Want to run your own business, but aren’t sure on the process? Before you get started with any franchise, there are a few critical steps you must take.
The first and most important thing to consider in your franchise journey is due diligence. You need to make sure that the claims your chosen franchisor makes are accurate and that they have your best interests at heart.
Some franchisors may make promises that seem too good to be true, which is a fair indication you should either dig a little deeper or walk away.
Other franchisors, like pool service and maintenance business Poolwerx promote transparency as key.
The Poolwerx pathway
The heritage Aussie icon believes in starting franchise partners off with a clean slate. Once a prospective franchise partner registers their interest, Poolwerx nurtures them through the process, encouraging them to speak with existing franchise partners and attend an information evening.
These no-obligation, knowledge-based processes provide aspiring entrepreneurs with a behind the scenes look at how the franchise operates.
It’s all part of the Poolwerx five-step pathway to success; a system that has benefitted the brand’s network of over 100 retail stores and 400 mobile service vans. Here, we break down the all-important processes that ensure Poolwerx franchise partners are primed for success.
1. New beginnings
Your journey to franchise freedom begins here. Are you dissatisfied with your current role? Maybe it’s greater work/life balance you are after? Whatever the case, it is critical that you fully understand your reasons for wanting to enter the world of business-ownership.
This way, you can better tailor your franchise search, taking into account your goals and key requirements.
If you want to know if a Poolwerx franchise is for you, it’s as simple as picking up the phone. The team of dedicated staff will be on-hand to explain the ins and outs of the business, so you can better understand the day-to-day running of the operation.
2. Application
Once you’ve have established and identified your overall goals, it’s time to measure them against your financial capacity.
By completing a franchise application, the Poolwerx team can use their in-depth knowledge of the business to determine if the pieces fit. Because Poolwerx will reveal some key business information, this will also include confidentiality documents, demonstrating once again, the brand’s commitment to transparency.
3. Meeting
Franchise partners will then be invited to partake in a video conference, where head office will share details on the Poolwerx franchise business and the growing pool and spa industry.
From here, the franchise team is able to better chart who you are and the growth opportunities you are looking for. Post this meeting, Poolwerx will arrange the opportunity to meet a local field representative who will support you day-to-day once you join the network.
4. Discovery Day
Here’s where things get interesting. After meeting face to face, prospective franchise partners are invited to a Discovery Day event at the Poolwerx support and training facility in Brisbane.
Here, you will have access to ‘the secret sauce’ that makes Poolwerx the fastest growing pool brand in the world.
During the day, you will partake in sessions with local franchise partners, with Poolwerx staff providing insights into purchasing power, training programs, marketing and in-field support. You will also spend time with the senior leadership team sharing your goals and vision.
5. Disclosure and due diligence
The final and most crucial step in the process is disclosure and due diligence. After the Discovery Day event is complete, Poolwerx will provide you with a disclosure document, templates, and tools to help build a business plan, along with all the materials required to make an informed decision.
Becoming your own boss
Ready to get started? Before you sign anything, you must seek legal and financial advice. As a transparent operator, Poolwerx encourages all incoming franchise partners to seek third party confirmation.
Once you have signed on, the exciting part begins. Poolwerx staff will be on-hand to provide expert advice and support, including three weeks of in-house practical training, and the opportunity to complete a Certificate III in Swimming Pool & Spa Maintenance.
The Poolwerx five-step pathway to success is just one way the Aussie icon is backing franchise partners. The dedicated process is there to help you make the most of the opportunity and fine-tune any issue you may have.
If you want to take control of your career, start the process today. Visit franchisebusiness.com.au/brands/poolwerx/ and get your journey underway.