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Hattch Score Summary
Assessment Completed:
2024-01-01
Culture determines the environment, strategies and practices that inspire and engage employees and you as a franchisee to perform optimally and is important to wider company morale and maintaining good relationships.
Great performance happens when cultural attributes are closely aligned with and support both the franchisor’s and franchisee’s goals. A culture that is congruent and clearly communicated provides endless benefits to everyone in the franchise organisation including greater effectiveness and brand equity.
A company that shares your cultural preferences will prove more compatible and help you reach your performance potential.
Matching your core values with a franchise's core values creates compatibility and harmony. Having shared values provides a solid foundation for a long-term business relationship.
Like-minded people have a basis for understanding, communicating and exercising judgment. Values alignment builds strong brand recognition.
Our research and that of others, show that there is a strong link between financial performance and values alignment. When the values of an organisation are in alignment with the aspirational values of you as a franchisee, the result is high performance.
For greatest satisfaction and effectiveness, you should seek a work or business environment consistent with your natural working tendencies.
Work Style translates into how you will delegate, direct, motivate, manage, evaluate and resolve day-to-day business situations.
Work Style is particularly important for you as a franchisee, as you will be held responsible for aligning your business with the pace, priorities and direction the franchise outlines for the system.
Stages of Growth are determined by a company's managerial style, organisational structure, formal systems, major strategic goals and founder/owner involvement.
As a franchise organisation grows, the systems and procedures will adapt to support an evolving business model, the needs of the franchisees and to satisfy end-user demands.
Within each stage of business, your skills and goals as a franchisee need to complement a franchisor's plans and market expansion strategies. A franchisee that is in-step with the franchise organisation's Stage of Growth will prove more compatible and likely perform better.
Your business skills and competencies are important. More important however, is how those competencies complement those a franchise is looking for to achieve high performance.
Having complementary skills and competencies provides a framework for forming collaborations between you and a franchisor. It reduces redundancy, makes wiser use of resources, provides points of correspondence and thus leads to greater value, compatibility and performance.
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Franchise Compatibility Assessment
Our 5 minute survey will create your custom business owner profile. Once complete, you will see a score for each franchise, telling you how similar you are to their best franchisees. This score will save you time in your research, and guide you towards choosing the right franchise. Watch a short explainer video.
There are no right or wrong answers, just select what you think describes you best! The two sections can be completed separately and your progress will be saved.
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Buying a franchise is typically funded by combining your savings with property equity you have, and financing the balance through a lender.
In addition to your savings and equity, banks can lend against the future cash flows of the business. This typically can be approximately 50% of the total investment required.
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Franchise Compatibility Assessment
Our 5 minute survey will create your custom business owner profile. Once complete, you will see a score for each franchise, telling you how similar you are to their best franchisees. This score will save you time in your research, and guide you towards choosing the right franchise. Watch a short explainer video.
There are no right or wrong answers, just select what you think describes you best! The two sections can be completed separately and your progress will be saved.
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Smith & Sons Franchise Business for Sale in Balwyn, VIC 3103
If you’re a good builder, with plenty of happy customers and a great team of sub-contractors, when why isn’t your income improving and your lifestyle improving? With a Smith & Sons renovation business, you can get more of the things that are important to you. Better cashflow, more time and a better life. We’re here to help.
While builders are taught to be excellent craftsmen, many are not taught how to run a successful building business.This means many builders find themselves working for someone else, with no future growth in sight. Or they end up running a business that’s going downhill and leaving them time and money poor, with no stable future. That’s what Smith & Sons have set out to change by giving builders the systems, resources and tools to build not just a great business, but a fantastic lifestyle as well.
Smith & Sons are the largest networked home renovation company in Australia and New Zealand, with over 80 franchise partners already realising their dreams. Our primary mission is to show builders to own and grow a professional home renovation business.
Smith & Sons is built by builders, for builders, and our renovation franchisees see the benefits every single day.
Do you have what it takes to be a top-performer at these franchises?
Our 5min assessment will rank you on the key attributes of Culture, Values, Work Style, Skills and Stages of Growth.
Do you have what it takes to be a top-performer at this franchise?
Our 5min assessment will rank you on the key attributes of Culture, Values, Work Style, Skills and Stages of Growth.
Further Info about Smith & Sons in Balwyn
Watch our video to hear from Damien and Anna how Smith & Sons has transformed their lives into what they had always wanted.
Originally, Damien was working for an insurance builder as an estimator / supervisor, but was struggling with the long hours. He also realized that he was not really being rewarded for all the effort he put in, and was lacking time to do the things he enjoyed.
When seeing the opportunity to become part of Smith & Sons, both Damien and Anna saw this as a way Damien could start to build a business that would reward him for all the effort he put in, and being self-motivated and keen to call the shots for himself, it was the perfect vehicle to do so.
Watch our other video to hear from Neil Whittred who runs Smith & Sons Gold Coast Central on the Gold Coast in Queensland. Neil has been part of the Smith & Sons team for 6 years and tells us how it helps him develop a successful business.
Neil joined Smith & Sons for a better lifestyle and has certainly achieved that over the last few years, giving him options on how he chooses to spend his day. In this video, we look at a typical day for Neil in his building business and how he goes about running his construction company.
One of the biggest keys Neil has found with running a successful building company is getting support from those around him. The building game is consistently throwing different challenges into builders faces, and the ability to reach out to those around you to get the right answer to overcome the issue is paramount.
Professional
Are you interested in owning, operating and managing a professional renovation company?
Team Player
Do you love the energy and combined knowledge that a great team environment brings?
Business Minded
Do you want to better service your clients, generate a larger income, and secure your future by investing in a saleable asset?
Life Balance
Do you want more quality time with your family and loved ones, plus the time and money to do the things you truly want?
Hard Worker
The building industry is competitive so we need people who will strive to be the best. Being the best requires a strong work ethic.
Positive Attitude
Renovations can be complex and stressful so we look for people who are able to take the good from the bad, and make the best out of a tough situation.
Ability To Follow Smith & Sons Guidelines
We have invested countless hours and resources in order to deliver the best possible product to our clients. The clients who put their trust in us deserve our best so we look for people who are able to deliver the systems and processes that we know work.
Other Smith & Sons listings near Balwyn, VIC 3103
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Franchise Overview
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Investment Requirements
Buying a franchise is typically funded by combining your savings with property equity you have, and
financing the balance through a lender.
In addition to your savings and equity, banks can lend against the future cash flows of the business.
This typically can be approximately 50% of the total investment required.
To understand if you can afford a Celebrity Ink franchise, based on your current circumstances, use our
handy investment calculator.
Critical Information Statement
No Critical Information Statement available.
Personal Information Collection Statement
We collect your personal information to respond to your enquiry and to send you information about our franchising opportunities. We may share your information with our franchisors and their representatives. For information about how we handle your personal information, including how you can request access to and correction of your personal information or make a complaint, see our Privacy Policy.
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The following is a summary of how 's Business Builder Profile compares to Smith & Sons's top-performing franchisees, and provides an indicator of how well they are matched in terms of work style, culture, preferences and competencies.
This profile was generated using the hattch survey - to learn how you match to each franchise take the hattch survey now!
Brand Overview
Country of origin: Australia
Year established: 2007
Year franchised: 2008
Industry: Construction or Automotive
Category: Bricks & Mortar, Mobile
Franchise partner type: Owner Operator
Investment: 50000 - 100000
Corporate sites: 0
Franchised sites: 104
Franchisees: 98
Match Summary
Match Insights
Smith & Sons has outlined the following requirements to become a franchisee partner.
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You can meet the minimum investment level of $50,000 for this franchise opportunity.
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You are an Australian Citizen or Permanent Resident
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You have a valid Australian driver's licence
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You have a builders licence
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Success
We have sent an email introduction to you and the team at Smith & Sons. This starts the conversation thread between you and Smith & Sons and contains some important information that you should review.
If you’ve any questions, just let us know at [email protected] - we’re here to help!