4 Irresistible Reasons to Buy a Franchise in 2022
10 Mar 22
Have you been thinking about starting a new business? You’re in good company. In the first six months of 2021, more than 150,000 new businesses were registered in Australia – compared to 110,000 in 2020 and 113,000 in 2019.
Some say the global pandemic has made many of us rethink our priorities and lifestyle. Layoffs and other uncertainties have also led more people to consider working for themselves, with more freedom and financial control.
So if starting a small business is something you’ve been considering, you could say there’s never been a better time! And when it comes to choosing a business, you might find a franchise is the best option.
Here are 4 reasons to buy a franchise in 2022:
1. It’s easy to get up and running
There’s a reason more than 60% of small businesses fold within the first three years – because doing it all yourself is tough! But with a franchise system, all the hardest parts of starting a small business (and then running it) are taken care of.
You have a proven formula that’s worked for others, as well as training, setup equipment and materials, marketing support, administration and accounting software, as well as the backing of a recognised brand.
Simply select the startup package that’s right for you, follow the steps and get to work! It really couldn't be easier to run a business.
2. It’s skyrocketing
Despite the economy taking a hit during 2021, franchising industry revenue is expected to rise by 0.7 percent annually over the next five years to around $160 billion. That’s some significant growth!
As a franchisee, you’ll be part of a surging industry in response to higher demand for service-based franchises like house cleaning and commercial cleaning, lawn and garden maintenance, and pet grooming.
3. You can work when you want
If you look up synonyms for ‘franchise’, you’ll find ‘freedom’ and ‘flexibility’. OK, maybe not, but they do go hand-in-hand. Starting a small business as a franchisee means you can choose when you work, where you work and how to fit it around your other commitments and passions.
Want to take time off when you want? Go for it. Wish you could catch your kids’ sports games every week? Done. After all, you’re the boss!
4. You can make unlimited income
Well, within reason. But when you start a small business as a franchisee, you’re no longer limited by a capped salary every year. You can work more (or less) whenever you want and need – and even hire employees to take on more customers and make more money.
Better still, if you become a V.I.P. franchisee, you can sell back your surplus work at 10 times the weekly value!
Starting a small business? Start here
There are many more great reasons to buy a franchise this year. And while it’s not the right fit for everyone, it could be just what you’re after.
As a V.I.P. franchisee, you can enjoy an award-winning system with over 40 years of knowledge and solid support. So, you can choose the hours you work, and spend more time doing the things you love.
Ask us about starting your franchise today.