Innovatus Franchise Opportunity

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Established in 2009, Innovatus FET College was established to fill a market niche in South Africa. The Innovatus FET College Franchise offering is the only value-added educational franchise brand offering being strategically priced at R 960,000 including VAT. This price is effectively 50% of the total estimated cost that a new business owner would expect to spend on starting his / her own new college brand from scratch to financial viability and profitability.

Many of our informed enquiries share these sentiments based on their own market research done and if you are looking to capitalise on an innovative educational & viable business model, then the Innovatus Franchise is the answer. Innovatus pronounced IN-OH-VAY-tis is the Latin term meaning innovation, to renew, create or re-engineer. And this is what the Innovatus brand stands for i.e. to re-engineer education practices in the country. Innovatus is also in the process of upgrading, rebranding and undergoing a name change to be more relevant in the current education market and for trade mark registration.

We pride ourselves on being unique, innovative and continually improving to ensure that our organisation is always kept abreast of latest developments and improvements. In keeping with this innovative philosophy, we have achieved many accreditations, accolades and affiliations such as: being an accredited member of the Franchise Association of South Africa (FASA; becoming the first private college in South Africa to achieve full accreditation for 7 years with the Umalusi Council for Quality Assurance in General and Further Education and Training and most recently being successfully accredited by a government approved funding initiative, which allows our franchisees to access government funding at super friendly rates and extremely relaxed funding criteria

Why choose Innovatus?

  • Easy access into education as a business (which has high entry barriers)
  • Competitively priced and funding available to approved buyers
  • The only private college in the country to have Umalusi full accreditation for 7 years
  • Tried and tested business system
  • Proven concept in the market place
  • Quality and innovative education
  • Accredited and registered institution with the South African education authorities
  • Over 40 accredited programmes to choose from
  • Education is a boom business in South Africa and will probably stay like that for the next 100-150 years
  • Innovatus is highly respected in the industry
  • Over 50 years combined private education experience
  • Demonstrated and successful track record

 

How much does an Innovatus franchise cost?

Cash buyers: R 960,000 including VAT

Territories/Locations available?

Innovatus has already approved more than 80 locations in South Africa, covering all 9 provinces. The company is inviting highly motivated and successful entrepreneurs to now take up an Innovatus FET College franchise opportunity in these areas or an area of your own choice, subject to company approval and endorsement.

What training and support is provided?

  • Render a Professional back-up service to the franchisees
  • Be engaged in the research and development of new and market related course material and assessments and the registering thereof with the appropriate accreditation bodies
  • Develop, implement and maintain administrative, financial and operational systems in order to streamline the managing processes within the franchise business, both at Head Office and franchise level
  • Take responsibility for the standard and integrity of the nation-wide operation of INNOVATUS FET COLLEGE
  • Provide training and assistance to the new Franchisee. Before a franchise may register students the initial training at Head Office must be attended
  • Evaluate the college, administration systems and lecturers on a frequent basis to ensure that Franchisees keep their competitive edge and uphold the quality management systems, which are in place
  • Plan a regional and local advertising campaign
  • Training: Annual Conference for franchisees with Innovatus FET College franchisor
  • Practical hands-on training during the year for staff and management of each franchise
  • Fully establishment of the Franchise site
  • Provide assist and advice on the location of premises
  • Fully functional and operational Head Office

How do I apply?

  • Interested enquiries fill in the application form below
  • Franchisor sends Disclosure Document and Franchise Information
  • If prospective franchisee is interested, then informs Franchisor
  • Franchisor sends Franchise Application Form and Credit Check Consent Forms for completion
  • Prospective Franchisee must pay in R 2,850 screening fee (refundable on successful sale) by EFT into the Innovatus banking account
  • Screening is compulsory for all candidates and is non-negotiable and includes Credit Checks; SAPS Criminal Checks and Psychometric Testing (online) to be done
  • Prospective Franchisee meets with Franchisor at head office located in Kwa Zulu Natal
  • Signature of franchise agreement and then installation of Innovatus Franchise

What do we look for in a franchisee?

  • A people’s person:She/he must have excellent selling skills; experience in direct selling is preferable
  • Communication skills: A good franchisee is one who enjoys spending time with people. Remember, if one treats their staff and customers with trust and respect, then they will remain loyal to them. Hence, it is must for a franchisee to treat their customers well which will ultimately add to the popularity of a business
  • Hard working: Franchisee must not be afraid of hard work and happy to put in the hours required to get the job done
  • Positive attitude:Franchisee must have a good attitude towards work and show that they can work alongside their employees, whether it is in the office or out in the field. They must even be willing to look for ways to make the brand more popular and suggest frequent changes for the betterment of the business. The franchisee must be self-motivated to take action and follow the successes of others.
  • Be a good leader and also be a good follower:Customers preferring franchised business are generally there because they know what to expect. A franchise system then rests upon the consistency of the products or services it offers.
  • Committed and motivated:Innovatus FET College is looking for people who do not just follow the system but can get going when the going gets tough.
  • Financially and ethically sound person:You will be expected to treat customers, suppliers and Innovatus FET College Support Office with integrity.
  • A Success Formulae & Model for Innovatus Franchisees
  • Debt: must be less than 50% of price, unless you are using our government approved preferred funding opportunity. It is also a requirement to have a further R 200,000 as backup working capital.
  • Location: has to be right, on major bus / taxi / train / private transport routes
  • Must be a hands on owner(not compulsory) but highly preferred
  • Must attend once a month review meetingsheld at head office
  • Must have a passion for quality education and high pass rates
  • Must love dealing with people
  • Multiple franchises awarded to superb operators

Franchising contact information:

Email enquiries: info@innovatus.co.za or kay@innovatus.co.za

Tel: +27 32 541 0045 or +27 32 541 0046  

Fax: +27 86 551 0011

Address: 1 Groom Street, Verulam, Kwa-Zulu Natal, South Africa