The franchise route is one way to say goodbye to being an undervalued, unappreciated employee and hello to being your own boss but it doesn’t give you the freedom that comes with being a joint venture;
not to mention the unrivalled support offered by The Recruit Venture Group.
While joint ventures offer entrepreneurs financial and professional freedom and the chance to make the most of their talent, franchises tie investors into a strict set of rules and regulations.
Understanding exactly what sets a joint venture apart from a franchise is crucial when deciding which business model is right for you.
Financial input
Joint ventures offer several benefits over the traditional franchise.
One of the most important for investors is that a joint venture, under the model we offer, doesn’t require any financial investment on the part of the entrepreneur.
Instead, we provide the financial resources necessary to get the business started.
This opens the opportunity to talented individuals who might not necessarily have the finances available to invest in a franchise and gives all dedicated and ambitious entrepreneurs the chance to run a business of their own.
Trading restrictions
A lot of franchise opportunities come with a range of restrictions.
This can make entrepreneurs feel like it’s not really their business and can place limits on how successful, and therefore how profitable, the franchise is.
With a joint venture, however, there are no restrictions on how many branches you can open and where you can base your business. This gives you the freedom to take full advantage of available business opportunities and to corner the market in your chosen geographical area.
Hiring the best team for the job
With a joint venture, you’re free to create your own business plan and to select your own team of employees, giving your business an even better chance of success.
Providing financial and professional freedom, joint ventures offer significant advantages over traditional franchise models.
To find out more about the opportunities available, get in touch with a member of our team today.