Franchising is attracting many people with the dream of opening their own business, but you need to be careful before investing in an automotive franchise.
After all, with a market that grows every year, it's not enough to jump on the bandwagon, you need to make a very well-informed choice.
Therefore, in this article you will find all the necessary precautions before investing in an automotive franchise and increase your chances of success! Keep reading and check it out!
The advantages of the franchise model for the entrepreneur
The franchise model offers numerous advantages to the entrepreneur. First, opening your own business is very risky, as it is not possible to know whether your brand will reach the public and be profitable.
Secondly, the entrepreneur will not be alone. Here in Strike Brasil, our franchisees They have exclusive training and support for sales, marketing, after-sales and much more.
In this sense, when investing in an automotive franchise Strike Brasil, you will have the advantages of:
- Consolidated and validated business model
- Established reputable brand
- Professional management support
- Highest quality products and services, supported by European engineering expertise
- Heavy investment in marketing
- Different franchise models to meet your needs
- Strategic vision for the future
- Products with private label for resale
- Safer investment and total transparency from the first contact
- Campaign STK Official Truck, a true magnet of customers for our units
What is the ideal profile for a franchisee
First of all, you need to go through a moment of self-knowledge before investing in an automotive franchise. Franchises offer great potential for success, but you need to identify with the business model, the brand and the market.
Therefore, capital and the desire to undertake are not enough, you need to be a person passionate about the automotive sector. A satisfactory relationship between franchisee and franchisor is also essential. Before investing in an automotive franchise, therefore, make sure you have “chemistry” with the market and the franchisor.
Care before investing in an automotive franchise
Analyze your investment capacity and available time to dedicate
Firstly, check if you have the investment capacity, as you need to pay certain amounts from the first day, which vary depending on the model chosen.
Ideally, you should be 100% dedicated to the franchise. If this is not possible, the best alternative is to rely on an operating partner. This way, the chances of success are much greater!
After all, just because you will have everything “ready” does not mean there is no effort required for the success of the venture. So, think about whether you are ready for this commitment.
As for investment, there are several options that the franchisor offers. At Strike Brasil, you will find options for all needs and budgets:
- Authorized (from R$110 thousand): mobile unit to serve your city and region, offering our entire exclusive portfolio of products and services;
- Express (from R$ 150 thousand): physical store linked to your existing business, exclusively in the city and region;
- Full (from R$ 170 thousand): complete store in standards Strike Brasil, covering 100% of our portfolio.
Learn more about our franchise models and find the ideal solution for you!
Evaluate whether the franchisor is trustworthy before investing in an automotive franchise
Before closing a deal, ask the franchisor to recommend network partners so you can talk. This way, you will be able to better understand the operation and ask more specific questions that are important to you.
Also research the public’s opinion about the brand. Is it a company admired by the market or is it always involved in controversies? Is the franchisor transparent? Does she respond quickly to her franchisees?
Choosing a reliable and well-structured franchise is essential to avoid future headaches.
Research the market and franchise performance
You need to deeply understand the market you intend to invest in. This means understanding how the market works, who the players, suppliers, the franchisor's competitors are, who the consumers are, among others.
While it is crucial to evaluate the performance of the franchise in question. To do so, the franchisor needs to provide such data and, using it, compare it with market performance.
Choose franchises that are growing, with healthy growth, without legal and tax problems and with good resistance to crises.
For example, in the middle of the pandemic, the Strike Brasil grew 72% in the number of remaps carried out in 2021. Our online store doubled in size, growing 104% in the period! In addition to the number of franchises, which grew 33% in 2021!
These are impressive numbers, especially in automotive market. This just shows the strength of our business model and the brand we have built.
Create a well-detailed financial viability plan
Finally, before investing in an automotive franchise, make a very detailed financial viability plan. Make sure that the company will have enough resources to be able to stand on its own two feet and be able to invest in its growth.
Being able to observe all these points before investing in an automotive franchise is essential. Therefore, choosing the franchisor is essential, because if it is not trustworthy, it is not transparent and, in the first conversations, it already shows disorganization, it is a bad sign.
It is no surprise that anyone who wants to invest in an automotive franchise chooses the Strike Brasil! We are the biggest reference in automotive performance in Latin America, growing by leaps and bounds every year and with a robust franchise structure to offer each franchisee the exclusive support and service that only STK offers!
Are you going to miss this opportunity? Register today and talk to our consultants, discover how to change your life for the better!
