Why Buy A Franchise?
As we emerge from the latest rain and storms and start looking forward to spring, it’s natural to start thinking of a new career, a change of direction or of finding a more flexible way to work. And if that’s you, I wonder if you’ve ever considered buying a franchise.
What do you want your future to look like?
As you weigh up your options, there are inevitably some important questions to answer:
Do you want to run your own business?
Do you want your new business to be full or part time?
Do you want to run it from home?
How much do you want or need to earn?
Can you earn this within your ideal working hours?
How much support would you like or need?
What sector do you want to work in?
When you buy a franchise…
Finding a business model that reflects your answers to the questions above isn’t always easy, but with a franchise you really can tick all the boxes.
As a franchisee, you own and run your own business which gives you freedom and independence, and you can decide how many hours you work and when, fitting your working life around your family commitments and tailoring your hours to meet your income requirements.
However, you also get all the advantages of a high level of support from the franchise HQ, such as with marketing and processes etc.
When choosing a franchise, you also have a choice of sectors. The private tuition sector is one of the most resilient and robust sectors in the UK. Education is always important and in times when household budgets are being squeezed, parents will continue to prioritise their kids’ education.
(If you’d like to know more about the growth of the education sector you can read more here: https://www.educationalfranchise.co.uk/blog/the-right-time-to-buy-an-educational-franchise)
Who is a franchise suitable for?
Fay, mum of 2
Parents with children at school
A MagiKats franchise is well suited to parents who want to work to fit around school commitments. The work required to run a MagiKats franchise can for the most part, be completed from home at any time to suit you. The only exceptions are our workshops and any time spent networking to build your business.
Workshops will typically run on two after-school sessions per week (or one after-school and one Saturday morning). Networking time is often during the day (parenting groups, small business coffee mornings etc.) or at weekends (school fairs, for example).
Parents whose children have left home
If you have a little more time available because the children have left home, MagiKats can be developed to give you freedom as well as that extra income. By investing more time in your franchise, you can develop your business so that a key staff member can run the workshops for you whilst you’re on holiday.
To make this work usually needs a larger business, so maybe four or five staff members and between 60 and 70 kids enrolled. The time commitment for this is greater, but still flexible apart from the fixed workshop hours, which need not be any more than in the first example.
Ifti, franchisee with over 600 enrolments
Looking for a new and full-time career
The sky is the limit with a MagiKats franchise. We do not limit our franchisees to only one or two locations and there are options as a franchisee establishes a great business and excellent reputation to get more involved in area development.
So, whether you want one or two territories under your direct control, or managers running things day to day whilst you expand, the team at MagiKats HQ is happy to support you achieve your goals.
Our largest centres have over 200 enrolments and yet are still run by one person! One franchisee has over 600 enrolments – can you see yourself running a large business like that?
What qualifications and experience do you need to have?
There are no set qualification or experience requirements for a MagiKats franchise, and you don’t have to have a background in education.
However, our experience shows that our franchises are most suited to people with some or all of the following attributes:
Well educated (ideally a graduate) with a strong command of the English language.
Have a strong support network, both emotionally and financially (family is not a prerequisite).
Comfortable with the idea of “selling” to others (not necessarily products as such, but non-tangible items such as ideas).
Self-driven but also a team player.
Good communicator who is well organised.
Want to work with kids and support the local community.
If you can relate to any of the above, a franchise may be the future you’ve been looking for. So why not get in touch with one of our team today, to find out a little bit more about our franchises and take the next step towards your ideal career.
