All franchisees have to do is sell enough holidays inside an agreed time frame and their business start-up costs will be refunded
The Money-Back Challenge means that franchisees have the opportunity to get their franchise fee back as their business grows. All franchisees have to do is sell enough holidays inside an agreed time frame and their £15, 000 business start-up costs will be refunded.
Jenny Farenden, head of franchise marketing at The Travel Franchise, explains: “We are the only franchise in the UK to offer a Money-Back Challenge, and while it’s not easy, people are consistently hitting their challenge targets and effectively getting their business for free. Dozens and dozens of franchisees have won the challenge so far. There are no strings attached, we see this as a great incentive for all our elite franchisees to hit the ground running and make a real success of their franchise.”
One example is husband and wife franchisee team James and Natasha Oliphant from Berkshire. They decided to join in June 2021 after seeing first-hand the need for travel professionals. At the time it was a big decision, but one they were convinced was the right thing to do for their future. After just eight months, they’ve now sold enough holidays to beat the unique Money-Back Challenge and have received their franchise fee back.
“We run the business part-time around other jobs, and I also run a beauty business,” explains Natasha. “When we decided to go for it, we immediately started to promote our new business and created a Facebook group and invited everyone we knew to it. So we went into training as prepared as we could be. We finished training at 3.00 pm on the Friday and by 4.30 pm on the same day we had our first booking, and it was from a complete stranger.
“One of our biggest bookings came from a lady who had just booked an eyebrow wax with me for £10. It was a holiday to the Maldives, initially just for two people, but it turned into a group holiday worth over £20,000. Getting this booking was an amazing feeling!”
The Money-Back Challenge is offered to all franchisees on the Elite package (£14,995), which is The Travel Franchise’s most popular offering.