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Wikane

Wikane is a business development franchise, specialising in working with SMEs to help them grow

£ 38,000 Minimum Investment

Wikane In Brief

  • Description

    Wikane is a business development franchise, specialising in working with SMEs to help them grow

  • Business Type

    Business & Professional Services, Business

  • Minimum Investment

    £ 38,000

About Wikane

Wikane provides a holistic approach to business development and supports SMEs to develop their potential and grow their businesses. The brand helps businesses to develop their growth through working across five key areas, including improving their business strategy, creating a more coherent and effective marketing plan, addressing sales through up to date tools and analytics, and managing the finance and organisational structure of a business in a better way.

Wikane works with businesses at four key points in the business life cycle – creation, growth, expansion and sale, helping businesses to reach the best outcome at every stage.

As a well-established business, Wikane has offices across Europe and an established and trusted reputation amongst the business sector. For franchisees who have already proved themselves in the professional field and want to help other businesses succeed, this can be a great opportunity.

Where can you find a territory to start a franchise with Wikane?

There are opportunities to start a Wikane franchise all over the country. As the business does not require a physical office or premises, it can be run from home, giving franchise owners the flexibility to work with clients across a broad geographic range.

 

Where can you find the head office for the Wikane franchise?

The UK head office for Wikane is located in Poole, in Dorset.

 

How much do you have to invest to start a franchise with Wikane?

To start a franchise with Wikane, you will first need to invest £38,000 (excluding VAT) as a joining fee, followed by monthly fee payments of £1,800 (excluding VAT).

 

What kind of financial support is available to start a Wikane franchise?

Wikane does not provide any financial assistance itself, but potential franchise candidates may be able to get financial support from most major banks or lenders. You will need to be able to demonstrate financial viability before applying for a franchise with Wikane, so you may need to go through any funding applications first.

 

What sort of experience or background should you have before starting a franchise with Wikane?

Wikane is looking for individuals who can demonstrate a high level of professional expertise and achievement. Their ideal candidate would preferably be educated to a high standard, such as an MBA or Oxbridge graduate, and has experience at an executive level, where they can demonstrate a track record of helping businesses grow and succeed. You must also be able to provide evidence of having sufficient funds to pay the initial investment and one year’s fees.

 

What kind of training and support is available with a Wikane franchise?

Wikane provides all franchise consultants with extensive support and training to help them succeed at a high level. All franchise owners are led through a programme to help them develop their knowledge base in their chosen field, as well as provided with guidance from experts across all sectors, and one to one coaching support to launch the business.

Wikane also has a robust network of communications, to help all of their consultants stay up to speed with the latest business developments. The brand has a customer magazine with celebrates client businesses and their growth, and also helps to promote the brand to a wider market, helping franchisees to reach out more effectively. Wikane also host a variety of conferences annually, giving franchise owners the chance to present their own ideas and learn further through a range of professional development workshops.

Franchise owners are also given access to a monthly continued professional development (CPD) programme, which helps to boost motivation, learning and deepens knowledge.

As well as training, franchise owners also enjoy access to a hotline to senior consultants at Wikane, where you can get advice and support to answer a range of practical concerns. The founding director and Wikane support team are also heavily involved in supporting their franchisees during the prospecting phase. Wikane places a premium on ongoing support and training, with follow-ups provided every few months to accelerate and review any client sign-ups, and ensure that the franchisee can meet all five areas of the business to a high standard.

Wikane also has a comprehensive back office team, offering a wide range of support and marketing tools, including the Wikane intranet, which provides access to a variety of learning materials and news information, national databases, and more.

 

What are the market opportunities for a Wikane franchise?

Starting a business with Wikane can be a lucrative and highly successful opportunity for the right candidate. The brand is distinctive amongst other competitors, as it has a track record of excellence and credibility, with glowing testimonials from many of its past clients. With Wikane’s strong, positive reputation, franchise owners can enjoy a significant advantage against competitors, as well as make use of the high level of support provided by the brand.

Wikane also has the advantage of 25 years of experience from the founder, as well as its 10 years as a franchise network, which means that the brand has a wide range of contacts. This ensures that franchise owners are continually able to grow and succeed, with many existing franchisees enjoying a turnover of £160,000 to £220,000, with four to six clients a year. For franchise owners who have already proven themselves in the industry and want to share their experience to help other businesses grow, this can be an exceptionally rewarding career step.

 

How to get started

To get started with a franchise with Wikane, you will first need to contact the franchise by completing the enquiry form found on this page. You will need to have all relevant information ready, including details about how much you are able to currently invest, the area you would like to specialise in, and an up to date CV. A Wikane team member will review your details, and back to you to arrange further discussion of current franchise opportunities.

Interested in this franchise opportunity?

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Wikane

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