When shopping around for franchise opportunities builders can sometimes forget that they may not be the right fit for the franchisor. While they get caught up in the excitement of searching for new opportunities, people can look passed the fact the franchisor is looking for a particular kind of person rather than someone who is just really interested.
If you’re looking to join a franchise you need to be prepared to answer as many questions as you intend to ask. Be prepared with information about yourself, your experience and your history, both the franchisee and franchisor must be right for each other.
What does Hotondo Homes look for in a franchisee:
When looking for new builders to join the franchise, Hotondo Homes will always seek builders who are passionate about what they do. Passion will take you a long way regardless of what job you’re in and will help ensure you put 100% into every home you build. Drive is another factor highly desired by the Hotondo team – how much do you want it? How goal-orientated are you? Do you have the desire to achieve your goals and build a successful business? These qualities, amongst many others, are the first sign a builder can become the perfect franchise owner.
- Experience and qualifications
Hotondo Homes franchise owners must have a Builder’s Licence – there is no exception to this rule. Of course, if you are in a partnership then only one partner will require this given they are completing the building works. In addition to the certification, Hotondo Homes will always look for strong experience in the industry. While residential is ideal commercial building also enables a smooth transition into the housing market. With a solid understanding and experience in building, you could be well underway to becoming the newest Hotondo Homes builder.
It is no secret that you will be required to purchase a franchise, which is not exactly the cheapest purchase you will make. While different territories will vary in price, it is important for the franchisor to know a potential franchisee has the resources to join the team and get started without a financial strain weighing you down.
- Business sense
Joining a franchise will require you to manage your business, create business plans, manage a team and of course, drive your business to success. While Hotondo Homes offers ongoing support and training throughout the course of the partnership, business owners will undoubtedly require strong business ethics and sense to help drive the growth of each franchise.
- Understanding of franchising
Finally, and possibly one of the most vital factors. Potential franchisees need to develop a strong understanding of franchising. When joining a franchise, there are a number of policies, processes and procedures that have been developed to assist business owners in growing their individual franchise as well as protecting the overall brand, its values and reputation. Potential franchisees must take the time to understand their franchise agreement and the policies they will be required to adhere to before joining the franchise. If you are not satisfied with what is on offer, franchising may not be the best option for you.
If you’re considering joining Hotondo Homes, visit ‘the right fit’ to learn more about what we look for in a franchisee. Alternatively, you can contact our team by calling 1800 677 156.