It’s an exciting time for businesses. New technology makes it easier for franchisors and franchisees to share knowledge and resources, opening doors and opportunities that didn’t exist before.
Embracing new technology has contributed greatly to the success of F45 Training (both in terms of our franchise model and workout systems). We’re also big fans of learning from our past successes, and we actively seek to grow as a network. That being said, here are some solid and time-proven do’s and don’ts that we believe all franchisees should keep in mind:
DO – Take advantage of all the resources you have available to you. For example, all of our F45 franchise owners have access to business support, online resources and marketing material that has been designed and developed to keep you ahead of the pack and your business growing. By utilizing this support and keeping in touch with us and your fellow franchisees, you will quickly learn the best mix and approach for your business.
DON’T – Try to do everything yourself. Franchise owners tend to be entrepreneurial self-starters, meaning they often take too much on and may end up spreading themselves too thin. While it’s always a good idea to know how all the different parts of your business work and play an active role in the day-to-day operations, it’s equally as important to lean on your team for help. You should have a trustworthy team available and willing to learn from you. If you can create a team that will help you achieve your goal, you’ll see the results in your bottom line and reduce your stress while doing so.
DO – Make sure your business and F45 Training are headed in the same direction. F45 is one of the world’s fastest-growing fitness networks for a number of reasons, including the brand loyalty we have from our members (dubbed our ‘F45 Family’). A large part of the success of F45, or any franchise, lies in its ability to recreate a successful and loved customer experience. It’s vital that your business objectives and values align with the company’s and that the two work together to grow both the F45 brand and your studio.
DON’T – Ignore the franchise business model. Just like our expertly-designed workouts have been proven to get results, our scalable franchise system has been crafted to give your business every possible advantage.
DO – Give us constant feedback. We’re always looking to improve and your continuous input on what works for you (and what doesn’t) will enable us to keep evolving and growing. We encourage you to mention even the smallest bits of information to us, as it might be significant to another studio or business. For us, there is no such thing as over-communicating and we love to keep in contact with our franchise owners.
DON’T – Forget to bring your own energy to the party. Each and every F45 franchisee has been carefully chosen for what they add to the F45 family. We know that you’re amazing, and your business should reflect yourself and your passion for changing lives. We’re here to partner with you while you do it.
This could be a life changing opportunity.