(and why the Soapbox Franchise group is different)
Many would-be-entrepreneurs prefer to buy a franchise as opposed to starting a business from scratch, for obvious reasons: A successful franchise offers a proven business model; A franchise group already has brand awareness among its target market, which gives the franchisee a head start in marketing; The franchisor provides thorough training and ongoing support.
While buying into a franchise seems like your best bet, a lot of people would argue that just like a new start-up, being a franchisee has its fair share of challenges. Below are a Franchisees’ 3 worst nightmares and how and why Soapbox offers a different franchise solution.
- High cost of purchasing a franchise
Franchises can cost anything from R500,000 to R10,000,000 and unless you have that amount of money at your disposal, gathering those funds can be extremely difficult, and can put you off the franchising route altogether.
However, a Soapbox Franchise can be purchased for only R250,000. This great purchase price includes a fully functional office, a show-room section with display cabinets, promotional stock and marketing material, plus our full guidance and support. You also get a thorough business plan and business coaching with practical strategic planning sessions every quarter to make sure you are headed for success.
- High overheads
Many people only realise how obscene their overheads are once they buy into a franchise. The high cost of rental space in malls, and large staff components that will result in a huge salary bill. Even a small shop in a busy mall can cost up to R50,000 per month.
Soapbox is different in that it can be run from a home office with good internet or a small rented office, and you’d only need 2 people to run a successful Soapbox Franchise.
- Having to buy all stock from the franchisor at inflated prices.
Many franchise groups require their franchisees to purchase stock from head office at set prices. These prices are often higher than that of similar products bought from other suppliers, making it even harder for the franchisee to make a profit.
A Soapbox franchisee has direct access to all suppliers AND gets a group discount on most products from day 1, making the franchisee competitive in the market.
Buying into the Soapbox Franchise makes running your own business a more pleasant experience, leaving you more likely to succeed. The branded corporate clothing and gifts industry is big business and show no signs of slowing down. All the more reason to side with us.
Click here if you are interested in receiving more information about becoming a Soapbox Group Franchisee.
You can also contact Mias at firstname.lastname@example.org for more information about becoming a Soapbox Group Franchisee.