Why buy a franchise? “It gives you a tried and tested business model”
Concept Building Solutions outlines the success its Merseyside franchisee Jonathan Foy has achieved in just one year, and how you could too...
There are a lot of good news stories regarding the success and hard work undertaken by our franchisees both old and new.
One such franchisee that has had more than his fair share of challenges in delivering his own Concept message is Jonathan Foy, owner of the Merseyside territory.
Like running any business, franchising isn’t without its challenges and success is no accident
At the very beginning of Foy’s Concept business journey, he had to deal with a fraudulent claim which cost him in the region of £10,000 and to add insult to injury the claim came via a “friend”. Jon’s next two claims were to be equally problematical.
An experienced Concept franchisee would take such setbacks in their stride and know that they are rare events. In fact, the problems that Foy encountered on his first claim were so unique they are the first of the kind we have seen in 15 years.
Luckily these things happen once every blue moon but in Foy’s case this scenario represented his first three “jobs”.
A lesser individual might have been tempted to just walk away or at the very least allow these setbacks to affect their mindset for the future. However, as every determined entrepreneur knows “A dream doesn’t become reality through magic; it takes sweat, determination and hard work” (Colin Powell).
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Foy is nothing if not persistent so sleeves were rolled, contacts made, very early morning networking meetings attended and old connections re-visited.
Achievements in franchising
Fast forward to Jon’s impending first anniversary running his Concept business and the scene could not be more different.
He is on target, despite his initial setbacks, to achieve above and beyond the Concept first year projected financial target – just imagine if he had not had the setbacks he would have been far ahead of projections.
Foy has 17 current insurance claims that he is managing…. oh, and four house extensions!
The Concept franchise opportunity – a proven business model
The LEAP training (Launch Establishment Action Plan), provided on day one as part of the Concept franchise package, set out and supported the key business development methodologies that Foy should undertake to develop his Concept franchise in line with the proven business model.
The rest as they say is history, and of course hard work.
Of the training and support provided by Concept HQ, Foy has said that “without the on-going help, advice and support of everyone within Concept I simply wouldn’t have been able to reach this point or even bought in to the franchise in the first place.”
Others are about to benefit from Foy’s success as he is now looking to recruit an administrative assistant to help with the day to day management of his insurance claims. Foy is the first to tell you that his journey has involved blood, sweat and tears, 16 hour days, no holidays or weekends off, but, as we said at the beginning, “success is no accident”.
This hard work has paid off resulting in Foy establishing work referrals from insurance brokers, letting agents, contractor referrals, landlords and friends.
Buying a franchise such as Concept gives you a framework, a tried and tested model which we know will absolutely work for the right person… could you follow in Foy’s footsteps?