I am frequently asked ‘how much money will I make with this franchise?’
Invariably the answer is the same; it depends……It depends on two basic factors.
One factor is that it reflects the time and effort each franchisee decides to invest in building their own business.
The other factor is the capital you choose to invest. That is human and monetary capital.
A few franchisors that I work with do not rigidly mandate the working capital nor the time commitment to their franchisees. Franchisees in these systems enjoy tremendous flexibility. They can start their franchise with a modest capital investment and grow at their own speed over a period of time that works best for them. Franchisees can jump in full time or ease in gradually.
A flexible working capital investment approach allows individuals the opportunity to start their franchise modestly or quickly. The ramp up time is based on their own timetable and resources. You do not have tight targets that you must adhere to other than those that are self imposed, but you still retain the potential for high end earnings.
Let me know if you like the idea of controlling your own time and capital investment while still enjoying the strong training, systems and support of a successful franchisor.
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