Many young entrepreneurs are seeing franchising as a route into business and are utilising the franchise business model as a low risk way to run their own business and carve out a career for themselves.
A new report from the bfa has revealed that
• 18% of all franchisees are now under 30, more than ever before
• In the past two years, 27% of all new franchisees have been under the age of 30
Here at The Travel Franchise, almost 7%* of our franchisees are 29 and under and we fully expect this figure to increase in the coming months as we are receiving more and more enquiries from prospective franchisees who are under the age of 30.
One of our younger franchisees that has really made an impact is Frazer Webley. At the time of joining, Frazer was 19 years old, and after reviewing the packages available he purchased the Elite package (our most popular package).
“When joining Not Just Travel/The Travel Franchise, I was aware that most of the other franchisees would be older than me, but that didn't put me off as I still believed I could run my own business. I was very excited and eager to start as I've wanted my own business since I can remember, and this was my opportunity.
For the first few months it was a bit of a struggle as my friends and most of the people I know are either at University, doing an apprenticeship or had a part time job - meaning they weren't really in the position to be booking holidays for themselves. I realised quite quickly that I'd have to source my customers from elsewhere as just trying to target everyone I know wasn't going to be very effective.
I spent a while figuring out what would and wouldn't work for me when finding customers, there was a lot trial and error involved.
Eventually I found ways that work for me. I think that being young and starting my own business came with hurdles that others may not have, however I also believe that there are many advantages to being young in this business and I used certain ways to target customers that might not suit others.”
Frazer's story clearly demonstrates that age truly is just a number when it comes to achieving success with The Travel Franchise.
If you are ambitious and want to reach for the stars, then regardless of whether you are 25 or 65, why not consider running your own travel business behind our multi award-winning brand The Travel Franchise.
There are many different franchise options available and we do offer financing too so why not give us a call on 0800 084 8128 to discuss your options.
Don’t forget our prices go up on Monday 1st July – so you don’t have long to take advantage of acquiring a franchise at the lower price. Watch our 12 minute video to find out why you should take advantage of being part of a multi award-winning travel brand like The Travel Franchise.
*based on a recent survey of a selection of our franchisees