Company Background -In December 1991 our managing director Neil Eades began to examine opportunities to own his own business. Knowing that he wanted to run his own business and finding the right niche is never straightforward, and he spent many months researching market sectors, viability, underlying profitability etc. In the course of this investigation he came across a market survey which concluded that 54% of the 8,500 people interviewed thought they needed some computer training. Encouraged by this information and with the help of his son who had graduated from University, he set about devising and sourcing training materials etc. and establishing a training business. Almost two years later, in November 1993, we opened our training centre in Abingdon, a small market town in Oxfordshire, and immediately people began to buy our courses. In our first full year sales amounted to almost £30,000 and in the second year, sales doubled to just under £60,000. The gross margins are very high. Cash flow is positive. Private individuals pay in advance and inventory is almost non-existent. The Franchise -We now have some fifteen franchisees trading successfully. You too can share in the success of a proven business. Our concept is straightforward and easy to understand.
From your side you need to provide compact office space, preferably reasonably close to a town centre or, if your home is in a suitable location, you could start from there. You are required to buy your training materials from us, unless otherwise agreed in writing. For each student, you purchase a training kit which becomes the student's reference material. At current prices, the average amount spent with us per student is £370.00 as, on average, each student buys 2 courses. The average cost of our training kit is only £59 + VAT + postage and packaging, so you can see that your average profit per enrollment is around £310.00. Delivering five courses a week will achieve annual sales in the region of £93,000 at a gross margin of 83%. Potential Income
Franchise investment =
£18,500 + VAT We have a simple non-confrontational method of attracting enquiries to achieve the above figures. Benefits For The Student -The training kit includes a validation test for the student. This is returned to us for marketing and, if successful, a diploma is issued recognising the student's ability. According to our records, more than 80% pass at the first attempt, indicating that our training methods work. Successful completion of a course can lead towards a Microsoft Certification. And as you probably know Microsoft Diplomas are becoming a benchmark qualification. I.T. training is part of the Government's thrust towards people improving their skills. So much so, that most individuals can receive a contribution of £150 to the cost of their training. Research into our student base indicates that there are six reasons that people attend our training centre:
People in your location must have the same need - as do employers. Approximately 50% of our business comes from the corporate market. Why not join us and, by helping them, help yourself to a sound business. Areas Available......
To Find Out More ..To find out more about the opportunities available with Best Training please contact us on: 01235 559000
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