What is the purpose of a Bartercard Area Franchise?
The purpose of a Bartercard Area Franchise is to present to targeted business owners the Bartercard business solution and then on the successful qualification of their business needs and their suitability to Bartercard sign them as a member. Once the sales team enrols the business owner into Bartercard, the new member is passed onto an account manager who will be responsible for servicing the member ongoing. The Sales teams relationship with the new member would be to stay in regular contact to work together to attract other businesses the member would like to trade with.
Training and establishment fee:
A initial training and establishment fee (Cash and Trade blends are available) is required – from £2,500 depending on the franchise area size agreement.
The Bartercard Area Franchisee must cover all running expenses including: motor vehicle lease, repairs, petrol, tolls and parking, mobile phone charges, iPad or equivalent presentation tablet plus any travel and accommodation if needed.
A £500 license fee is payable every month by the franchisee for the entire term of the franchise agreement.
Sometime a deferred payment option maybe available.
Bartercard do not grant an exclusivity postcode area to a Bartercard franchisee. However you will also be allocated a defined marketing territory or upon negotiation access to other postal code areas as a clearly defined marketing territory. The nature of the marketing areas and the options of special franchise relationships will be determined in direct consultation with Bartercard UK
During the first stage of recruitment Bartercard will provide you with a general information pack. If you wish to proceed further you will need to simply fill out the Bartercard franchisee application form and forward it to the address provided.
Bartercard will review your application and initiate phone contact, with the view to discuss mutual suitability. If both parties wish to proceed to the next stage then a face to face meeting will be arranged to discuss the opportunity in more detail and provide any relevant documentation.
Once all terms have been agreed upon and both parties are happy to further proceed then franchise documents will be provided to be signed. You will be provided with adequate time to speak to independent advisors.
On the completion and receipt of relevant documentation, the establishment fee will be payable prior to initial training commencing.
During your initial training a Head Office representative will be in contact with you weekly to check on your progress and provide you with further explanation, and trouble shoot where necessary. A national sales resource will also be available to receive calls from you if you need help or to discuss issues.
A monthly meeting will be held to discuss activities and provide communication updates and training.
Monthly and annual competitions will be run to stimulate activity and to provide some competitive reward and fun. The National Trading or Sales Manager will also be able to provide one on one time.
Each Franchisee will be required to enter into Bartercard’s custom CRM systems all notes, appointments and presentations and manage through to completion. There will also be the requirement to complete a various reports.
Bartercard is a sales driven business therefore the ideal candidate would have experience running a business, general business acumen plus sales and sales management experience.
Good interpersonal skills are essential as well as being a good communicator. Having a great attitude plus being motivated by achievement and money are ideal. Finally being a creative thinker and having the ability to build rapport easily are traits which will ensure success.