Choosing an Agency – dating and introduction services
The problem is franchise fees. These fees can really affect net earnings. A franchisee still has to pay for its regular business operation expenses as well as the ongoing franchise fees so it’s easy to see that the agency will not be making as much money as originally believed. Without money, business will fail! Another problem with a franchise is that it is actually very risky: Approximately 70 – 80% of businesses fail within the first 2 – 5 years. And the percentages are getting worse as the economy suffers. Added to this, the average, “successful” business usually doesn’t start consistently turning a profit in as long.
Some agencies cover the whole of the United Kingdom and register people from all walks of life. As such they are faced with the difficulty of a diluted membership and one that is not solely targeted at single, articulate professionals. The majority of its membership base will be located in the South of England. This means that you will have to be prepared to do a lot more travelling at the end of a days work to meet your Mr or Mrs Right!
The Office of Fair Trading said the increased potential to meet new people online is being exploited by scammers to con people out of their money. Fraudsters generally target online singles columns and dating websites. The online profiles they create are fictitious and are usually accompanied with fake photographs. In some cases fraudsters have strung people along for years, conning them out of huge sums of money and leaving them financially ruined. Some of the most serious cases are being investigated by the Serious Organised Crime Agency. One recent case involved a British national who was kidnapped after travelling to West Africa after falling for a dating scam.
Some agencies claim to have been established for many years, but it must be noted that some agencies have changed hands four or five times during the course of its business. This could be for genuine reasons but is most likely due to failed business activities.
For your peace of mind, Select Personal Introductions has never changed ownership or been part of a franchise nor does it have a diluted membership due to being spread too thinly across the United Kingdom, and it is not an online dating service.
We look forward to hearing from you. Call today on 01618723900.