The Security Franchise - Franchise Association South Africa

Organisation: The Security Franchise - Franchise Association South Africa

Franchise category: Professional Services

Products / services: Professional Services

Startup cost: 252,000.00

Franchise fee: R50,000.00

Estimated investment: 402,000

Working capital: R100,000

Training: The Franchisor undertakes to provide the Franchisee with the initial hands-on training of four weeks, to enable the Franchisee to meet any requirements set by this Agreement, Operations Manual or any related documentation. Further 11 Months of training to complete the one year of full onboarding will be offered. The Franchisee will be responsible for payment of any travel, accommodation, or other expenses to attend the training.

Eligibility: The Security Franchise is particularly interested in people who poses some or all the following attributes:
A person with at least fifteen years’ experience in physical security and with at least ten of those years in a senior supervisory, site management or management experience. The Franchisee will have had at least five years’ experience in either area management or business management experience. A people’s person who can work with people and have a pleasant, positive and a caring nature;
He or she must have excellent selling skills; experience in direct selling is preferable but not a must;
Communication skills: This is one characteristic that any franchisee must possess. This means they must be able to deal with people in a positive way. A good franchisee is one who enjoys spending time with people. Remember, if one treats their staff and customers with trust and respect, then they will remain loyal to them. Hence, it is must for a franchisee to treat their customers and staff well which will ultimately add to the popularity of a business;
Hard working: Running a franchise is not easy; it takes hard work to make it successful. For new franchises to be successful, a franchisee must be unafraid of hard work and happy to put in the hours required to get the job done;
Positive attitude: A potential franchisee must have a positive attitude towards the business A franchisee must have a good attitude towards work and show that they can work alongside their employees, whether it is in the office or out in the field. They must even be willing to look for ways to make the brand more popular and suggest frequent changes for the betterment of the business. In another word, a franchisee must be self-motivated to act and follow the successes of others. A self-motivated and organised person who wants to succeed and be prepared to work as part of a team;
The term to “be a good leader, you also must be a good follower” is indeed true in franchising. Customers preferring franchised businesses are generally there because they know what to expect. A franchise system then rests upon the consistency of the products or services it offers. Deviate from this and you have taken out the foundation of this business system. Therefore, franchisors look for people who can lead and at the same time follow the business system in place.
As there is always the chance of a franchise failing, we are looking for people who cannot just follow the system but can get going when the going gets tough. Of course, getting a franchise also has its risks as with other business systems. What The Security Franchise likes people who can handle the risk and work hard to make their franchise a success.
Financially and ethically sound person who treats customers, suppliers and the support office with integrity; and
Have approximately 50 percent of total set-up costs available in cash.
Working capital which will include 3 months personal living expenses and 3 months business expenses while the Franchise outlet is being established.
Once a Franchisee meets the above requirements, the following is the most important factor in Franchisee selection and is simply not negotiable under any circumstances: Each is owner run and managed and therefore we will not sell a franchise to a Franchisee who is going to have someone manage and run the business on their behalf.

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