Article
Why 80% of Our New Founders Switch Industries
Franchise systems are largely characterised by the fact that new franchisees do not need any specialist or industry-specific qualifications. Changing industries is common when founding a franchise business.
New Perspectives, New Opportunities
Many of our prospective clients are currently in employment. They are used to job advertisements requiring relevant industry-specific and functional experience.
The thought of leaving behind the industry in which you have built up a solid body of knowledge over many years often fills prospective founders with uncertainty and doubt.
We would like to encourage you to seize the opportunity that change can bring and, for now, let your ideas and wishes flow freely.
In which industry would you like to work if your new professional direction were not guided by your previous career path? What would you like to do if you could start all over again?
A change of industry opens up new perspectives and opportunities for franchise founders.
One of the great advantages of franchise is that the business model, along with its associated processes, is documented in detail, and that comprehensive onboarding, induction, and ongoing training programmes are in place. Even during day-to-day franchise operations, there is a regular exchange of experience, enabling continuous development.
All partners benefit from this.
In the DACH region, there are more than 1,000 active franchise systems. Finding the right fit can therefore be a lengthy and challenging process – especially now that you know you have the opportunity to change industries.
How do you find the right system?
We strongly recommend evaluating the following three aspects when searching for the perfect concept:
1. The Personal Level
The selection process relies heavily on you having the opportunity to engage in free, personal conversations with every system you are considering.
The further you progress through the process, the more in-depth your conversations with the franchise headquarters will become. Pay close attention to whether there is a personal and "human" connection, and whether you can imagine building a solid foundation for communication.
You should also speak with existing franchise partners – through what are known as shadowing visits.
Ideally, set aside 2–3 days to experience the day-to-day operations first-hand and get a feel for your future network.
2. The Financial Level
Work together with the franchise headquarters to create a detailed business plan.
Naturally, the franchisor cannot guarantee that these figures will be achieved, but what matters for you is that you compare your own financial needs against concrete, real-world benchmarks.
Make sure to include your personal living costs as well, to get a realistic picture.
The most important thing is that you have sufficient liquid funds for the start-up phase.
3. The Legal Level
When the franchisor presents you with a franchise agreement, have it reviewed by a solicitor who specialises in franchise law.
In the finder on the website of the German Franchise Association, you will find designated legal experts (use the filter in the top right-hand corner).
On the most effective and secure path to independence
We only recommend concepts that are specifically tailored to executives and meet our quality standards.
- Based on a detailed personality profile that we create with you at the start of our collaboration, we guide you through the process step by step.
- We discuss opportunities and risks, compare available offers, and refer you to your preferred systems.
- We give you access to our extensive network of industry experts.
This is how we help you find the right concept for your new business venture in the most effective and secure way possible.