Synergy
Stocktaking Franchises believes that a franchise is the ideal prospect for those who want
to make the move into owning their own business but are put off by the
complexity and risk of the start up or who worry about the demands and
pressures associated with running your own business.
Synergy Stocktakings guarantee to its
customers is your stocktake counts 100 per cent accurate or your money back. But we
do much more than simply count stock. At Synergy Stocktaking we work with the
owners to continuously improve the gross profits.For example, through our years in the
industry we have identified what we call the three Golden Ways to
Improve Your Bottom Line Profits, these are simple, easily
implemented changes that should improve the customers net profits, so, for
example, a premise with a weekly turnover of Eur20,000 should, after implementing
fully our suggestions, see at least a 1per cent improvement in its gross profit
resulting in an end of year improvement of Eur10,400 in net profits. Talking
about the franchise opportunities at Synergy Stocktaking Aidan notes. Synergy Stocktaking is one of the simplest franchises out there with none
of the headaches of employing people from the start, relatively little
marketing and sales involved, the first 6 customers are supplied by Synergy
Stocktaking and there after a considerable portion of business comes from
referrals, repeat business and potentially a client is a client for life.With the Synergy Stocktaking Franchise, all
equipment, training and initial sales are included in the franchise fee. All
you need is 2,3 weeks initial training with head office and then you can start
stocktaking for your own customers in your territory. Aidan sees
investing in a franchise as the ideal solution to the isolation and burdens
that can fall upon the shoulders of the sole business owner. Its a
truism, especially in todays tougher economic conditions, but our franchisees
place huge value and importance on knowing that they have unlimited, anytime
support available from the central office.
Many small business owners struggle to master all the different elements
of a successful business sales, marketing, credit control, accounts to name
but a very few, but with a Synergy Stocktaking franchise you essentially have
access to 24 7 support and continual training and up skilling through our
monthly Franchisee Workshops. Having said
that, he acknowledges that franchising is not for everyone.Synergy Stocktaking devotes a great deal of
time and effort to finding the right franchisees. Its a bit like matchmaking
you cant pair just anyone with our franchise. We have a very clear and precise
picture of the kind of person, their character traits and experience, who will
be a successful fit into the Synergy Stocktaking franchise family.We reject far more applicants than we take
on board but we are confident enough to do that, we are in this for the
long haul and we only want the right people for our franchise.
His advice
for the would be franchisees is to Take your time in making the decision and
explore whats out there.Decide where
your strengths lie, the type of business area you want to be in and what your
long term goals are. Some people want to keep the business tight and be very
hands on, others want employees to operate the business once its up and
running, make sure that the franchise model you sign up to really fits with
you and your goals. All of our franchisees cite very differing reasons for
choosing a franchise, some wanted to achieve a better work life balance while
others prioritised the earning potential and Synergy Stocktaking allows them
to achieve these goals.
For further information, please see our listing on this site.
Notes:
Aidan Mc
Donnell, who was an aircraft technician in the Irish Air Corps for 8 years,
started stocktaking in 1999 and brought with him the high attention to detail
and accuracy that was need for aircraft maintenance and applied it to
stocktaking. Aidan also brought engineering to stocktaking designing a unique
keg measuring device that is now exclusively manufactured franchisees.
In 2002 Aidan teamed
up with his brother Ollie, who had a degree in process engineering and started
trading as Advanced bar Services (ABS). Together working out of 50 Sq/Ft room
at the back of Aidan's house they started developing systems that brought a
whole new dimension to the stock taking process.
Synergy
Stocktaking first began franchising in 2006 and currently has franchisees
operating in Limerick, Galway, Athlone, Dundalk, Donegal, Kilkenny and 3
franchisees in Dublin.
In 2009 the
business was rebranded Synergy Stocktaking, synergy meaning the
interaction of two or more ingredients so that their combined effect is greater
than the sum of their individual effects and this holds true for synergy
stocktaking. Aidan uses the Munster
rugby team as a perfect example of synergy, on paper the team look like no
great shakes but as a combined force they serious opponents for any team.
This means
an ever growing need for the services offered by Synergy Stocktaking
franchisees
"You're in business for yourself but not by
yourself"
But that
success is testament to the importance of knowing your market, knowing what
your customers need and offering that extra added-value to the customer.
There are
other stocktakers out there but few that provide the level of accuracy and
detail combined with the consultancy to increase the owner's profits. Our
guarantee to our customers is "your stock counts 100 % accurate or your money
back"
Aidan and
Ollie from an early stage of their business set a target of 20% growth per
year. We have achieved this every year to date including 2009 which was a
challenging year for everyone in business and now have in excess of 200 pubs,
hotels, nightclubs and restaurants that we service.
Many
franchises need to be situated in an urban area in order to capture the
business but the ability to live anywhere in rural or urban Ireland and
still be able to run a successful stocktaking business is part of what makes
Synergy Stocktaking so attractive to franchises.