Why franchising works: Nanotek
“Franchising is a fantastic business model,” says Nanotek CEO, Jim Cornish. “It enables someone to own their own business and be their own boss, but provides the security of a proven business model within a framework of teamwork and support.
“The franchisor provides a proven business format and centralised support systems,” says Adam Stone, Nanotek’s franchise development manager. “This enables the franchise business owner to focus on the things which directly affect revenue and profit such as sales, customer service and day-to-day efficiency.”
Nanotek car detailing uses spray-on liquid polymer nano technology that encapsulates, lubricates and lifts dirt from the car's paint surface giving a top quality finish and a protective polymer coating that lasts up to six weeks.
The process requires no water which means that Nanotek can clean a car anywhere (and saves 180L of water per wash based on Sydney Water figures).
“It’s very important that new franchisees understand the structure of a franchise system and how they can make it work for them to maximise the potential of their business,” says Cornish.
But where do you to get the right information? The Sydney Franchising and Business Opportunities Expo is a great place to start.
Nanotek franchisees Ian Franke and Sue Taylor will be participating in FCA franchisee success panels held daily.
Ian Franke says “After 20 years in the Police Force is was quite scary to buy your first business, but it’s been a great move. I’ve bought a piece of land with my wife and we’re just about to start building a house on it to raise our children. I’m also looking at purchasing a second territory and taking more of a management role in my business.”
Jim Cornish and Adam Stone will also be on the Franchise Selection Stand (C23) to answer questions.