This month we hear from Amanda Wigzell, Founder of The Little Squigglers Franchise. Here Amanda talks about what you should consider when buying a franchise.
Welcome to the Women In Franchising feature page on www.FemaleFranchise.co.uk.
This page is dedicated to a monthly series of 'Women in Franchising' special features including interviews and profiles of leading females in the franchising industry. Showcasing Franchisors, Franchisees, specialists in the franchise industry and relevant women in business, these articles seek to present articles on franchising highlighting female involvement.
This month we hear from Amanda Wigzell, Founder of the Little Squigglers Franchise.
With a background in Primary Education Amanda has developed a successful programme of arts and craft classes for toddlers, as well as Messy Play, Birthday parties, After School clubs, Holiday workshops for children under 12 and corporate event workshops
The system is now sold as a franchise model and supports the current franchisees to develop and grow their own Little Squigglers businesses.
Here Amanda talks about what you should consider when buying a franchise.
To find out more about the Little Squigglers Franchise and click here to visit their profile page.
Buying into a franchise is a great way to enter a business and most start with reputation, an existing success story, branding, systems of operations and accurate profit forecasts, and a ready-made marketing strategy -plus lots of support.
However, it is not always the case and it can be too easy to forget what your input will be (other than buying into it). Too often, people go charging in without the real consideration that it will still take a lot of work, commitment, uncertainty at times, constant decision making and that everyone (especially you) needs to absolutely sure that the business is right for you, and that the franchise will retain its value.
So with this all in mind let’s check out some of the things you need to consider:
Having really looked into the franchise itself it is just as important to look into yourself – nobody is going to hand over a business that requires no effort or commitment – so you need to be sure that you are ready and ask yourself the following questions:
If you can answer the majority of the questions honestly and positively than you have an excellent chance of success and sound like the ideal candidate to take on a suitable opportunity!