Travel Franchises in Lancaster

Travel & Leisure Franchises - The Gateway To Your New Career?

Travel franchises enable you to be your own boss while running your own business in the travel sector. As the population grows, so does the demand for holidays and leisure related activities. You won't necessarily be running a travel business from a shop with these types of franchises. Many travel businesses are online based now, thanks to the rise of people looking to book holidays on the web, making travel franchises a diverse franchise sector.

What Are Travel Franchises?

A travel franchise is a business which has been successfully replicated as a business format franchise, which deals in travel related activities. As a result, this makes the sector mainly B2C, but there could be some elements of B2B franchising involved.

Investing in a travel franchise is generally a safer option for running your own business. Franchises are established by the franchisor (the owner of the IP) and using a proven business format, are replicated for others to run under that brand name. Thanks to the power of the brand name, the more franchisees a company has, the wider the brand recognition which can have a positive effect on the success.

Unlike starting up a travel franchise alone, buying a travel franchise means you've got group marketing power, a proven brand, and support from the franchisor/head office. You'll receive initial training too, which makes running your own travel business much safer, because the franchisor (and however many franchisees) have been there and done that.

Advantages of Travel Franchises

Despite the name, you probably won't be travelling as part of your franchisee responsibilities. However if the franchise can be run from home, there's nothing stopping you from travelling - if all you need is a laptop and a phone, there's nothing stopping you from doing just that!

Many franchises that can be run from home have low overhead costs. This means that once the license fee and any initial costs are paid off, you'll only have the monthly management fees and equipment running costs to worry about. This is cheaper than owning/running a van in a van based franchise, or staff / rental costs for say, a coffee shop. There are many other advantages of home based franchises, and many do apply to travel franchises.

Another advantage of travel franchises is you'll be getting paid to plan great holidays for people. You'll rest easy knowing that you're setting up fantastic holidays for your community and delivering fantastic customer service.

Should You Consider a Travel Business Opportunity?

There are many big name travel businesses out there. Many are available a franchises. How much it costs to invest in a travel franchise will vary considerably. Although the upfront investment for franchises is seen by many as an expense, it should be considered as an investment instead.

While some travel franchises can cost up to £200K for a full shop fit out, others are home based and can be run for considerably less. The cost will usually be relative to the franchise package that you'll be receiving as part of the investment. With any franchise, the franchisor will want you to be successful, so a big training and support package may make up a decent chunk of your investment. So some franchises may well be expensive at first, but if you're determined to make the business work, you'll make that investment back (known as breaking even).

Travel Franchises & Business Opportunities - What's Available?

Travel is an incredibly diverse sector. Ranging from package holidays to cruises and local breaks. If you're looking to buy a travel business, franchising is a great choice. You won't necessarily need any previous travel agent experience, as full training is given.

Home based travel businesses have the lowest overheads, as well as minimal investment. Starting up a new travel business in your area via franchising is a great way to self employment as you will enjoy the fact that you've got a business of your own. However if you've already got travel or business ownership expreience, and are looking to jump head first into franchising, a travel franchise resale could be a good choice. A travel franchise resale is an existing franchised territory available for sale. The investment will be greater as the business is already established. However the benefits are an already-established presence within the community and customer base.

Browse UK Travel Franchises at Franchise Planet

If you're looking to run your own travel business, explore travel franchises for sale at Franchise Planet. With many banks actively involved with franchising, its now easier than ever to secure funding should you need it.

Could you be a travel business owner this time next year?