Personal Training franchise and small business support from one of Australia’s largest Personal Training companies. How to get a successful PT business after your certificate III and IV qualifications. Hear from our CEO Scott Hunt who started the company at 19 years of age on $400 back in 1999.
Get the full video and more Personal Training business and marketing tips at http://www.fitnessenhancement.com/fitness-franchises/personal-training-franchise/pt-license-pt-affiliate
Find out more about our Personal Training franchises in Australia at http://www.fitnessenhancement.com/franchise
What is a Franchise and what is so Special About it
What exactly is a franchise and why is it such a good way of doing business? This is a common question we get a lot. A lot of people do not quite know what franchises are even though we are the most franchised country in the world. You will see things in the media that franchises are the most successful way of doing business. Statistically it is proven that small businesses are more successful if they are part of a franchise. So whether it is your big massive franchises or your smaller ones, the big thing that franchises have in common is they all fall under the Franchise Code and they have very strict franchise agreements and disclosure documents to show everything out there that is good or bad about the franchise. This is there for your protection and not ours.
– So, “What exactly is a franchise?” and “Why is it such a good way of doing business?” is a pretty common type of question that we actually get at lot of the time. A lot of people don’t quite really know what franchises are, even though we’re the most franchised country in the world, and we’re always seeing things in the media like franchises are a more successful way of doing business. Statistically it’s proven that small businesses are more successful if they’re part of a franchise. So whether it be your big-name, massive franchises or your smaller ones, the big things franchise have in common is they all fall under the franchise code and they all have very strict franchise agreements and disclosure documents to show everything out there, good and bad, about the franchise. A lot of the stuff is there for your protection, not ours. Basically it means that we can’t over-promise and under-deliver. We have to give you what we’re saying we’re giving you, and we’re not, basically, allowed to lie about it. So a disclosure document, for instance, has everything in it that’s good and bad about us, from how many franchises we’ve got, how many we’ve lost, any legal proceedings against us, even the phone numbers of every franchisee, good and bad, that we’ve ever had. We’re more than happy to put that information out there because we don’t have anything bad in it. Naturally, as some of the bigger franchises, with hundreds or thousands of franchises out there, they might have some not-so-great things in there, but legal acts do have them put it in there. So, for you, knowing what you’re actually buying, it’s a big security thing for you versus, say, paying rent to the gym, where you got absolutely no idea how many disgruntled former franchisees or should we say rent payers are out there. Really, they can say what they want, but they don’t have to provide any evidence to prove that what they’re saying is true, and they can promise the world, deliver an atlas, and there’s really not that much accountablity to it because they’re not coming under the franchise code. So with us, we’re very accountable to it, that’s the way we do business anyway, but it’s nice to know that there are the laws behind that to actually protect you and look out for you and your business so you can grow it as big as you like.