Top tips from franchisees: don’t hold back!

Sarah Stowe

You’re thrilled about owning a franchise and maximising your profits as quickly as possible. Here are some important tips from existing franchisees about what you can expect getting started. 

You’ve thoroughly completed your due diligence, signed the franchise agreement and are ready for lift off. You were born to own a business, and have plans and paperwork to prove it. You’re ready to hit the ground running and become a franchisee superstar overnight.

Everyone has a different experience in franchising, but a common theme that resonated among franchisees speaking at the Brisbane Franchising Expo. Franchisee success is all about how much effort and time you’re willing to put in.

“A business is as good as the work you put in,” said Kirstie Zillman, Hydrokleen.

“When we started we had no customers.”

Especially the work needed at the start.

“Put in a lot of work to get started and established,” added Stuart Jaeschke, First Class Accountants. Although the franchisor does support franchises, he said the franchisee’s role is clear.

“It’s basically up to the franchisees to get their own business.”

And great achievements can mean a lot of your time.

“I have to work more than a regular job, that’s for sure,” said Ciprian Cioaric, Real Property Photography. He explained that franchisees need to go the extra mile to keep clients happy.

But at the end of the day if you’re thinking about buying a franchise, don’t hold back. That was another resonating theme at the seminar.

All these franchisees wished they had taken that leap to become a franchisee early and bought their business years ago.