Business Coaching Franchise
Considering investing in a Business Coaching Franchise? There's a number of questions that need to be asked.
Here's The Questions The Sales Brochures WON'T
Answer
These Are The Questions
YOU MUST ASK.
Do You Have A Story To Share That Could Help Others?
Business Coaching In The UK
Business Coaching in the UK is unregulated, that means anyone with a laptop and a zoom account can become a business coach. You may therefore decide that a Business Coaching Franchise is a safer option, and indeed it should be.
There are a variety of choices when it comes to selecting the right Business Coaching Franchise, some are reputable and represent a solid investment, others less so, and extreme caution
is needed.
With every franchise, business coaching or otherwise, there will always be the "movers and shakers" and the others that simply can't get the franchise to work.
The crucial element is for you to ask the RIGHT
questions in order that you can determine if there is a dis-proportionate number of franchises that have failed or were unable to progress to the income standards illustrated or advised by the franchisor.
Got A Story To Share?
The questions to ask during due diligence need to be very carefully considered. As do the answers.
Some franchises quote financials in "bankings" and not turnover thus inflating the figure by 20%.
Franchise contracts ALWAYS favour the franchisor, some more than others - get yours professionally checked.
The Questions ARE The Answers
This website exists to provide potential investors with the QUESTIONS to ask when considering buying a Business Coaching Franchise.
These questions will ensure you get the right answers in order to make an informed decision. Always get these answers in writing, and make sure they directly answer the question being asked.
Any reluctance to provide the answers tells its own story. Finally, have a legal professional in franchise law look over both the contract and the questions and answers you have gathered.
What We Don't Provide
We won't comment on any individual franchise or group. The reason for that is simple, credibility. This site was created as a GUIDE
to ensure potential business coaches and business investors how to ASK
the RIGHT QUESTIONS
in order for you to determine the suitability and integrity of the Business Coaching Franchise you're about to invest in.
Some franchisors may resist answering these questions, those with nothing to hide will have no issues with them. Should you find your questions are not being answered, how you proceed is up to you.
Get The Right Answers
BEFORE Signing An Agreement
Getting the right answers starts with asking the RIGHT questions.
For example, asking; "How many franchises have failed in the last five years" is NOT the right question.
You need to be much more specific. The correct question could be:
How many franchisees, over the last five years, have been more than three months behind with their Royalty Payments - whether pre-agreed or not?