Regardless of the industry you’re looking to embark into, more often than not you’ll be invited to an event often called a Discovery Day. This is a key step in many companies’ steps to ownership and proves to be a valuable use of time for all of those involved. It is usually hosted at the corporate office of a franchise company.
Not only does it give potential franchisees the chance to meet everyone they will be working with if they move forward with a location, but it also gives them the owner to learn more about the franchise, daily operations, and benefits by asking questions.
What Questions Should I Ask During Discovery Day?
Once you get invited to your Discovery Day, you’ll be overwhelmed with joy and one step closer to owning a new business. To make the most out of Benjamin Franklin Plumbing’s Discovery Day, as well as any other Discovery Day you may attend, we broke down who’ll you’ll get acquainted with at your event and what questions you should consider asking to get the conversation going.
The Franchise Support Team
The main focus around Discovery Day is discovering the bountiful resources you get access to when you join forces with a specific franchise. One of these resources, which can truly help your business soar to new heights you never thought were possible, is the franchise support team.
At Benjamin Franklin’s Discovery Day, our team will be there, excited to finally meet you in person! This gives you a chance to meet and get to know the support team that will be behind your new business’s operations. As part of the Authority Brands family, the business support you will receive from us is backed by a time-tested system that helps franchisees capture their dreams.
Some of the questions you may want to consider asking include:
- What are the current long-term plans for this franchise?
- Does this franchise support multi-unit ownership as well?
- How would your leadership rank among your competitors?
- How many streams of revenue are available?
If you’re a current business owner in that market, there will probably be a couple more questions you’ll want to ask about converting your business. This could include ownership guidelines, the ability to grow, as well as asking for conversion success stories.
Current Franchise Owners
Currently, Benjamin Franklin has nearly 100 franchisees operating in more than 250 locations across the United States. During your discovery day, you’ll be able to connect with some real-life Benjamin Franklin Plumbing location owners that have been in your exact position before. Not only should you come ready with a friendly smile to explore this network, but you should also be prepared with thoughtful questions.
Some of these questions may include questions like:
- What does your day-to-day schedule look like? How about weekly?
- What are the most rewarding components of the job?
- Are you able to live the life you want to live?
- Why did you pick this franchise over the others?
When in doubt, be sure to put your best foot forward and ask questions you truly would like the answer to. We believe that the most beneficial discovery days happen when our potential owners are prepared with questions. Whether you ask any of these questions or simply use this to get the ball rolling, we’re excited to have open dialogue and provide you with any information you need – and maybe make a few useful connections along the way.
We Have a Question for You – Shouldn’t We Be Talking?
When you come to a Benjamin Franklin Plumbing Discovery Day, you’ll be able to find your next business investment. Whether you’re looking to start your own plumbing business to take advantage of the growing market or looking to convert your existing one to secure success, our team is dedicated to helping you experience all of the benefits of being a Benjamin Franklin Plumbing location.
Ready to learn more? Give our team a call at (855) 880-4024 or contact us online to explore all we have to offer.