 Your Local National Electrical Contractor – Electrical Service – Electrician |
BENEFITS OF A FRANCHISE |
Buy a New Area Franchise from as little as €15,000 Please call our UK & Ireland National Franchise Developer June Falvey for more information on 1800 311 606 or fill in our request information form |
Benefits of franchising Consumers prefer national franchises Even for established contractors, franchises make sense!  In a study of over nine thousand consumers, contractors affiliated with a national franchise were preferred by a 2:1 margin. Consumers want a name they can trust, a name with a national franchise standing behind it. In essence, franchising is systematic business support. Franchising enables the entrepreneur to learn from the experiences of others by following a system developed from the most successful companies in a given field. The Franchisee saves time, money and energy by following a proven pattern and receives support from both the franchiser and other franchisees. |
Inherently, franchises have a competitive advantage over other small businesses. This results from the synergy of hundreds of companies working together. Not only does the franchisor provide a proven business format, ongoing assistance and research into new services and operation methods, but the franchises become laboratories of innovation. When one franchise develops a superior operating method or new marketing idea, all franchises benefit! When one franchise provides a customer with a memorable service experience or conducts a local marketing campaign, there is a spillover effect benefiting neighbouring franchises and franchises across the country as people travel and relocate. The synergy is possible only because each franchise is exclusive. One franchise’s success does not detract from another, so there is every incentive to cooperate. “Together, we can all do more than each of us can do independently”. This is the power of synergy. |
Value added benefits of owning a franchise • Nationally, preferred 2 to 1 by customers • Additional buying power and discounts • R & D assistance • Increased marketing experience • Access to national accounts • Additional sales training skills • “Added-Value” customer service systems • Improved management coaching and guidance • Front-line training for technicians • On-going training and support for you • Relationship building with customers • Relationship building with other franchisees • Cross marketing with other franchisees • Increased equity growth • Resale assistance • Success principles to personal growth - goal setting - lifestyles • In business for yourself but not by yourself! • Advantage over competitors
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Franchised businesses are successful businesses In Ireland, as with the rest of the world, the growth of franchising is running parallel to the growth of the service economy. As the service economy becomes an increasingly important creator of wealth, franchising in this sector, is set for continued growth. According to the US Department of Commerce, 77% of independent enterprises fail within five years and 82% fail within ten years! Yet even after ten years, 90% of franchised businesses are still operating! It is your money. If you were looking as an independent investor, where would you put it? after 5 years - 92% of franchises are still operating - 23% of independents are still operating • after 10 years - 90% of franchises are still operating - 18% of independents are still operating Recent studies have shown that as much as 40% of the Irish population have conveyed a desire to start up their own business. If you are in this category please contact us for more information on the expanding global Mr Electric System. Click here for more information on owning a Mr Electric Franchise Click here to view Mr Electric Franchise Case Studies
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