How To Open A Gym, Boxing, Fitness Franchise As A Franchisee



Insights from an expert in franchising: CEO and founder of CKO Kickboxing – a gym franchise with 80+ locations.


What you will learn

See whether you are more suited to be independent or be a part of a bigger franchise

Learn about the biggest misconceptions new entrepreneurs have when opening a franchise

Learn from a seasoned expert about what’s important and what it takes to succeed as a franchisee

Learn how to raise money to open your franchise

Description

Learn how to become a franchisee from someone who created a successful franchise which grew to 80+ locations, and helped those 80+ franchisees get started.

In this course, Joseph Andrula, CEO of CKO Kickboxing shares his valuable insights on how to choose a location, how much money you need to start a franchise, and much more.

This course focuses mostly on how to start a fitness franchise or a gym franchise, but most of the knowledge in this course can be used to open any kind of a franchise.

BENEFITS OF STARTING A BUSINESS AS A FRANCHISEE

When you buy into a franchise system, you get marketing help, branding help, help choosing an ideal space for your business, negotiating your lease, and much more.


Most entrepreneurs aren’t expert marketers, have never chosen a location before, and have never negotiated their lease. So buying into a franchise can be immensely helpful because you also get the mentoring from the franchise. The franchise system will be on your side, and will want you to succeed, so you’ll always have mentors and help that you wouldn’t otherwise have.

ADDITIONAL SECTION ON FUNDRAISING

Since it can be quite expensive to open a franchise location, the second part of this course focuses on how to raise money from a number of different sources, so you can combine a number of strategies to raise money in order to eventually come up with the funds you need.

Invest in your future! Enroll today!

English
language

Content

Introduction and welcome

Introduction and welcome

Basic things to understand about yourself as a business owner

What kind of person typically succeeds as an entrepreneur
How to know if you would make a good franchisee
What to expect from a franchise in what the franchise helps with
How the franchisee should choose a location and how the franchise helps
How long it might take to open a franchise location

Opening a business as a franchisee

Costs of opening as a franchisee
Additional fundraising ideas to fund a franchise
Should your business should be an LLC or a different business entity
Review the franchise disclosure document, also known as the FDD

Your passion

How to maintain your passion for the business
A common error while franchising
Discussion of a famous business book to reinforce these points

Delegation and hiring

How to think about delegation and hiring as a small business owner

Fundraising to start a business

Section introduction – fundraising ideas to start your business
How much money you need to raise so you can choose appropriate fundraising ways
Fundraising strategy with loans: Risky but possible & here is how
Fundraising strategy 2: Many entrepreneurs ask about this, but find it difficult
Resources and websites to supplement previous lecture (grants)
Fundraising strategy 3: Raising money from investors
Fundraising strategy 4: Donations via crowdfunding
Fundraising strategies 5 and 6: Generate money from your company’s revenue
Fundraising strategy 7, 8, 9: Events/workshops, educational products & work
Fundraising strategy 10: Lead-gen ideas that can earn you revenue & get clients

Conclusion

Additional content


Insights from an expert in franchising: CEO and founder of CKO Kickboxing – a gym franchise with 80+ locations.

What you will learn

See whether you are more suited to be independent or be a part of a bigger franchise

Learn about the biggest misconceptions new entrepreneurs have when opening a franchise

Learn from a seasoned expert about what’s important and what it takes to succeed as a franchisee

Learn how to raise money to open your franchise

Description


Learn how to become a franchisee from someone who created a successful franchise which grew to 80+ locations, and helped those 80+ franchisees get started.

In this course, Joseph Andrula, CEO of CKO Kickboxing shares his valuable insights on how to choose a location, how much money you need to start a franchise, and much more.

This course focuses mostly on how to start a fitness franchise or a gym franchise, but most of the knowledge in this course can be used to open any kind of a franchise.

BENEFITS OF STARTING A BUSINESS AS A FRANCHISEE

When you buy into a franchise system, you get marketing help, branding help, help choosing an ideal space for your business, negotiating your lease, and much more.


Most entrepreneurs aren’t expert marketers, have never chosen a location before, and have never negotiated their lease. So buying into a franchise can be immensely helpful because you also get the mentoring from the franchise. The franchise system will be on your side, and will want you to succeed, so you’ll always have mentors and help that you wouldn’t otherwise have.

ADDITIONAL SECTION ON FUNDRAISING

Since it can be quite expensive to open a franchise location, the second part of this course focuses on how to raise money from a number of different sources, so you can combine a number of strategies to raise money in order to eventually come up with the funds you need.

Invest in your future! Enroll today!

English
language

Content

Introduction and welcome

Introduction and welcome

Basic things to understand about yourself as a business owner

What kind of person typically succeeds as an entrepreneur
How to know if you would make a good franchisee
What to expect from a franchise in what the franchise helps with
How the franchisee should choose a location and how the franchise helps
How long it might take to open a franchise location

Opening a business as a franchisee

Costs of opening as a franchisee
Additional fundraising ideas to fund a franchise
Should your business should be an LLC or a different business entity
Review the franchise disclosure document, also known as the FDD

Your passion

How to maintain your passion for the business
A common error while franchising
Discussion of a famous business book to reinforce these points

Delegation and hiring

How to think about delegation and hiring as a small business owner

Fundraising to start a business

Section introduction – fundraising ideas to start your business
How much money you need to raise so you can choose appropriate fundraising ways
Fundraising strategy with loans: Risky but possible & here is how
Fundraising strategy 2: Many entrepreneurs ask about this, but find it difficult
Resources and websites to supplement previous lecture (grants)
Fundraising strategy 3: Raising money from investors
Fundraising strategy 4: Donations via crowdfunding
Fundraising strategies 5 and 6: Generate money from your company’s revenue
Fundraising strategy 7, 8, 9: Events/workshops, educational products & work
Fundraising strategy 10: Lead-gen ideas that can earn you revenue & get clients

Conclusion

Additional content

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