Welcome to the first part of our Growth series

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The cheapest alternative is to upgrade and improve your existing location. There are many ways to do this, from buying new equipment to offering new classes
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If you’re planning to grow your club or organisation, or have developed a programme of classes that you want to roll out in multiple locations, let us first say congratulations! This is a very exciting vietnam rcs data time and we’re sure a lot of hard work has gone into reaching this point.

You’ve likely got some big decisions to make now. A key one is deciding how to grow. In the first of two articles exploring business growth strategies, we’ll look at one of the routes you could take – franchising. In part two, we’ll talk about expanding into different locations and taking on new premises / facilities.

What is franchising? Is it right for your club or organisation, and what do you need to consider if you do decide to do it? We’ll answer all these questions in this article, plus we’ll look at case studies and hear the opinions and advice from the experts. Download our free business performance ebook for actionable advice and helpful tips from our experts.

What is a franchise?
If you’re not familiar with the term, a franchise is a business where the owner (the franchisor) licenses the operations to someone else (the franchisee) for a fee. Things like products, branding and knowledge might also be included in the package.