Running a business isn’t for everyone and franchisors are very selective about who they empower with their brand. They will have years of experience of the key qualities that make a successful franchise owner. I know we are talking about how much does it a franchise cost, but the cost doesn’t just include financial. If you are approved to take on a franchise, there is considerable time and effort required to run a successful franchise. Some franchises offer a flexible approach to working hours others require fixed hours.
A franchise is not something that anyone can just buy. As mentioned it needs to be the right fit for you and the franchisor. A franchise is not a regular purchase, it is an actual investment.
How this works in practice is that the money you invest in your business at the beginning, in theory, should grow as you develop and grow your business. With any ethical franchise, you will receive initial training plus ongoing training and support. Typically, you also receive an exclusive territory to operate. In five, ten or more years time, If you decide to exit the business you can sell your business on at a higher price than you paid it for. This way you get back your initial investment, with profit, having taken an income whilst running your business.
It’s a bit like planting an acorn. We all know acorns have the potential to grow into big Oak trees. But this only occurs if they are planted and receive the right care and attention that they need. Because a franchise is part of a bigger business, it's like it's in a forest of Oak trees. Your franchise, therefore is a proven model, with all the ingredients available to succeed. This also means that as well as your work on your franchise, you have the Franchisor and the company developing and growing as well.
Ensuring customer safety and the quality of the customer experience are critical to the success of any business.
That's why at Creation Station we take the safety, quality and availability of the materials and tools we need very seriously.
We have two warehouses so that you have access to over 10,000 quality art and craft supplies to use in your activities. (We LOVE our warehouse and can get a bit carried away sometimes!).
You receive a special wholesale login to our extensive online shop. You have special access to this and extra Creation Station products. This means you can purchase your craft and business supplies from here at a discounted rate. You pay a small monthly amount which is credited to your account and this can be used at any time. You also receive loyalty points on all your purchases too.
As mentioned investing in a franchise is not just financial, it requires, time, effort and energy and application of the proven business model to achieve success.
Franchises do vary in cost from a few thousand to millions depending on the type of business and territory.
When you invest in your own Creation Station you are investing in an established, award-winning and supportive business. Here are a few of our awards:
You can choose, one, two or three of The Creation Station licences. These are as follows:
For more information on the licences please read The Creation Station franchise information pack Download your information pack
If you have already read this and would like to find out about options and territories, let's chat! Book the best time for a 15-minute Discovery Chat.
For other franchises, you will need to contact the Franchisor for specific costs. Do ask for all costs associated and check if there are any additional costs.
Here are the costs for a Creation Station franchise:
As well as the initial investment, we've also included the monthly management fee, and typical costs of supplies so you are fully aware of all the costs. All prices are plus vat.
You will have other costs such as insurance and marketing. We can advise you on these costs. (For many of our franchisee partners this also includes buying sparkly shoes!)
It’s important that you also have funds available for working capital. We recommend a minimum of £1000.00. You also need to have a way of supporting yourself financially whilst your business develops.
You can choose what activities you’d like to run and also the perfect areas to run your business. We will help you explore the options and develop the perfect business model for you.
Most people don’t have £1,000’s spare cash to invest in a business. That’s why start-up loans were invented! We help you, subject to status, secure 100% if the fund required, with no personal guarantee.
Most new franchise partners have never ran a business before. You can rest assured that you will receive the training and on-going support you need to grow and develop your business at a rate an pace that work for you and your commitments.
Banks are generally very supportive of investing in a franchise as it is a proven and tried and tested business model.
"Approximately half to two-thirds of new businesses fail within the first three years of trading but, because franchisees have the benefit of a tried-and-tested business model and access to a support network, failure rates remain extremely low, with only 1% per year closing due to commercial failure". British Franchise Association / NatWest Franchising Landscape Report 2018.
We work with a number of banks and businesses that can help you with business start-up loans including Natwest, HSBC, Virgin, Biz Britain.
As Creation Station is a proven franchise model, some of the assessment with our financial partners has been pre-authorized.
Banks often require at 30% deposit but some start-up loan companies don’t require a deposit which can help you to start up your business with Biz Britain
Subject to status Biz Britain can provide business loans as follows
You are required to provide a business plan and cash flow. We can support you with developing these specific to your local region.
Now you know the costs of your business investment, I'm sure you are asking "What are the likely returns on my investment - how much can I make"
We don't claim to be a get rich quick scheme. This is a business, like any, that you get out what you put in. Typically franchise partners get a return on their investment within eighteen months. Many have paid off their loan much quicker and some within six months or less.
However, it's important that you know we can't guarantee what income you can make. We can, however, support you to run a proven and successful Creation Station franchise.
Some of our Franchise partners turnover (i.e. money that comes into their business) over £50,000+. Some franchise partners turnover is in the region of £8,000. Some work full time and take on staff, others enjoy running three classes a week.
We go into more details on how much time you have to commit to your business and how much you could potentially make in our Discovery Event and in a follow up one to one. This is very important and will help you make the decision on whether its right for you or not.
Check out the next dates and time for your online Discovery Event.
If you have been to Discovery event or are booked in for one, and you would like to look at area options and discuss licences you can book in a 30-minute one-to-one chat.
All businesses have had to review services and processes during the pandemic. When researching the right franchise for you, do ask the Franchisor how their franchise model has adapted.
At Creation Station, we’ve been fortunate that:
We’ve adapted our activities to be delivered online with craft packs supplied. Where it is safe and appropriate to do so, we run safe face to face activities with COVID secure measures in place.
On top of our usual support, we’ve increased our support to our franchise partners so they can continue to operate safely.
Here are some of the ways we are helping our franchise partners:
… and much more.
Educational, wellbeing and creative activities continue to be demand. We continue to bring creativity into all areas of learning leisure and life and support and work with our fabulous franchise partners.
If you’d like to find out about running your own flexible and rewarding creative franchise, you can find out more by
Thank you for taking the time to discover more about running your own Creation Station franchise.
Do you feel this could be the opportunity you are looking for? if so my team and I look forward to chatting with you and potentially supporting and working with you to create inspiring futures for many.
If you have any questions please get in touch. Send Sarah an email I'll be happy to help.
Here's to inspiring futures!
Sarah Cressall BSc (Hons) Dip Art
Amazon number one Best Selling Author, Multi-Award-Winning Entrepreneur, Speaker, Founder and Managing Director Of The Creation Station.
Some of the recognition and awards we've been privileged to receive: