Ongoing training a real benefit of franchising
By: Deborah Bates
13 January 2011
Those weighing up the pros and cons of investing in a franchise should view the initial and ongoing training they will receive as a key benefit, according to one franchising expert.
Tom Endean, of the British Franchise Association, claims that even those with no experience of owning or managing a business should be more than competent in doing so after their training. Speaking to The Franchise Magazine, Endean claimed: "The training element of franchising is vital. It is the glue that holds everything together so that the person can run the business as proved and outlined in all the documentation."
Those thinking about investing in the plethora of UK franchise opportunities available should give particular thought to the ROI they will receive, such as the wide range of skills and knowledge they will receive from the ongoing training. However what is even more exciting is that a franchise owner is in control of their own training schedule.
"One key aspect to remember with training is that you are a business owner and as such, you should also be responsible enough to recognise where you need further training to maximise your potential," says Endean, who also believes even if franchisers cannot support each and every bit of training required, they will at least be able to recognise the commitment and dedication behind the request.
One person who agrees with Endean is Kimberly Ellis, a leading franchise expert, who says on Get Entrepreneurial: "The greatest merit of a franchise system is that you should be able to walk right into your new business after training and expect to have tools needed to make it success. It's up to you to put in the hard work that will make that success a reality."
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