Fitness franchise Bodystreet guarantees franchisees will break even less than six months after opening.
Many of us have dreamed about starting our own business at some point or another. But, more often than not, the fear of failing is enough to put us off. It’s thought that between 40 and 60 percent of small businesses fail in their first three years. With figures like this circulating, it’s easy to see why it’s such a big concern.
Insurance provider Hiscox suggests that this relatively high failure rate occurs due to businesses having no concrete business plan, a poor marketing strategy, little performance data and weak strategic management. Bodystreet is therefore dedicated to supporting fitness franchisees in these key areas so they have the best possible chance of success.
This includes:
- Help building the business plan – profit and loss calculators, cash flow models, business plan template
- Help finding perfect location – producing demographic profiles to check the potential of territories
Bodystreet has launched more than 300 studios since its birth 12 years ago. So, it’s safe to say that it’s perfected its business launch strategy, ongoing marketing strategies and progress checks. As with any franchisor, it’s in Bodystreet’s best interests that its franchisees succeed. Therefore, it’s dedicated to helping its franchise network define their business strategies, make ideas come to life and provide invaluable support.
Being completely confident in its ability to do this, Bodystreet has introduced a success guarantee. This guarantees that if franchisees follow its launch plan, they will break even in less than six months. This makes Bodystreet a fantastic choice for entrepreneurs who are worried about start-up risks and need some reassurance.
Becky Martin, Point Franchise ©
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