No. 12 of the UK's Top 100
Vodafone is an internet service provider (broadband) and mobile network for businesses and individuals. The brand has stores all over the UK and Europe and is also available in Africa.
Vodafone is looking for entrepreneurs who are ready to own a few stores in the UK on the brand’s Partner Agent Programme. They’ll start with one or two stores then once the store(s) are up and running, the Partners will open more stores. There are no upfront fees but you need to have access to funds that cover the first 3 months.
Every month, the franchisee receives a commissions payment from Vodafone for last month’s sales. Everything from marketing to building maintenance, from IT support to staff training is handled by Vodafone, so the franchisees can focus on running their business.
There is no franchise fee or minimum investment for opening a Vodafone store in the UK, however the total investment ranges between £60,000 and £100,000.
Each new franchisee attends 2-day workshop with Franchise Finance where they’ll learn how to do a business plan, work with financial projections, and get trained on business finance, accounts and more. After signing the Franchise Agreement, the franchisee will spend one month at a store to learn hands-on how to run the business. Each new store is fully stocked and staffed, which means as soon as they open, they’ll be ready to receive customers and make sales. A local Regional Manager is appointed and will help with the business’ performance and KPIs. Ongoing support also includes recruitment and marketing.