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FAQs
Frequently Asked Questions
Below
are the common questions we get asked regarding The GirlsBike2
opportunity. If you have any additional questions, please
feel free to phone us at
01462
434350.
1)
Is there a real need for your store?
The products that we are supplying are in high demand. The
bottom line is women are not catered for adequately by the
industry, progress in product availability is painfully
slow, everything is geared to the male, the shapes and
designs of the clothing/ gear and the majority of the
marketing too. There’s an enormous gap in the market that
GirlsBike2 is filling.
2)
What’s the competition like?
Having
done extensive research into the marketplace it is clear
that the competition is extremely limited. The main competitors
focus on providing clothes for men, and women are shortchanged
when it comes to product range and service – “you can have
any shade of black Madam”, other outlets focus on the male
market and do not stock the ranges, some even suggest GirlsBike2
to their customers.
3)
What type of person is perfect for this business?
We are very selective about the people we take on board.
Why? Because our success is directly related to your
success. Therefore we can’t afford to accept just
anyone.
For
starters you must have the following qualities, or we won’t
even consider you (please also see the list in the section
titled, ‘Who Is This Perfect For? A Typical Franchisee,
And Franchisee Profile’…
·
A passion for motorbikes,
mopeds and motorcycling
·
Someone looking to
combine their passion with a real business opportunity
·
Can provide excellent
customer service
·
Are highly motivated
·
Highly disciplined
·
Are confident
of running their own business
·
Are
able to communicate easily with others
·
Can manage a project
successfully from start to finish
And
most importantly…
·
Have
the drive, desire, and ambition to be the best!
4)
Can I really achieve a turnover in excess of £100,000
in my first year?
Yes
you can. It may sound hard to believe, but because we have
identified a gap in the market place to provide our products
you can easily reach this level.
But don’t for one minute
think that it’s a ‘walk in the park.’ You still have to
earn your money! You do have to put the effort in, but because
the demand for our products is growing fast you can really drive your business success.
Around 13,000 new women learn to ride a bike every
year, that’s a huge number of women that will need a full
set of motorbike clothes and accessories, the market continues
to grow year on year.
5)
What support structure do you have in place?
We believe that the
support structure of any Franchise organisation is one of
the most important aspects
of running a successful Franchise.
You have to know that you’ll
never be left alone ‘to get on with it.’ Of course our training
is so detailed you won’t need constant supervision, but
you will need help from time to time.
That’s why we have a structure
in place that ensures your success…
Franchisees are supported
by their Franchise Manager and by the Franchisors
Julie & Claire.
We
guarantee you’ll never feel alone. You’ll never have
to worry about anything. You’ll be comforted in the knowledge
that we place huge value on supporting you and all our other
Franchisees.
6)
How does your training and systems compare to other
Franchise organisations?
We are
experts in this industry. We know it inside out. Our training
procedures and manuals reflect the systematic approach we
take with our
business. We believe we offer the best training
available.
With a-b-c type, step-by-step
instructions, and an attention to detail that will stagger
you, we know we can develop you into a true expert in running
a GirlsBike2 store in just 5 days flat!
We don’t accept everyone as
Franchisees, but those that qualify already have the basic
skills – we just give them the tools of our trade!
7)
How much is the Franchise fee?
The
Franchise fee increases after every training course. At
the moment it’s just £14,000 +VAT. Of course
in addition, there is the shop to fit out and your opening
stock to fund. Total initial investment in your asset including
our Franchisee fee will be around £55,000 + VAT depending
upon the part of the country you are operating in. On going
there is a monthly management service fee paid to the Franchisor,
this is set at 9% of the store turnover, net of VAT and
before other costs .
What
does the
Total investment cost include?
- 5 day residential training course
- Your own GirlsBike2
store, full shop fit, and equipment ready for you to open
for business.
- Initial stock for the store
- Central stock ordering
- Centrally agreed deals with suppliers to benefit
from bulk purchasing
- Exclusivity from competition
- Exclusive ranges
- Exclusive promotions
- Sales and Marketing support with a full programme
of activity for year one
- The opportunity to buy more than one area
- Uniforms incorporating our franchise identity
- Stationery Pack
- Your own personalised new store opening campaign
which includes…. PR release, launch open day, promotions,
direct marketing campaign, leads from local associations
training companies etc.
- On going support with the
personal involvement of Julie, Claire and Rob
8)
What are the typical working hours/week?
Retail
can mean long hours but is very rewarding. We recommend
that the stores are open from 9am to 5.30pm Tuesday to Saturday
and 11am till 5pm on Sundays.
9)
Can I open more than
one store?
Yes, once you have
a store up and running successfully, generating good turnover
and profit, you will be able to purchase another territory
and open another store, greatly increasing your earning
potential.
10)
How many
stores will you be opening?
We
are only going to open another 24 stores in the
UK, making 25 including
the Hitchin store, so be quick. We will however be expanding
into
Europe in 2007.
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