecting people who care about customers.
"I could probably split what i have into 4 half decent franchise's but id be forever working for them canvassing and maintaining there customer base fixing there problems etc etc. ": What you list as things you wouldn't like about it are the things I'd love. I love gaining customers and I love solving problems.
" i hope it all works out for you vin."
Thanks, I really appreciate that.
Vin