Access to capital
This is somewhat overcome as commercial banks and development
corporations recognize the lower risk profile of franchising and
consequently prefer financing a franchisee. Financiers know they
have a "safety net" in the franchiser who has tested
and fine-tuned the franchised system.
2. Experience of the franchiser
Our franchise package comes along with years of experience and
proven methods. This eliminates many of the start-up problems
and enables someone with little or no experience in a particular
industry to become part thereof.
The franchiser provides both initial and ongoing training to
a new franchisee. This helps to prepare the franchisee in all
facets of the business. This method of skills transfer takes place
at all levels i.e. Management training, technique training, preview,
promotion, presentation, as well as employees' training at all
levels. This is a particular benefit for people who do not have
the experience, knowledge or the skills of Mental Arithmetic,
which they wish to enter. Upon approval of an application, signing
of the franchise agreement and the successful purchase of your
franchise, the franchisee and/or employees will undergo an intensive
training course. During training, all aspects of the company's
unique and specially developed computer programs, all legal aspects
of the business and the marketing of the business is discussed
The franchiser provides the franchisee with ongoing assistance
throughout their term of business relationship. In addition, the
franchiser is also in a position to provide continuous research
and development, contributing to new products and services.
5. Business synergy
Purchasing a franchise means to become part of a " family
" where all members work together for the good of the whole.
All franchisees contribute and share ideas for the benefit of
the franchise. Maintaining and upholding clearly defined operating
procedures and quality standards. Contribution to growth through
feedback, promotion, research and development.
6. Reasons For Success
- A proven concept
- A mentorship that lasts the life of the franchise agreement
- Lower risk and less chance of failure
- Not being a "master/servant" but a business relationship