New Business Ideas

Hello there

As you have mentioned my company in this thread, I'll give you a little bit of advice which is purely for information and will not be biased towards my company or any other.

Many people, like yourself, are looking to invest into a business opportunity/franchise and we receive emails/calls daily.

As Franchising is not permitted to be discussed in our public forums about any one specific company, we have private forums where fully paid up member are able to discuss such topics in private.

I would suggest you speak to both companies and any others you find within our sector. Each company will have a different approach and you should go with the one you feel comfortable with and also you must carry out due dilligence, ie check out company directors, companies house for history and proof of profitablity. Any established franchise will have this information for you to access.

Look at what they are offering.
Loot at net profitability on the business model.
Look at the quality of their packaging for the products they are selling.
Speak to a number of the operators/Franchisees.
Visit all companies and see for yourself their set up.
Ask yourself, do you need a franchise? Can you do this on your own?
What are the pros and cons of independent vs Franchise route.

You have also mentioned looking at the cleaning industry. Use my above examples and apply them to any company that you are looking into.

Hope the above helps.

Kind regards.

Barbara

Hello Roy

I do try and give help and advice to those wanting to enter into vending, I also give a lot of my time to those who have nothing to do with my franchise who just need help and advice about their vending businesses.

Yes we do have Franchisees in NI and they have been established for some time now. Quite of alot of the areas are fully utilised, especially around Belfast, to the East and South.

NI's gross revenues are not as buoyant as our UK Franchisees and do fall below our national averages, saying that though, they seem pretty happy with their businesses.

Kind regards.

Barbara

Im the same, Ive been looking at tubz and snack a can. I cant make my mind up at the moment. Both got plus and minus for them.