Franchising is a low-risk, high-reward way of becoming a business owner, and if you love IT and technology as much as you love providing essential services to your customers, an investment with MyNet might suit you perfectly. The diverse telecommunications sector awaits, and if you read on, you’ll find out exactly how to go about entering this sector by investing with MyNet.
Every industry has been impacted and changed in the past few years - not just by COVID-19, but by the changing state of the world. If there’s one industry that’s growing more rapidly than any other, it must be the IT industry. Investing with an IT franchise is a hugely future-proof and profitable option, and an investment with MyNet, in particular, could be the ideal next professional step.
Does MyNet franchise in the UK?
Yes, if you’re interested in launching a MyNet franchise location, you’ll be pleased to know that the company does franchise in the UK. First established in 2013, the MyNet network has been growing ever since this date, and the company started franchising in 2019. Choose this franchise, and you’ll be choosing access to a comprehensive programme of training and support that fully sets you up for success.
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The history of MyNet broadband services and networking solutions
Back in 2013 we got fed up with the lack of quality reliable broadband at a reasonable price in rural Ireland and felt we could do a better job and bring people in rural communities the quality broadband services they needed and deserved for a reasonable price, so we got to work!
MyNet was born in Ireland, and the broadband solutions provider has always been about putting the customer first and putting the focus on them. This has worked extremely well for MyNet and seen the business grow from strength to strength, enabling it to enter the franchise arena in 2019. In the words of the brand, “Although we do provide services to many customers in cities and towns, we focus and specialise in rural broadband services in areas forgotten about by other companies and the government.”
Using the most advanced wireless technology available, MyNet has built efficient, high-capacity networks that serve customers well, “connecting thousands of homes and businesses across Tipperary, Kilkenny, Limerick, Laois, Waterford, Cork, Offaly and Galway every single day”. If you’d like to be a part of MyNet’s expansion into the UK and Europe, you can be. Like existing MyNet franchisees, you can offer your clients quality, affordable broadband packages and IT services, delivering high speeds and unrivalled reliability.
Start a franchise in the IT industry with a MyNet business
If the history of MyNet has only left you readier than ever to become a MyNet franchise owner, keep reading. When you know the answers to the three questions explored below, you’ll know everything you need to in order to make a strong, informed franchise investment with the IT services business...
1. How do you go about becoming a Mynet IT services franchisee?
You can start the conversation with MyNet by reaching out to the brand directly to express your interest. Know that in order to do so, you don’t actually need any technical IT experience. This is one of the biggest benefits of starting a franchise rather than starting from scratch: Training and support provided by your franchisor will cover any knowledge gaps, so your experience level isn’t the be-all and end-all in the world of franchising.
That’s not to say that anyone would suit a MyNet investment, however. To be considered an ideal MyNet franchisee, you’ll need the required amount of capital (see below), knowledge of technology, a good level of computer literacy and analytical thinking skills. You should also be able to work well with others, communicate effectively, pay attention to the finer details and provide an excellent standard of customer service.
2. How much do you need to invest?
In order to become a MyNet franchisee, you’ll need to make a minimum initial investment of £25,000 with a total investment cost of £50,000. You should be able to break even within the first six months of running your franchise. The cost of starting a franchise varies greatly from business to business depending on factors like the type of business you’ll be running and the brand name you’ll be operating under. Here are a few more examples from the IT sector to give you a better sense of the investment landscape:
- CAHEM - To become a CAHEM franchisee, you’ll need to make a minimum initial investment of £60,000, with franchise fees of £26,000.
- Activ Net Marketing - To become an Activ Net Marketing franchisee, you’ll need to make a minimum initial investment of £9,995.
- Etyres - To become an Etyres franchisee, you’ll need to make a minimum initial investment of £24,000.
3. What do you get for your investment?
If you’re more interested than ever in investing with MyNet and launching your own MyNet franchise in the UK, you’ll be pleased to know that once you do, you’ll enjoy many different benefits. For one, you’ll join a recognisable brand and a strong franchise network with existing valuable connections, a knowledgeable support team and a proven business model.
Two, your administration will be completed centrally and you’ll be paid weekly. A third benefit is that you’ll enjoy a fantastic ongoing residual income stream that builds and builds over time. For four, you’ll be provided with a fully sign-written van, an operations manual and all the equipment and marketing materials you need to succeed. What more could you ask for?
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Start running your own business with MyNet franchise opportunities
You should now find yourself equipped with all the information you need to successfully invest with MyNet. If you’re still determined to enter the IT industry but you’re not sure MyNet is up your street, don’t worry! Stay on Point Franchise, and you’ll soon find the wide range of alternatives available to you, from teaching coding classes with Jam Coding to offering expert technology cleaning services with Techclean. The choice is yours, and the industry is wide open.
Lily Sweeney, Point Franchise ©