Starting a professional service franchise brings many benefits with it, including a large, varied target audience. Both individuals and businesses require professional services, such as event planning assistance for the busy, on-the-go woman or legal and will writing services for those who want to secure their future in the hands of loved ones.
Marketing and telecommunications services are necessary for many businesses that do not have the human resources to engage in an effective marketing campaign for their business or do not have a cost effective telecommunications package that meets business needs. These are examples of the types of services offered by professional service franchises, an industry that has been steadily increasing as the population – and the number of businesses in the UK – increases.
Another benefit of professional service franchises are the relatively low overheads you incur. Since you are providing services as opposed to goods, you are able to run your daily business without having to maintain stock or purchase inventory.
Some of the perks associated with the following categories of professional service franchises are:
- Event & Wedding Planning Franchises: You are able to work out of your home and set your own hours with this franchise option. Event and wedding planning franchises require minimal set-up costs and low overheads, as you are providing services to your client, not actual products. This is a great option if you love interacting with people, as you will work closely with your clientele to plan out the wedding or special occasion to their exact specifications. Depending on the fee you charge, event and wedding planning franchises also allow you to work less and make more, as each “big” event can bring in big money.
- Legal Services & Will Writing Franchises: The legal services and will writing industry caters to individuals who need advice in planning their estate and other asset-related planning. You don’t need experience in legal affairs, although that can be helpful. Full training is provided for all franchisees before they start their own franchise and ongoing support ensures that if you run into any problems, the franchisor will help set you back on the right track. These legal services franchises are often home-based, as you can run the business with just a computer, high-speed Internet connection and phone line.
- Marketing Franchises: Businesses need help marketing their products and services, especially if they do not have the in-house resources to hire a marketing specialist internally. Hiring a marketing franchise is often the best solution, as the company can put the marketing campaign in the hands of capable marketing managers. Whether you start a website marketing franchise or a telecommunications marketing franchise, there are plenty of opportunities to establish a client base that provides high earning potential.
- Telecommunication Businesses: In order for a business to function properly, they must have the proper telecommunications tools to help them succeed. This involves IT solutions, land line and mobile telecommunication services and other business communication products. If you start your own telecommunications business, you can assist businesses with choosing cost-effective packages that will be renewed year after year, generating repeat revenue.
If you’ve read through these benefits and find that you want to invest in a professional service franchise, check out the directory of options at Franchise Direct.