What Is Franchising?
What Is Franchising?
Franchising is a network of independent businesses that permits a number of business people to share a brand identification, a proven marketing system and a successful method of doing business.
In effect it is a strategic alliance between groups of people who have a common goal to dominate a market, using a tried and tested business strategy.
There are many misconceptions surrounding franchising. Probably the most common is that as a franchisee you are buying a franchise, whereas in reality you are investing your assets in a system to utilise an established brand name, operating system and the benefit of ongoing support.
Working together with other franchisees and the franchisor, a Monkey Puzzle Nursery franchisee will share the task of establishing the brand as dominant in the childcare industry. Each individual business owner under the Monkey Puzzle umbrella share the responsibility for quality, consistency, convenience that define each individual franchise and insures repeat business and growth across the network.
What Are The Benefits Of Franchising?
- For the past 20 years consecutively, close to 90% of all UK franchisees reported profitability over the previous 12 months trading. Accordingly failure rates are very low for the same period.
- The business format you are adopting is proven to succeed.
- The franchisee has the ability to build their capital as well as their earnings.
- You own the business and, providing you follow the system, you decide what goes.
- The major high street banks look positively at franchises when it comes to funding.
We are proud of our day nursery franchise model and having grown to over 50 nursery locations nationwide, we know it is a proven business model.
If you believe you have the necessary ambition and drive to succeed with a business that offers a host of opportunities then we would like to hear from you.
Be sure to read the information on our franchise requirements as this opportunity may not be for everyone, but if it you tick those boxes you can get started by completing our registration form.
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Monkey Puzzle Day Nurseries Ltd
Herts, HP4 2UB
Telephone: 01442 878887