Bodystreet the world’s most successful boutique fitness franchise studio featuring EMS training was, like everyone else, stunned by the rapid spread of COVID19. As a business, whilst not being a gym, we took the decision to close in line with the government’s request for leisure centres etc to close. Being a business that provides personal training this closure meant our franchisees could no longer provide workouts for clients and that got us, as a franchisor, into creative mode. Within a few da...Read More
It's key to understand that Business Opportunities and Franchises are not the same. There are less restrictive nature in terms of operation, branding and territory restrictions, their low initial investment fees and lack of ongoing fees when running and operating a Business Opportunity instead of a Franchise. However, remember that you don’t get the ongoing franchise support for a business opportunity, and that you need to conduct extra research with a business opportunity compared with the franchise research undertaken, since it may not have the same legal obligations as franchises do to disclose certain details about the business, like the financial health of the operation. A Business Opportunity does not include documentation such as The Franchise Agreement.
With a flexible approach to independent working, business opportunities are becoming an increasingly popular choice for the self-employed. Although you do not receive the same benefits of the on-going support of a franchise, a business opportunity could give you greater flexibility when running your own business.
With industries such as recruitment and tutoring, to healthcare, there are options for everyone. If you are thinking of going down the business opportunity route, take a look through our businesses who are looking for like-minded investors.