This month we are interviewing Mel Fisher from BforB who offer business networking franchise packages.
1.What are the benefits of having a BforB franchise?
There are many benefits in working with BforB.
One of the most attractive to franchise buyers is the fact that BforB is a business that you can build, develop and sell. This criteria of business opportunity is very rare. Many other franchise concepts have no re-saleable value, in franchising when an owner reaches their 5th year in the business the only option is to renew their license or walk away from the brand as opposed to the possibility of a good 50% – 200% Return on Investment at the end of five years.
Added to that is the circle of experts working with you to develop your business, the personal development and the diverse knowledge bank available to your business as and when you need it. BforB as a franchise in itself have the possibility of generating quick return on investment. We have franchisees who recovered their investments from year one of launching their franchise.
The usual NO Stocks, NO Premises and Work from the comfort of your own home enables prospective franchise owners to benefit from quick start up and low operating cost. As an organization, we provide intensive support and up to date marketing and growth strategy. With a range of software systems to run a franchise unit it has never been so simple to run and own a BforB business.
2.How long have BforB been franchising?
We franchised BforB in 2004 and expanded international in 2009. Now available UK wide and other 4 countries ( Ireland, Czech Republic, Slovakia, Australia)
3.How much does your franchise opportunity cost, franchise fee, equipment and working capital?
From as little as £12,500+VAT which includes 4 days residential training, start – up supplies stocks and marketing flatform). A prospective BforB franchise owner must already have a car and be able to drive, own a standard, basic computer, land line telephone or mobile as well as 6 -9 months working or living capital.)
4.How much/what training do you provide and is it on-going?
4 days residential training, 6 monthly regular visits and one to one support ( on site and via phone calls, skype) regular 6 monthly get together, weekly conference call, annual national conference and mandatory trainings as recommended.
6.How much head office support do you provide?
5 days a week, 9- 5 sometimes more depending on the franchisees and the stages of their business.
To find out more about BforB visit: http://www.bforb.co.uk/