What Type of Franchise Do We Operate?

Franchising began in the United States early last century. Large companies like Coca Cola, General Motors and Ford began distributing their goods and services through independent local business owners. Franchising has never looked back and today franchising exists and is growing strongly in virtually every country in the world.

Franchised businesses are proving to have a high overall success rate, even in tough economic times. While it is estimated that up to 80% of all new businesses fail, established franchised businesses have a 80% success rate. Why?

Franchise owners are able to take advantage of the successful, proven track record and methods of doing business that the franchise company has developed.

Franchise formats vary from the very loose licence approach where the franchisor provides the ‘product’ and it is up to the franchisee to work out how to sell it to the very formalised standardised approach where the franchisee works within a predefined framework that covers every aspect of the business. The latter approach is known as ‘full business format’ and is typified by the attributes of commitment, consistency and conformity.

Stretch-n-Grow is a full business format franchise where all franchisees must work within pre-designed and tested programmes and procedures and guidelines. In this way we strive to consistently deliver the very best possible programmes to our customers – the children of New Zealand - and to the future of our country.