Icode is one of the biggest franchise in the world for coding. Franchising offers aspiring entrepreneurs an opportunity to start a business with the help of proven systems and a built-in support network. When you franchise, you get the benefits of being an independent business owner without having to start from scratch. It’s your business, and you’re in charge of its success. With the right franchisor behind you, you’ll be equipped with the tools you need to grow.
As you begin the exciting journey to franchise ownership, we encourage you to consider a few important questions to narrow down your search for the right business and get franchise sales.
First things first. Assess your primary goals for franchise ownership and arrange them in order of importance. This will help you find a franchise that checks off each item on your list (or at least the ones you care about most).
While independence and financial gain usually make it to the top of everyone’s lists, we implore you to think granularly about what you’re hoping to accomplish with a franchise.
For example, if your goal is to own a business that benefits your community, then you’d probably stay away from franchises that sell fast-food or frivolous services. Instead, you might explore a children’s franchise, like iCode, that teaches kids how to code and instills fundamental skills for educational success. Who doesn’t want to own the biggest franchise in the world?
Everyone has things they excel at and others they try their best to avoid. Take inventory of some of your greatest professional strengths. Are you an experienced marketer with the know-how to kick start your business? Do you love to network and have robust connections within your community? Don’t be modest!
It may be helpful to connect with others who know you well to identify your strengths. You may miss something that a friend or former boss has noticed. These strengths will help guide your search for a franchise that best matches your experience.
Every franchise requires a financial investment—some big and some much smaller. Assess your finances, credit and other factors that may impact your ability to invest in a franchise. Once you’ve compiled this information, you can narrow down your search by price as well.
While starting any kind of business is a financial risk, franchising gives you the added benefit of support from the franchisor. For example, when you franchise with iCode, we work with you regularly to ensure your business is on the right track. With bi-weekly check-ins, marketing support, and much more, we help ensure you’re meeting the benchmarks you need to thrive.
Choosing to start a franchise is a big commitment, and we want to make sure you’re prepared for business ownership. Here are a few tips to keep in mind as you hunt for the perfect franchise.
iCode has developed a sophisticated franchise system that enables both experienced and first-time franchisees to build a rewarding business that serves children in their communities. To learn more about what makes the iCode franchise model a savvy business investment, check out this blog.
Have questions about the iCode children’s education franchise? Reach out to our team to learn more.