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7 Important Questions That You Don’t Ask Before Joining A Franchise

7 Important Questions That You Don’t Ask Before Joining A Franchise
7 Important Questions That You Don’t Ask Before Joining A Franchise

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Entering a new business is a big deal and you must know everything about its establishment and operations. If you are joining a franchise business, you must have a set of questions for the franchisor. We suggest you revisit those questions once to see whether you have covered all crucial aspects or not.

Generally, people ask about the company’s background, capital requirements, royalty, franchise fee, and other such things. However, there is a lot more that you should know because just basic information about the franchise business will not help you in a long run. So, we have curated 7 important questions that you must ask before joining a franchise. They will help you in making a better decision.

Let’s see the questions.

How much liquid capital will be required once I join a franchise business?

Ask how much liquid capital is needed before joining a franchise
Know how much liquid capital will be required to run the franchise business

In general, franchise enthusiasts enquire about the overall investment required to join a franchise. However, it is not enough. The cost of establishing a business and the cost of operating a business are two different things. And you should know exactly how much money will go into both of these. 

On this line, you must know how much liquid capital will be required. Franchisees often have to run the business with their own money in the initial months. It takes some time for a business to achieve a break-even point. It is a point where the expense and revenue of a business get equal. And the owner no longer has to put their own money into running a business. 

So, have a clear idea of the liquid capital requirements before joining a franchise. You will need it for paying salaries, paying bills, purchasing inventories and other such expenses.

Who are your competitors? What sets you apart from your competitors?

Ask details about the competitors before joining a franchise business
You should understand the background and market position of competitors

Every business has a set of competitors. You must have a clear list of all minor and major competitors of the business to assess the growth prospects. Sometimes, competitors can dominate a new franchise aggressively. If you will not have exact information about the competitors you might face issues in the long run. Here are some basics you should enquire about competitors before joining a franchise:

  • Who are your competitors?
  • Strengths and weaknesses of competitors
  • The market position of competitions

In order to retain its own identity in this competitive world, a business should have some unique qualities or approaches. Ask your franchisor how they set themselves apart from their competitors. You should have an idea about their strategies and tactics to outgrow the competition.

How do you handle manpower recruitment and training?

Ask everything about recruitment and training for your business before joining a franchise
Ask everything about recruitment and training for your business before joining a franchise

Hiring the right kind of people at the right time is more complex than you think it is. It takes a lot of time, effort and money to carry out recruitment processes. While some business owners outsource recruitment, we suggest you choose a franchisor who does it all themselves. 

No matter how good a recruitment agency is, they cannot relate to the essence of a business as much as the owners. Because they are not directly involved with the processes. Hence, you should either do it all on your own or try finding a franchisor who promises recruitment and training of your entire staff. 

At Tumbledry, we have a centralized training academy to train the franchise staff.

Do not forget to ask about the details of training, especially if the job roles require a high level of skills. Some franchisors set up proper training academies to refine the skills of people who work for their franchisees. And, you should definitely look for such franchisors. 

What support do you offer beyond the initial setup?

Ask about the support system before joining a franchise business
Know how long and to what extent the franchisor will support you.

You should not stop at recruitment and training, go one step ahead and ask – what kind of support they offer beyond training.

Why?

Because every business faces some challenges. Sometimes it may not be easy for you to handle discrepancies or issues as a newcomer. For example, there can be a sudden shortage of inventories, or there might a sudden boost in demand for your service or product. 

In such situations, ideal franchisors don’t leave their franchise partners unassisted. Ask the franchisor whether they will offer support after the initial set-up or not. Be particular about the time, because many franchisors stay supportive during the establishment process and initial operations. This is not ideal, you should have a support system even after years of joining a franchise business. And the good part is there are several successful and profitable franchises like Tumbledry which offer complete support at every stage of business operations.

Choose a franchisor who is readily available to sort your issues and streamline things every time they go out of hand. Because it is not a cakewalk to handle major issues when you have just entered a new business or a new industry. 

How do you resolve disagreements or disputes?

Before joining a franchise know how franchisor will handle disputes and disagreements
Know how the franchisor will handle disputes and disagreements

No matter how well you manage your business there can be disagreements and disputes at different stages. They may occur between staff or consumers. Sometimes disagreements take place between franchisors and franchise staff. Other than this, there can be disputes with vendors as well. 

Your franchisor should have a full-fledged support system to provide you with round-the-clock assistance in such situations. Thus, you should definitely ask how they will resolve issues before you join a franchise.

What are your expectations from your franchise owners?

Before joining a franchise ask what are their expectations from franchise partners
Ask what is expected from the franchise owners

Franchisors expect dedication and commitment towards business. There are various ways to show these things, ask them what they expect you to do as a franchise owner. Some franchisors may want you to devote a certain amount of time to running the business, while some may expect you to follow their instructions properly.

You should know the level of involvement a franchisor will have in your business. So, don’t hesitate to ask about how it will look like doing business with them.

What kind of input will I have in marketing and advertising?

Ask about marketing and advertisement plans before joining a franchise
Ask about marketing and advertisement plans

After joining a franchise business you cannot expect profits overnight. It takes a lot of hard work towards marketing and advertising to grow a business. You may already know how tough it is to carry out these activities. But if your franchisor will be there to support you, it will be easier. Some franchise owners take complete charge of marketing and advertisement. They make the journey of recognition a cakewalk for franchisees. So, you must ask whether they market their franchisees both offline and digitally or not. Then, try to understand the whole process of their marketing. It includes the marketing strategies, plans and their implementation.

Looking for a franchisor who offers complete marketing support to franchisees?

These were some important questions to ask a franchisor before joining a franchise. Ask them and expect a detailed answer for every single question. Their answers will help you visualize how you will run the franchise business. You can analyse the business and your capacity as a future franchise owner as well. This will help you in taking a right decision and have a successful franchise business soon.  

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  • Inspection

    Shoe material analyzed to decide the cleaning methodology.

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Try it once to feel the difference

Carpet Cleaning

Carpet Dry Cleaning Service By Tumbledry

An intense, deep-cleaning of carpets to restore their original glory

We specialize in dry cleaning of Persian rugs, silk & Turkish carpets, and all other premium, imported rugs of nylon, wool, cotton, polyester and olefin.

  • 100% carpet fabric color & luster preserved
  • Eco-friendly, pet and child-safe detergents
  • Anti germ treatment & deodorization
  • Mold damage reversal
  • Complimentary border pasting

WOOLENS DRY CLEANING​

Tumbledry Dry Cleaning for Woolen Garments

Our Woolmark approved Lagoon system is the world’s most advanced and eco-friendly technology for dry cleaning woolen garments – sweaters, coats, furs, shawls, pashmina, and jackets.

Your woolen garments will be delivered stain free, and will retain their original texture, smoothness, fluffiness, shape & size. Our advanced systems and processes ensure zero shrinkage.

For expensive and delicate woolens like furs & pashmina, we use special eco-friendly chemicals from Germany which are of neutral ph, and form a protective covering around wool fiber to maintain its shine & lustre after dry cleaning.

CURTAIN CLEANING​

Curtain Dry Cleaning Service At Tumbledry

Premium curtain dry cleaning service service with facility to remove the curtains from rods and install them back after dry cleaning.

  • Processing as per curtain fabric type (silk, velvet, blackout etc)
  • Zero shrinkage guaranteed with our Italian technology
  • 99% stain removal promise
  • 100% shine & lustre maintained with our German organic chemicals
  • Crisp, wrinkle free steam iron
  • Complimentary curtain ring replacement

Leather Dry Cleaning

We specialize in dry cleaning of leather shoes, bags and jackets

Professional leather dry cleaning for jackets, bags, purses, clutches, wallets, belts, shoes, boots and stilettos.

Protect your leather items from dirt, dust, oil stains, perspiration, dehydration, mold & mildew.

Our expert leather care technicians inspect each item with utmost care to assess the color, shade, and type of leather, and accordingly decide the most appropriate treatment.

Complimentary conditioning and polishing to ensure smooth & shining finish

Shoes/Bag Cleaning & Restoration

Shoe & Bag Dry Cleaning & Restoration By Tumbledry

Experts in dry cleaning of Sports, Canvass, Leather, Suede, Nubuck Shoes, Sneakers, Boots, Sandals and Canvass, Jute, Leather & Suede Bags

    • Gentle chemicals and conditioners to maintain the color & fabric.
    • Mink & Lanolin Oil Nourishment
    • Spotless cleaning of laces, straps, insoles, and inner lining
    • Disinfection with our German deodorizers

Following Restoration Services are also available:

    • Sole pasting
    • Inner sole replacement
    • Damaged collar replacement
    • Inner lining replacement
    • Heel replacement
    • Sole replacement
    • Re coloring
    • Laces replacement

Haute CouturE Dry CleaniNG

Haute Couture Dry Cleaning At Tumbledry

Want to restore the glory of your haute couture? Look no further than Tumbledry!

We have a separate team of processing experts who handle your most expensive silk, bridal & designer wear for dry cleaning. Each Haute Couture article is given a customized treatment in our state of the art dry cleaning facility.

Our team has more than a decade experience of dry cleaning most delicate and expensive silk sarees, including: Banarasi silk, Kanjivaram/Kanchipuram silk, Baluchari silk, Bomkai silk, Tussar silk, Chanderi silk, Dharmavaram silk, Banglori silk, Mysore silk, and Patola silk.

Be it Manish Malhotra, Tarun Tahiliani, Masaba Gupta, or Sabyasachi Mukherjee – we have got tons of experience dry cleaning fashion articles from most popular designer houses. We understand the nuances of the make and design, as well as the fabric structure used by these designer houses – and this enables us to give the perfect treatment to these haute couture articles