B2B Enterprise: Create a Franchise

16/10/2018 18:00 | Start a business

b2b enterprise

B2B or business-to-business, enterprise franchises sell products or services to other business owners and companies to help them run smoothly and efficiently. As such B2B franchises tend to become a trusted expert for their clients, particularly for small to medium-sized businesses.

The good news is that if youre considering investing in a B2B enterprise franchise, they are increasingly in demand. SMEs want to focus on developing and growing and are prepared to outsource certain services to do so. It may also be more cost effective to outsource a service rather than hiring skilled employees to do the job.

If youre an aspiring entrepreneur with experience in business with skills that can translate into owning a B2B enterprise franchise, this could be a lucrative opportunity. You dont need to have run your own business before as youll receive all the training and support you need when you become a franchisee.

There are many different types of B2B enterprise franchises, so there's bound to be one that suits your interests, skills and budget. Here are just some of the opportunities available for investment.

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B2B enterprise services franchises

ActionCOACH is a B2B franchise that offers an ongoing coaching service to SMEs up and down the country. There are more than 150 franchises around the UK helping small business owners to increase their profits, build strong teams, and create robust business systems.

There are several different options for joining this exciting business coaching franchise. The franchise fee is dependent on the level of entry chosen and ranges from £27,000 to £59,000. There are also three bolt-on business opportunities which can be purchased to provide your franchise with additional income streams. Youll also require access to working capital to fund the initial cash flow requirements of your business and cover any setup costs.

You don't need to have any experience as a coach, but an established background in business is essential. The skills that you will have gained from owning or managing a company can help you as an ActionCOACH franchisee. Youll have a good grasp of the fundamental principles of business, a robust entrepreneurial spirit, the positive attitude and be self-motivated. Add to this passion and a drive to help others, and you are the ideal candidate for starting a franchise with ActionCOACH.

B2B enterprise marketing franchises

Activ Net Marketing is a digital marketing franchise with over a decade of experience in the industry providing SMEs with website development. This market is still surprisingly large, with 37% of all SMEs yet to develop a web presence.

This is one of the most affordable B2B franchises and gives you the chance to work from the comfort of your own home. As a franchisee, youll become part of a reputable online franchise which has built thousands of websites for a wide range of businesses.

As well as small businesses, organisations such as charities, sports clubs and local government are queuing up to get help to develop or improve their online presence. This means that wherever you choose to set up your business, youll easily generate demand for prospective clients wanting to benefit from your services.

You dont need to be a digital whizz to start an Activ Net Marketing either. The software you'll use can be operated with limited computer skills, and youll receive all the technical training you need to become a success. The sales model is straightforward too. Your clients pay a setup cost for each website you design, so the more clients you have, the more money you make.

To become a franchisee, its necessary to raise a minimum investment of £9,995. The franchise operates a tiered pricing structure in which franchisees can invest more or less depending on the range of services they want to access. Activ Net marketing does not require franchisees to have any technical IT skills, as everything is taught on the introductory training course.

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B2B enterprise sales franchises

FASTSIGNS design, produce and install signs and banners for business to advertise. There are now 21 franchises in the UK with more being added at a rapid rate.

To become a FASTSIGNS franchisee, a minimum investment of £28,000 is required. However, further investment and substantial working capital will also be necessary to ensure the success of the business. In return for your investment, youll be granted the rights to operate under the FASTSIGNS name and utilise its brand image and trademarks. No previous experience in a printing business is necessary, as youll receive sufficient training to see you through the initial set up period.

FASTSIGNS are looking for individuals with excellent communication skills, the ability to manage a team, and a firm understanding of business fundamentals. If this sounds like you, then this could be the right franchise for your investment.

How to find the right B2B enterprise franchise for you

There are so many B2B enterprise franchise opportunities to choose from it can be difficult to know where to start. A great way to narrow down your options is to give some thought to what you would enjoy doing and then identify franchises that would allow you to do this day in day out.

Of course, it's vital that your chosen franchise has a good reputation too. To find out if this is the case, check out the British Franchise Association (bfa) website. Here youll find a directory of all bfa-accredited franchises. Membership of the bfa indicates that the franchisor has had to meet strict criteria. This includes having a proven franchise concept, a prosperous trading history and operates an ethical business.

Its also crucial that to do your due diligence before investing in a franchise. Not only should you meet with the franchisor, but you should also speak to existing franchisees from within the network. This will give you an idea of what it's like to be part of the franchise and alert you to any issues that there may be.

Investing in a B2B enterprise franchise can give you the opportunity to be your own boss while helping other small businesses to improve and grow.

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