Franchise Spotlight: Events
Are you looking for a franchise that will give you the chance to work from different locations with no day the same? Try events!
The events industry is one that covers a wide range of services. Businesses in this sector can do wedding events, conferences, parties and much more. Due to this, there are a lot of franchise opportunities with diverse business models.
A lot of teams running events in Canada work with 5 or fewer people this means this is a great industry for small businesses.
Events industry analysis
The Pandemic made a significant change to the events industry. Some businesses learnt to offer online events and others managed to shift their events to conform to socially distanced regulations. Pandemic or no, though, the industry requires a lot of creativity and will suit someone who is able to think on their feet.
It is also an industry that will always have a place as there will always be weddings, graduations and parties. If you are looking to jump into an industry that has no day the same and will always keep you on your toes, an events franchise is a great opportunity for you.
While there are certain traits that are conducive to someone running an events industry, you do not necessarily require experience in it. Franchisors are looking for someone who is great with people and organized. You will then be able to learn from the experience of the franchisor. It can be a great advantage to be a franchisee when going into this sector as it really benefits from well-oiled systems, good contacts with suppliers and a recognized brand name. Becoming a franchisee will give you all of these things.
An established brand name will allow you to bring in loyal customers and establish trust between you and your customers immediately. This can be extremely important in times of economic downturns.