MBE Franchise FAQs
Frequently Asked Questions – Franchising
MBE Franchise FAQs
Franchising is good for all parties concerned. For you, the franchisee, it lets you be your own independent boss while still having the support and expertise of a huge global network to call on.
For us, the franchisor, it’s a great way of growing quickly while remaining stable, harnessing the great entrepreneurial drive of our franchisees while spreading our best-in-class processes.
This is the technical name for the contract between the two types of legal entities (the franchisee and franchisor, you and us) which make up a franchise system.
The franchisor gives the franchisee the right to use branding, trademarks, processes, logos and technical assistance and commercial advice in exchange for a fee. The franchisee becomes part of a network of affiliates in various territories around the world.
In MBE’s case, that’s a network of several thousand entrepreneurs in more than 40 countries.
After you have signed a franchise agreement, you become a franchisee. A franchise is a legal entity which is part of a network, but legally and financially independent.
Starting any business requires some sort of funding or capital, but it doesn’t need to be investment capital.
Entrepreneurs on the MBE network have gained the funding they need privately, via loans, grants and subsidies as well as through other methods.
We have framework agreements with various banks and financial institutions which we can use on your behalf to get any applications you make the attention they deserve.
Yes. The training we provide is one of the key reasons MBE franchisees choose us and succeed through doing so.
Your initial training will include four weeks of classroom, in-store and field training. The focus will be on business development as well as key aspects of business operation.
Ongoing training sessions will then further develop your knowledge, skills and abilities. These are delivered in-Centre, in classrooms, in workshops and elsewhere by external experts, in-house specialists and numerous regional managers and high-performing franchisees who will share their experience with you.
Yes. We’ve already helped thousands of entrepreneurs open their MBE Centres. We know what works when it comes to layout, interior decoration, fixtures and more.
We have set standards which you’ll need to abide by – because this is the way which our lengthy experience has shown us works best.
The net result for you is a greatly expedited set up time, far less hard work and minimised opening costs.
Yes. Your franchise agreement will clearly define the area in which no other MBE Centres will be opened.
Yes. You may have good suggestions of your own. In addition, having helped establish thousands of Centres already, we know what to look for when it comes to an ideal location.
The services you will provide, as an MBE franchisee, will be a natural fit for the needs of hundreds of local individuals and businesses. MBE’s national-level marketing means that the MBE brand is already known worldwide.
Plus, of course, you will be bringing in more customers every time you successfully listen to a client’s challenge and provide the ideal custom solution. Not only does this create a strong, stable of loyal customers who know they can rely on you for numerous other linked services, but it also increases promotion opportunities outside the Centre.
Almost certainly, yes. With MBE Business Centres currently existing in more than 40 countries around the world, we are confident in saying that the MBE business concept can be easily adapted to any cultural or economic environment your local area might offer.
Yes. If an existing MBE Centre is for sale – for reasons of retirement, for example – then we will work with you to see if this might be a good option for you.
There’s a reason why the MBE network has spread to thousands of locations in more than 40 countries:
It works. The processes, systems and offered services have been carefully selected in order to give any new franchisee a strong start and bright future. We will help you set up, develop and grow your business. Because it’s in both of our interests to make your new business a successful one.
If you need to know more, please do not hesitate to contact any existing franchisee. We’re more than happy for them to talk to you about their experiences with us.
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