Starting a business is a big step. Even if it’s a franchise and you have the business model in place, you are still taking a risk.
One of the biggest risks is financial risk. It’s a fact that starting a business requires a financial outlay.
At Apollo, we ask for £20,000 plus VAT for our franchising fee, and it’s fair to say we provide a lot more than just that! Let’s recap:
- Full training in marketing, advertising and social media
- Access to the Apollo Academy so your business stays at the cutting edge of home care
- HR advice and support
- First year’s accreditation fee fully paid
- Guidance and mentorship for creating a life that works for you
£20,000 plus VAT is not a lot to build a business and receive all of that support.
However, we’ve been doing some soul-searching and wanted to ask ourselves how we might make it a little easier for the average person to come on board.
You see, with Apollo, it’s a business that thrives from the human touch. We want people with a heart to lead our franchises. We’re not after people with bags of money looking for a fast buck. Nor do we want to alienate people who would otherwise be great ambassadors because they don’t have the cash readily available.
So we put our heads together and came up with a solution.
But first, you get what you pay for, right? And you value what you pay for. We haven’t cut the price of our franchise fee.
But what if you only need a very small initial down payment to get started? Let’s say £5000? Because it is an example of what you could be starting your franchise with today.
We have three payment options for those who want to get started:
Option 1: £20,000 upfront, no further payments. (Does not include VAT.)
Option 2: £8,000 upfront, then £250 per month over 5 years.
Option 3: £5,000 upfront, then £350 per month over 5 years.
Options 2 and 3 mean you can pay for your franchise as your earning money.
But that’s not the only good news. We’ve been in conversations with NatWest Bank who can provide business loans for new franchisees subject to status. In addition, if your loan application is successful, you’ll get access to a whole host of other benefits:
- Free accounting software
- 18 months free for a business account
- A business credit card for your first 12 months
- £500.00 overdraft
- Mobile banking
- Rapid Cash to help you out when waiting for invoices
- Business mentoring
If you’re determined that you could and should be our next franchisee, there is the help out there to get you started both financially and in terms of training and support.
If you’re considering starting a franchise with us and the financial plans we’ve outlined above sound appealing, why not book a franchise discovery call with Cheryl to get you started?