Franchising 5: reviews of those who bought a franchise. Franchise business

A franchise business is popular. An entrepreneur does not need to develop a brand from scratch and build a reputation. In fact, he takes advantage of the already created benefits. Not for free, of course. That is why not only buying, but also selling franchises is popular on the market. It is worth noting that not every business owner can profitably present their proposal. For this purpose, you can contact the company "Franchising 5", reviews of which will be presented below.

How does it work

Suppose you have a business that is in demand among consumers and brings a stable profit. You would like to increase income, but it is too expensive to open branches of the enterprise in other regions. The way out is franchising.

It is enough to bring your own franchise to the market by doing it yourself or with the help of professional specialists. Those wishing to develop a business under your brand will pay a lump-sum fee, as well as monthly royalties. And this is an additional stream of income! Agree, a very tempting prospect.

It remains only to form your own proposal and find potential buyers. AND It is at this stage that the greatest difficulties arise. For most businessmen, packing a franchise, revealing all the advantages and benefits of potential cooperation, becomes a difficult task. Its solution requires a certain experience, but most importantly - time. And this is a luxury for the current businessman. Franchising 5 offers turnkey franchise packaging services. This allows owners to scale their own business and thus increase revenue.

About company

The Franchising 5 company was founded in 2011 and sets itself the global task of creating a universal system that allows absolutely everyone to become the owner of their own business. After a while, Franchising 5, which reviews will be reviewed, began selling its own franchise.

Currently, the total number of products sold is more than two thousand. The head office of Franchising5 is located (RF, Kazan). However, 80 representative offices have already been opened in other regions of Russia.

Founder

The company for several years has become a fairly large-scale business. The founder of Franchising 5 is Artem Zakharov. He also holds the position of CEO, positioning himself as an expert in franchising and some related business areas.

In an official address on the site, Artem Zakharov states: "A potential client does not need special knowledge, all the specialists of his company will do it."

What do they offer

The company specializes in the development of turnkey franchises. This activity includes the following operations:

• Packaging. A business plan is being developed, presentations for potential buyers are being prepared, packages of documents and some other aspects are being developed.
• Promotion As the company’s website assures, employees have advanced methods of promoting products, which makes franchises in demand. Sales carried out by a team of specialists with special knowledge.
• Escort. Scaling a business through franchising does not end after product packaging. We need to develop a network of partners. The company promises support at this stage.
• Control. To maintain quality, the company checks how the requirements of owners of franchisees are met.
• Increase efficiency. In the process of describing the products of business activities, as a rule, it is possible to eliminate their shortcomings. This increases the overall business efficiency.

Packaging features

You need to understand that the development of your own business and the transfer of experience to others are completely different types of activities. Therefore, it is important to highlight the features of your own proposal, indicating information relevant to potential buyers:

• What is the difference between your business and competitors, in which regions it is in demand, which has development prospects, etc.
• The size of costs and potential profits.
• Possible difficulties. You should not mislead potential customers, saying that there are no problems in the business. Any business involves some complexity.

You need to understand that in this case, all information should be concise, so that the client does not spend a lot of time studying it. The proposal should be attractive, but true.

Franchise packaging is a special art that is not accessible to everyone. That is why entrepreneurs prefer to turn to professionals such as Franchising 5. Reviews confirm this. The company provides this service for many years, accumulating impressive statistics. According to official information, for the period of the company’s activity several hundred offers were packaged. The whole truth about Franchising 5 later in the review.

How does franchise packaging work

It all starts with the client’s application, which they suggest leaving on the website or reporting by phone. Further, analysts are included in the work and make a decision, it is worth developing a franchise for your business or returning to this issue a little later.

If the experts have made a positive decision, a set of tools to accomplish the task is determined. This is followed directly by the packaging of the franchise and turning it into a ready-made offer to buyers interested in this product.

After completion of all these works, specialists start selling. Further support is aimed at not only creating a whole network of branches, but also helping to manage it.

Reviews

Having bought a franchise in Franchising 5, according to information from the official website, there are several hundred. Some of them share their own opinions on the results of cooperation. There are entrepreneurs whom the company helped to develop their business. To a greater extent, about Franchising 5, the reviews are positive and talk about the growth in revenue from franchise sales.

Employee Reviews

Opinions about the company of those who work there or once worked indicate the pros and cons. The advantages of working in this company are the convenient location of the office (almost in the center of Kazan), the ability to communicate with talented and highly educated businessmen, high wages. Cons: high responsibility and requirements made by the employer - these criteria are mentioned by those who call Franchising 5 a divorce, not wanting to make an effort.

Franchise Business: Benefits

This strategy allows you to start your own business, even inexperienced entrepreneurs. After all, a reliable franchisee not only collects a lump-sum contribution and royalties, but also accompanies all business activities on all issues. Other benefits:

• Reliability. This means that you do not need to start a business from scratch. In fact, you get a fully prepared and tested in practice procedure. You do not need to make an assortment, choose suppliers, develop a business plan, etc.
• Free advertising. The franchise owner is interested in promoting his own brand. To this end, he uses various methods. This allows a novice entrepreneur after acquiring a franchise not to spend money alone on advertising, but to act together with the franchisee.
• Success. If you believe the statistics, then a franchised business will bring profit in the future in half the cases. Those who could not receive income either deviated from the plan provided by the owner or incorrectly analyzed the market.

Difficulties

As already understood, a franchise business does not guarantee success. Despite the presence of a business plan, a well-developed brand and other advantages, not all franchise buyers manage to stay on the market with their acquisition.

One of the biggest challenges is the high entry threshold. You need to pay a lump-sum fee and have the funds to start a business. In some cases, we are talking about millions of rubles. Far from every beginner franchisor, this amount will be available. It is also important to note that the simplicity of doing business can turn out to be not only an advantage. The reviews who bought the franchise from Franchising 5 confirm this. Yes, they provide you with ready-made development plans, give advice, advise and so on. However, you will have to act according to the rules that the franchisor has established, not being able to change them.

To bring any innovations, it is necessary to receive approval from the owner of the brand. Initially, you need to prepare for the fact that you will have to fulfill a lot of requirements regarding the selection of personnel, the choice of a building, the preparation of a menu (if we are talking about catering) and so on. It is impossible to say unequivocally that restrictions on the part of the brand owner are bad, because each action is supported by practice and experience. However, the entrepreneur himself does not gain experience while trying different options, he receives ready-made instructions for use.

Which area to choose

The market offers a considerable number of options. Therefore, you can find offers with a starting capital of several hundred thousand rubles, or you can swipe at world brands with millionth turnover. In short, production is considered the most difficult area, retail is the simplest one, which is why it is highly popular among beginning entrepreneurs. Franchising 5 company finds options for representatives of different business fields:

• Retail.
• Catering.
• Production.

Retail

As mentioned earlier, this is the most attractive industry for potential franchisors. Represents the purchase of wholesale lots of goods with their subsequent sale in retail. It is believed that opening stores under well-known brands can turn into a profitable business.

Catering

This is a relatively simple and fairly popular option. Potential entrepreneurs can open separate establishments or rent a site on a food court. Starting a similar franchise business, it is possible to significantly simplify the interaction with suppliers and staff training.

Production

This activity is considered profitable, but more complex when compared with previous options. Creation of production takes place under the strict guidance of the franchise company. It also provides proven technology for the production of a product, as well as markets.

Conclusion

The issue of the appropriateness of selling or acquiring a franchise lies entirely on the shoulders of the decision maker. For example, by acquiring a ready-made business, a novice entrepreneur can gain experience under the guidance of practical mentors. If we are talking about cooperation with large brands, you need to be prepared for high costs. The offer from Franchising 5 is relevant both for beginners just thinking about their business, and for experienced entrepreneurs who are thinking about business development and attracting partners.