You can measure the strength of a workforce by the quality of the training offered to each individual. Sure, school and college qualifications are useful gauges to understand a person's general ability, but they add up to very little in the actual workplace if people aren't thoroughly trained on the job.
This is where training franchises help shape the future of businesses. Training franchises offer a versatile portfolio of teaching and learning opportunities that help maximize the potential of individuals.
But there's way more to training than simply shoving the instruction manual into someone's hands.
Teaching and learning require a highly tuned skillset from the trainer. And no other career offers job satisfaction like teaching and training: watching learners under your wing realize their full potential.
And that’s exactly what training is all about: helping people succeed. Watching a learner go from unconsciously incompetent all the way to consciously competent is an exciting journey for any trainer.
Indeed, training franchises help you meet your own potential by assisting other people to discover theirs.
So, whether you specialize in customer services, the hospitality industry, professional services, or coaching, there's a training franchise that can help you discover a path to genuine job satisfaction.
If you're great with people and have a talent for communicating ideas using a range of approaches, there's no better job than teaching people to become competent and confident in their role of work.
Franchising
Whether you want to work from home and teach online or attend in-the-flesh conferences in offices and meeting rooms, there’s a training franchise model that suits your approach to teaching and learning.
But should you set up your own training business from scratch? Surely you have to pay a lot of money to become a franchisee?
Sure, all franchise businesses require an initial investment. But you'll need startup collateral either way: buying into a franchise or opening up an independent company.
The problem with going independent is that you start up without the support of an experienced partner who has real-world knowledge and understanding of the training market.
On the other hand, franchises already have a raft of existing customers AND a reputation - those are worth their weight in gold when you're starting out.
Franchising is regularly considered the common-sense approach to going into business for yourself because you're effectively starting a company that already knows its market, with a customer base who has already heard of you (and - more importantly - trust you).
When you invest in a franchise opportunity, you inherit the parent company's reputation. And when new customers are looking for professionals to train their staff, they'll go to the experts whose reputation precedes them.
Training franchises supply:
- A reputation of excellence
- Instantly recognizable branding
- Ongoing business support
- HR and training support
Facts About Training Franchises
Whether you’re looking to provide one-to-one coaching or classroom training for corporates, associating your new business with an established training franchise will help you win that lucrative contract.
According to the US Bureau of Labor, companies with less than 100 employees received just 12 minutes of training in the first six months of 2018. And businesses with up to 500 employees received just 6 minutes of training, on average.
That’s pretty shocking when you consider that almost 75% of American workers feel they’re not reaching their full potential within their existing workplace due to a lack of development and learning opportunities. This means that employees are underperforming and failing to engage with the workplace.
All businesses want to improve their employee engagement rates while boosting productivity - but that doesn’t happen without investing in employee development.
A lack of engagement leads to high employee churn, leading to sky-high recruitment costs. Training helps employees feel valued, more confident and competent, and more valuable to the business.
Help businesses meet their employee needs with a training franchise today.
Franchising Vs. Independent
Starting up an independent company in any industry is fraught with peril:
Firstly, it takes a lot of time to establish yourself in a crowded marketplace. The first several years of an indie are often slow to pick up momentum, whereas training franchises often hit the ground running.
Secondly, franchises benefit from the hard-earned reputation of the parent company. They have instantly recognizable branding that offers immediate "curb appeal" (even if you run your business entirely online). Indies have to build a reputation from scratch.
And finally, investing in a franchise is an investment in your own professional development. Most franchise parent companies provide world-class training to ensure that you can maintain their reputation and service history. And many parent companies supply a raft of HR functions, including regulatory compliance and employee support.
When you invest in a training franchise, you benefit from a raft of great headstarts, including your parent company's inherited reputation and perceived trust. This puts you at a real advantage because your parent company already has a program proven to increase productivity, engagement, and staff confidence.
Of course, whether you’re starting up independently or buying a franchise, you’ll need startup collateral to get you on the road to success. And this is another benefit of investing in the franchise model.
Most banks and moneylenders are keen to lend startup funds to franchises because the business model has already proven its viability. You can walk into that funding meeting armed with evidence that your business has already demonstrated sustainability, profitability, and longevity.
Independent startups don't have that evidence and, therefore, enter funding meetings with a more challenging task to convince the lender that their business will survive.
Unfortunately, over half of all independent companies go bankrupt within the first five years. This is often due to the difficulties in developing a client base during the crucial startup period.
Training franchises, on the other hand, tend to find their feet much more quickly, benefiting from the ongoing support of their experienced franchise partner.
Training Franchises
Check out Franchise Direct's brilliant choice of excellent training franchise opportunities. And help American businesses invest in their employees to increase productivity and engagement while getting the best out of their people.
Find your brand new start with Franchise Direct.