Vodafone is a famous global technology communications company. It has outlets in over 60 countries and serves millions upon millions of customers. You now have the chance to represent this juggernaut and manage your own store. Interested? The franchise opportunities the brand is offering are described below…
Here’s What the Company Provides
Vodafone’s offerings include, but aren’t limited to, phones and tablets, broadband, accessories and other smart devices – all are made by prominent and well-respected brands. When customers enter an outlet, they can expect efficient and friendly customer service as well as fair prices.
Why You Should Contemplate Becoming a Franchisee
It could be argued that new Vodafone franchise partners have it easy! Why? If you choose to invest, you won’t need to find an appropriate site, arrange for construction works or handle the shopfitting. This is because the company will already have a pre-built store ready for you. This includes all the required fixtures, fittings, furniture, stock and staff. All you’ll have to do is take over and capitalise on the business opportunities within the surrounding area. But don’t forget, before any of this happens, you’ll be extensively trained in all aspects of the operation. You couldn’t ask for a smoother transition.
All the products and services you sell will be pre-approved by Vodafone. You’ll earn a set commission for the sales you make from month-to-month. During the course of your time as a franchisee, you won’t be expected to pay for any store maintenance, IT systems or marketing – Vodafone will take care of it all. Plus, you can ask the brand’s dedicated recruitment team to help you identify and hire suitable new staff, as necessary.
The length of your franchise agreement will be based on your store’s specific lease. You can manage more than one store if you have the capital and the desire. But bear in mind the maximum number you can operate is three.
The Experience Required
Managing a mobile phone franchise such as this requires familiarity with the retail industry but you won’t have to have worked in the market before. You’ll also need to be hard-working and comfortable with managing teams of staff.
There’s No Upfront Cost
To invest in other mobile phone franchises, you’ll need to pay a large fee before you even get started. This isn’t the case with Vodafone! The company will simply ask you to provide proof that you can afford to operate your store for at least 12 weeks. This will normally require between £60,000 and £100,000. But the figures can vary.
Once you’ve shown you have the capital to take this franchise opportunity, you’ll be able to make your agreement. You’ll be provided with training, marketing support and much more.
Wondering how much you’ll be able to make? Vodafone estimates that all of its franchisees should generate a yearly income that ranges from £45,000 to £100,000.
Who You Can Ask for Funding
Don’t have the capital to cover the Vodafone franchise costs? There’s no need to worry. The brand’s recognition factor will be a significant advantage. You’ll be able to go to any major bank and request a loan. Remember, many of these financial institutions will have helped Vodafone franchisees in the past. You’ll be in good hands.
How Vodafone Will Train & Support You
You won’t be expected to begin managing your phone shop franchise immediately. Vodafone will first send you to a business planning workshop. This will be two days long and cover subjects like market information, the competitors in your area, staffing structure, projected sales and so on.
Further to this, you’ll spend four weeks working with another franchisee in an active store – you’ll learn what it means to run a Vodafone establishment through hands-on experience. But the support won’t end once your training period has concluded. The franchise team at the brand’s headquarters will always be available by email or phone to answer your queries and give you guidance.
What’s Your Next Move?
If you’re contemplating pursuing this franchise opportunity, send an enquiry and request further information. It’s easily done – fill out this form and submit it. It will take just seconds.