Q&A: Does Business Doctors Franchise in the UK?
Alice Tuffery, writer
If you want to join a franchise offering high earning potential as well as rewarding work, you could consider the business support services sector. There will always be companies in need of extra help, which makes the industry highly resilient to economic crises. Here, we’re asking: Does Business Doctors franchise in the UK?
Becoming a franchisee gives you access to tried and tested strategies and years of industry expertise, and this can be particularly useful in the coaching and support sectors. For instance, joining a business support franchise will give you the knowledge and confidence you need to provide expert B2B services.
Does Business Doctors franchise?
Yes, you can offer high-quality business support as part of the brand’s franchise model. Business Doctors was launched in 2004 and franchised in 2008, and has since generated impressive feedback from franchisees.
In 2016, 100 percent of investors described its products as good, very good or excellent, and said they trusted the leadership team. Meanwhile, 95 percent felt valued as a franchisee and had a good work/life balance, and 92 percent rated the initial training as good, very good or excellent.
History of Business Doctors
Business Doctors was founded in 2004 by businessmen Matthew Levington and Rod Davies, with a concept born from the struggles they’d experienced in their own careers. Over the years, they’d developed and implemented plans for operations, marketing, sales, HR and PR with little or no help - and they soon identified a gap in the market.
Committed to offering a more affordable and personal alternative to corporate consultants, Matthew and Rod designed strategic, training, advisory and recruitment tools. The outcome formed the foundations for the Business Doctors franchise model and an exciting investment opportunity for other entrepreneurs.
Today, Business Doctors has supported over 10,000 companies and engaged with 100,000 employees, helping to raise a total of £5 million in tax credits.
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Starting a Business Doctors franchise unit
The Business Doctors franchise concept is perfect for savvy entrepreneurs who have the skills and commitment to follow its proven system. You’ll need excellent communication skills, as well as a passion for helping others if you’re to become a successful franchisee with the brand.
While consulting experience isn’t a requirement, you must be motivated and willing to learn the techniques needed to become an expert business advisor.
Becoming a Business Doctors franchisee:
Once you’ve registered your interest in Business Doctors’ franchise opportunity, the team will organise a face-to-face meeting. During this session, you’ll be able to get more information about the business model and the toolkit you’ll be using to support future clients. You'll also discuss your preferred territory to make sure it’s available and suitable.
At this stage, Business Doctors recommends you spend some time with existing franchisees to find out what running a franchise unit is really like. This is your chance to ask any questions about the training and support, as well as potential profit margins, as existing franchisees will have no reason to bend the truth.
If you're confident the Business Doctors franchise is right for you, the team will help you develop a business plan. Then, it’s up to you to attend the training course and learn everything you need to know to run a lucrative B2B franchise business.
>> Read more:
- Top B2B Franchises in the UK
- The best B2B examples to look at
- Have a Knack for Sales? Consider Running One of These Top B2B Franchises
How much you need to invest:
The minimum investment needed to start a Business Doctors franchise unit is £44,500 plus VAT.
Your franchise fee will give you access to everything you’ll need to start your own branch of the business, including marketing material and your own personalised website page.
Later on, you’ll have to pay a management service fee, set at 10 percent of monthly turnover below £10,000 and five percent of monthly turnover above £10,000. But, to help ease the transition from investor to business owner, the franchisor doesn’t ask for any fees for the first six months of your contract. This payment holiday should give you a chance to build up your business and client base.
What you get for your investment:
Business Doctors has developed a comprehensive investment package to support franchisees in all areas of the business. You’ll start your franchising journey with training at the head office in St Helens, Merseyside. Then, the franchisor will deliver extra coaching at your franchise unit before your launch date.
But the guidance doesn’t end when the initial training programme is complete; the Business Doctors professional support team offer a wide range of ongoing services. You’ll benefit from the business’s Regional Mentoring Launch Phase Support for the first nine months, which helps you market your unit in the local area.
Plus, you can take part in regular seminars and engagement days. Whenever you have a problem or concern, the team will try to help you resolve it and get your business back on track.
The Business Doctors franchise package also includes a number of other benefits, from equipment like stationery and a projector and sound system, to business insurance and social media support. One of the most useful elements of the franchise bundle is the marketing support, designed to help you spread the word about your new business.
Become a franchisee with one of Point Franchise’s investment opportunities
Business Doctors offers a fantastic investment package. The team there understands how to build a successful enterprise, so you can be sure you’ll have all the information and support you’ll need to launch a thriving franchise unit. But if Business Doctors isn’t quite right for you, why not check out some of the other options currently on the market?
The business support services industry is huge, so whether you choose to specialise in coaching, consulting, marketing or recruitment, there’s almost certainly a suitable opportunity for you. Take a look at our selection of high-quality investment openings among B2B businesses to find your next venture.
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Alice Tuffery, writer