Many people who run successful nurseries think of opening more than one â€“ but how can standards be maintained when operating on several sites? And what of the costs involved? It can be an expensive business. Likewise nursery managers often think of setting up their own business but are aware of the risks involved. Franchising is one possible solution to these problems.
So what is franchising? This is where the possessor of a successful trading concept (the franchisor) expands by granting a licence to another (the franchisee). This licence entitles the franchisee to trade under the same name as the franchisor, and to take advantage of an operations package containing all the elements necessary to establish the business and run it. The franchisor provides ongoing support as necessary.
Monkey Puzzle Day Nurseries is one company that has taken this route to expansion…
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