The first Jo Jingles classes started in 1991 and were so successful they led to the launch of the Jo Jingles franchise in 1995. The company is now well established as the leading provider of structured and interactive music and movement classes with an educational slant for pre-school music classes for children aged 6 months - 5 years. Classes are also available for children aged up to 7 and 8 years in some areas.
Jo Jingles provides fun music, singing and movement classes for babies and young children. With the help of the Jo Jingles doll, trained and experienced presenters run the UK's most popular music and movement experience.
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For more information on owning a Jo Jingles franchise, please visit the official Jo Jingles website here.
Franchising Tips and Facts
Jo Jingles franchises offer the franchisee a license or right to sell its goods or services and/or use its business techniques. The franchisees usually pay an initial fee to acquire this right, and thereafter pay a percentage of their gross sales to the franchisor throughout the term of their franchise contract. In return for these payments, Jo Jingles franchisees gain priveleges, including the right to sell a proven and recognized product or service, to use the franchisor's business practices, and to receive initial training and ongoing support.
When considering a Jo Jingles franchise, try to understand why they are offering you the business in the first place. Very often, franchising is an extremely quick low-risk method of expanding a successful business across the world. As a franchisee, you take on the majority of financial risk. In return the franchisor is offering a successful business formula that has been proven to work. But before you go ahead, ask yourself whether the support, training, stock, experience and brand name justifies the investment asked.
In addition to the initial investment required for a Jo Jingles Franchise, you will also need money to sustain yourself, and the business, until it becomes cash positive. Remember, too, that projections may not be accurate. Market conditions can change and if it takes longer than originally anticipated for the new business to reach breakeven, you'd should have some emergency funds set aside, or it could mean the demise of an inherently sound business.
Although the success rate for franchise-owned business is generally better than the success rate for many independent businesses, there is no franchise formula to guarantee victory. The same may also be said of the profits generated. Often the margins you make are a reflection of your ability to properly run your franchise, however you may be able to get a document from the franchisor that illustrates the typical franchise earnings. If the franchisor does not provide such a document, you should contact a number of franchisees in the market you are interested in and seek their advice on the business' profitability.
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