What Does COVID-Ready Mean For A Franchise?
The COVID-19 pandemic has changed the world of business. A variety of sectors were affected by COVID-19 but, as we’re starting to see an end to restrictions, it’s clear which franchise businesses have adapted their models in response. We refer to the franchises that have done this as COVID-ready. On this page, you’ll see a range of franchise opportunities from various sectors that we deem to be COVID-ready.
Why Choose a COVID-Ready Franchise?
With the uncertainty that the pandemic brought to the world, it’s unsurprising that many of us will look to invest in a franchise that is COVID-ready. Many of these franchise businesses will have been deemed as ‘essential’ services when much of the world was halted by the spread of infection, meaning that they will have continued operating despite the pandemic. This is a great reason to pursue one of these franchises as they will be used to working while complying with COVID restrictions and guidelines. It also means that they will have suffered less of a financial loss than other businesses that were unable to trade during the height of the pandemic.
There are many sectors and areas of business that are still plagued by the uncertainty caused by COVID. However, this also brings a few benefits that could help you as a franchisee. Lending is cheaper and landlords are more open to making deals - this means that expanding a franchise business could be easier than you thought in a world that is almost post-COVID. It’s always important to look at your personal strengths when choosing a franchise to buy as you need to have the relevant knowledge to take your franchise further. Never neglect the importance of your own set of unique skills, despite the presence of COVID.
Various industries went through a testing phase during lockdowns, but some were more profitable than others. Being confined to wherever you live meant that we could only get certain things via delivery or courier service - this is a good example of a type of franchise that is stronger in the post-lockdown world as many people continue to use these services.
Cleaning franchises have always found success, but with the extra pressure put on businesses to be clean and improve their cleaning procedures, they experienced an even busier period during lockdowns. It wasn’t only big businesses that felt the need to clean, it was private homeowners too. Lockdown was a chance to give attention to the little things you didn’t have time for previously. For example, franchises such as Oven Wizards and Wilkins Chimney Sweeps were still able to operate and provide their services to households who might not have had the chance to call on them before the extra time at home given to them by lockdowns.