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Selling a fitness franchise is one way for a small fitness business to compete in a market that is dominated by national chains. Like many small businesses, you may not have the time or capital necessary to start another business on your own. By selling an entrepreneur a fitness franchise of your business, however, you can reap the rewards of expansion without the risks of starting a new business.
Just like fast-food franchises, national fitness companies benefit from brand recognition. Smaller companies have a harder time competing because they do not usually have the capital to open numerous satellite clubs. Becoming a successful fitness franchisor even on a local level can improve your brand recognition and drive up sales.
Finding Success With a Fitness Franchise
The first step towards success as a franchisor is auditing the current state of your business. Successfully expanding your business within the fitness industry will require some unique offerings. Just as fast-food chains have their own signature recipes, it’s important that your business stand out from better-funded competition in some way. This could be accomplished through your pricing structure, the equipment you offer or the type of clientele you attract, for example.
At Franchise Research Corp., we provide consulting services, training and leading-edge software technology to give your business a competitive advantage in the franchising industry. We help you create and implement a franchising plan to help achieve your business growth objectives. Contact us at firstname.lastname@example.org or by calling toll-free at (866) 993-0002 to learn what we can do for you.
Through consulting and training, Franchise Research Corp can build a custom tailored program..More
Between 2004 and 2005 over 300 new franchise concepts were launched in the US.
In today’s high growth franchising industry, 1 new franchise opens its doors every 8 minutes of every business day.
The execution of business requires a strategy and top talent.