Frequently Asked Question for a Super Slim Franchise
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07 : FAQ


Will you supply me with a breakdown of all costs necessary to open the business?

Yes - we will send you an Excel Spreadsheet that breaks everything down and explains in detail what income and costs you should expect.


I Lost 8stone 8lbs with Super Slim
Do I have to pay a deposit or upfront payment, and if I do not proceed will I lose my deposit or any part of it?

We will ask for a deposit of £500 before we draw up the paperwork.  If you decide not to proceed half of this is refundable.


How much working capital do you think I need, and what help can you give me in estimating my projections?

The most you should need is £1,000.  However, we will supply you with a costing model spreadsheet that enables you to see the return on your investment and a weekly running balance on your working capital.


How long will it take to start trading from the time I sign the contract?

In the first month you will receive your one-to-one training, help in identifying the most suitable venues and support with your local advertising / promoting the opening of your first classes.  Therefore it is usually mid or late month two before you actually start trading.


What will training consist of and how long will it last and are all training costs included in my franchise fee?

Training will cover all aspects of running and managing your own classes. Your initial one-to-one training lasts 3 days and includes a visit to two classes. You will then telephone support to open your first few classes. Once you have been running a class for a month you can attend a head office workshop called "Stage 1 - The Psychology Of Slimming". All this training is included in your franchise fee you will just need to pay your own travel and accommodation expenses.

What is my expected break even and how long should it take me to reach this figure?

We will supply you with an Excel spreadsheet that enables you to forecast this.  It is normal for you to have recouped your investment in approximately 10 months.


Do you charge ongoing franchise fees and if so what are they and how are they calculated?

An on-going franchise fee of £40 per week is charged starting from week 9.  This gives you time to be trained, open your own classes and start earning an income.


Do I have to contribute to any other costs such as advertising and promotional expenditure that you incur, if so how much?

Yes we charge a National Advertising Levy of 1% of the gross income from each class. 


I Lost 31 lbs with Super Slim
What help, if any, will I receive if I want to do some advertising and promotion on my own?

We will help and advise with adverts that you can use or supply you with relevant posters or leaflets or Newspaper Advert ‘proof’s


After I have opened, what ongoing support will I be provided with?

We hold quarterly franchisee meetings.  Your National Slimming Manager is always at the end of the phone to advise.  We also have a forum on the franchisee website where you can ask the help of other franchisee’s and group leaders.


What help and guidance do you offer in site selection?

This is quite important and we ask that you take our advice before opening any class on the likely hood of a certain venue being a success or not.


Can I be provided with a full list of all franchisees in the network and can I contact them?

Yes although we ask that you give us you phone number and they contact you.

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Have any franchisees failed, and if so why?

As of yet we do not have any franchisees that have failed.  We recognize that it is always possible.  We try and avoid the likely hood of failure by being careful in the selection process.  So please do not be offended if we think a Super Slim franchise would not be suitable for you.


Are there any other costs I can expect to be asked for?

You will be asked to pay for your travel costs and expenses for any visits to Head Office which will also include your one-to-one training.


How thoroughly do you vet prospective franchisees to maintain a high standard in the network?

We ask every potential franchisee for 2 references.  We also ask for permission to perform a credit check.


Will the territory offered be for my sole and exclusive use?

Yes


Are you currently operating in areas with similar demographics as my proposed territory?

We have a system that looks at several demographic factors when considering an area.  This enables us to evaluate an its potential for success.


Does your company see any threats in the current marketplace

No… unfortunately the UK’s waistline is still expanding…


Do you provide instructional and operational manuals and can I see them prior to signing?

Yes we have training manuals and operation manuals that you can see the contents pages of before signing.