You’ve been in business for many years as collision centre owner. You have worked very hard and provided exceptional service and quality repairs for your all of your customers and community. People know you as the collision centre of choice and you are always recommended by friends and family. However, over the years things have started to change. You thought in your later years that business would get easier, but it seems to be getting harder.
If this sounds like you, franchising your collision centre may be the right solution. Here are the top 7 reasons to franchise your collision centre:
1. Increase your chances of success
As an independent collision centre, its become increasingly harder to operate and maintain your existing business. The industry has certainly changed over the years and there any many new requirements being placed on collision centres in order to stay current with the standards. By joining a franchise, you instantly have access to a platform that gives you and your business the support and tools you need in order to thrive and compete.
2. Have a team of people helping to support your business
When you buy a franchise, you have the support of the franchisor and the support of knowing you are part of a growing system. You will always be able to pick up the phone and ask questions of the franchisor or even other franchisees. Established franchisors typically also have field staff who can visit your location to provide coaching and consulting if needed.
3. Gain access to strategic partnerships
Join a franchise system, and you immediately become part of a much larger network than you could have on your own. It comes into play in everything from negotiating the purchase of advertising to negotiating better purchase discounts. These savings will help you enhance your profits which you would not have previously been able to achieve as an independent.
4. Leave a legacy for the next generation
Many entrepreneurs start businesses hoping their children will carry on the torch. Within the structure of a franchise, where the routines are systematic and can be learned quickly, passing on operational control can be seamless. This isn’t always the case with an independent collision centre. Most of the time, an independent collision centre has to be sold because nobody else knows what to do with it, or they get in and mess it up. With a franchise, a lot of support could come into play from the franchisor, because it’s in the franchisor’s own best interest to ensure your business is successful.
5. Ongoing Training Programs
Most franchise companies offer a training program that is typically held at their corporate offices, plus additional training that occurs at the actual franchise location. The franchisor will train you to run your collision centre the same way their other franchised locations are run. It will ensure that you are running your business efficiently and save you from doing many different jobs at the collision centre on your own.
6. Marketing Support
The franchisor typically takes care of handling the marketing; these costs are covered by a marketing fund. This will give you the ability to have someone marketing the business on your behalf so you can focus on the day to day operations.
7. Own Multiple Locations
Being a part of a franchise system can offer you more opportunities to grow within the system. Once you have become a successful single-unit franchise owner, you may have the opportunity to become a multi-unit franchise owner and own multiple collision centres.
To learn more about how to franchise your collision centre, click here