Enterprise week. Little Kickers. - week 8

   On Tuesday 9th of November 2010 , I have had a great opportunity to hear a story of a graduate of Buckinghamshire New University. She held a lecture on the event called Little Kickers , which was one of the Enterprise Festival events. The purpose of that event was mainly to show advantages and disadvantages of being a dealer of franchised company like the Little Kickers but it also suggested that there are other ways to make a business , not only creating your own company.
    The Little Kickers is a company that provides a football coaching for kids aged 18 months to 7 years , spreaded into three age groups. They are franchised brand and they create an opportunity for people that want to become a coaches to get into the Little Kickers , buy their good name with all coaching methods , instructions , training kits and accesoriess. The company provides also legal support , coroner , policies and support on advising.
   On the other hand , they expect a payment of an initial fee and monthly fee of 10% of turnover.
That type of business is restricted to certain geogaphical areas so people may switch to classes in other areas if the time schedules are more convenient for them. If being a part of that franchised company , there is no possibility of developing new programs freely , because particular kit and programs are restricted within the Little Kickers.
   When it comes to me and how does that event influenced my career aspirations , I learned a lot. I could see that a person interested in dancing and working with kids , found a way to work in the type of business that she enjoys even though she is not dancing there. She became a football coach and found out that she likes it. It shows that people may benefit from fulfilling a function they would never thought they like.
   I have also seen that when it comes to franchise , not only Little Kickers , but also companies like BF Goodridge - tyre company , it is an easy way to make money on ready made marketing and well known brand. The only thing to do with the franchise is to make sure that it is worth to become a dealer , which means calculate. For example , if I joined my family business that is a transport , logistics and spedition company , supported by it's own trucks and trailers , service area with parking and official DAF(truck producer) serivce , I would consider to become a dealer of franchise company like mentioned BF Goodridge or Goodyear. It might have provided me a way to earn more money as in that business area tyres are really important and selled to every that kind of transport firm in big amounts depending on the number of trucks and trailers owned.
   In conclusion , that event opened my mind for franchise companies and made me aware of their presence.
I now know what to look at when it comes to franchise and what should I consider if going to be a dealer.

Bibliography:

-Primary research conducted within the attendance on the described events.