For individuals with the credentials to make it work, owning a franchise is a great way to take control of a business whilst avoiding many of the risks associated with starting on your own. We licensed our first branches in 2014 and current operate three franchisees across the South of England, and still looking to expand.
Franchising is a two-way relationship; we commit our business model and resources to help you grow your business, and you commit your drive, determination and local knowledge to help us grow the franchise for everyone.
If you've ever considered taking the leap into starting your own business, but are concerned about going it alone, then a Target Structural franchise could be perfect for you.
There are inherent risks with starting any new business; however, you can take comfort in the knowledge that franchise businesses are less likely to fail than other SMEs and the fact that our proven business model already has a number of successful licensees working under the Target Structural brand.
You retain your ownership of your company at all times. And, unlike if you set up on your own and suddenly become incapacitated, your business can be run on your behalf, and you retain all of the profits! This offers far more security to both you and your family.
With a Target Structural franchise, you set your own goals, your own long-term plans and the speed at which you grow your business. You will be backed up by our support network which will help you run every aspect of your business. Best of all, there is always another franchisee that has "been there, done that" and will be willing to share that experience!
There are two very different routes to becoming a Target Structural franchisee. Whichever route you choose, your most important attribute is your attitude.
In the Traditional Franchise, you invest your money directly in getting your franchise up and running, but also you immediately reap the rewards!
We are as transparent as possible with the fees for our franchise and if you have any questions, please get in touch!
The total cost of a Target Structural franchise is approximately £40,000. This splits out as follows:
* Your business start-up costs depend on the business plan that you draw up before your investment as a franchisee. For example, our sample cash flows (built from real-life examples) factor in you taking a salary from your business from the beginning. You may decide against this, potentially lowering your start-up costs.
While we can provide guidance on your business cash-flows from our experience in the market, all Target Structural franchisees are expected to produce a business plan with their own costs and revenues.
In the Joint Venture, Target invests its money in getting your franchise up and running, allowing you to start your own business at no cost to you!
Target can employ you directly, on a salary, to become fully trained in all aspects of Target's business.
Once both you, and Target, are comfortable that you are ready to start out on your own, Target invests in a joint venture company with you at a helm. You continue to be paid a salary from joint venture business.
Once the investment into the company has been paid back to Target, you take over - and become a full franchise!
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