The franchise business will contact you by means of email and/ or telephone only to the email address and phone number you have provided.
By submitting the enquiry form you are consenting to send your personal information to the selected franchise business.
You also agree to receive further newsletter email marketing from What Franchise.
Is now a good time to invest in a fitness franchise?
Brian Duckett writes:
That’s a question better asked of a fitness sector expert, the franchisor in question or its franchisees, but it serves to make the wider point that research is vital into all aspects of the business into which you are thinking of investing.
There seem to be a lot of fitness franchises around at the moment and many of them seem to be expanding quite rapidly, but whether that makes it a good or bad time to invest I cannot say.
The best way to decide is to ask the various franchisors’ staff as many questions as you can and to back that up by meeting or speaking with as many of its existing franchisees as possible. Take a wide sample of those who have been in the system a long time and those who have recently joined, even with some who have left if you can track them down. The process is much easier these days, thanks to the various search engines and social media.
Remember, however, that you can’t please all the people all the time, so be prepared to find some franchisees who found the opportunity wasn’t quite what they expected. That doesn’t mean it’s not a good time for you.
Brian Duckett is chairman of The Franchising Centre, part of the world’s largest network of specialist franchise consultants.
You might also be interested in
Will a franchisor ensure I operate my business within the required health and safety guidelines of the sector I operate in?
Answered by Shelley Nadler
Shelley Nadler writes: The franchisor should provide health and safety guidelines appropriate to the sector the franchise... read more
Answered by Louise Harris
Louise Harris writes: The initial investment in a franchise varies greatly across the industry, but it’s one... read more
Answered by John Pratt
John Pratt writes: As with all franchises, you have to ask yourself: Is this the sort of... read more
Answered by Alan Wilkinson
Alan Wilkinson writes: One of the attractions of franchising is the resilience it shows through hard times... read more
Exciting Franchise Opportunities
Companies to Consider
Potential ROI within 18 months with an average net profit of 21%
Yes, by a third party
To be discussed
The Eaton Practice
Yes via third parties, both bank finance and asset finance
Potential ROI within 12 months, with average profits of 34% in the first year
Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
Added 2 years ago | 2 min read
Added 14 hours ago | 2 min read
Added 4 days ago | 2 min read
Find your next business opportunity
Search 100s of UK franchises and become your own boss today.
What Franchise Newsletter
Keep up to date with all the industry news