Hi, I'm looking into the option of buying into a baby sensory franchise and wondered if anyone has one and could give me some advice from their experience of what its like and what the pitfalls are etc. Any advice much appreciated thanks
I haven't had a baby sensory franchise but I have experience of something similar and I know lots of people with baby franchises. The things I would say are hard are keeping your overheads down enough to make a profit. Room hire is competitive and expensive in profitable areas plus you have to earn enough to pay your franchise fee (assuming there is one with Baby Sensory).
You have to market your business and network constantly to keep bookings coming in. Advertising etc can cost a lot and you need to have a good social media presence these days. It seems that you need to be as good at all of that as you do at teaching the classes.
On the plus side, if you get a big enough venue you can make good money teaching a big room for an hour or so. It's a nice job, you can fit it around your children or other work. Mums of small children are really keen and enthusiastic about meeting other mums so you have a really willing customer - it's not usually the kind of franchise that requires a hard sell
Most of the teachers of these things who I know have been doing it for 2-3 years and need to do other work to stay afloat. I can't think of many who are making much profit if at all though.