08 February 2021
Timeframes to buy
Buying a franchise isn’t like buying a loaf of bread. It’s not just a decision for there and then, it is one for not only now, but also the future.
It will therefore be no surprise to you that we have had business owners join our franchise in a timescale as short as one month and as long as almost three years. Both of these are okay!
You need total ‘commitment to the cause’ to join a franchise. It’s a lifestyle choice and at times it can be difficult and you may indeed feel like giving up. The truth is, if you follow the model, put the work in to it and take the rough with the smooth, you can build a substantial investment for the future.
For 2020 we surveyed the timescale taken for each new franchise partner to come on board.
The longest period of time was 2 years and 4 months*
The shortest period of time was just 1 month*
The average period of time was 8 months*
*it’s important to note that both timescales do not include the due diligence taken and the onboarding process.
The fact is that there is no right or wrong amount of time to take in making this kind of decision. We’re here with you every step of the way and are guided by your timescales rather than our own.
We do however recommend that you begin the conversation as early as possible to make the most out of the journey.
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