Should I Start My Own Shared Power Bank Network or Become a Franchisee?

The decision between starting your own shared power bank network or becoming a franchisee depends on several factors. Let's explore both options!

Own shared power bank network

Starting your own shared power bank network gives you the opportunity to build your brand and have complete control over your business. You can develop unique strategies, set your own pricing, and tailor the network to your specific market. However, it also requires a significant upfront investment, as you'll be responsible for operations: developing the infrastructure, acquiring power bank stations and power banks, and marketing your services. Additionally, you'll need to navigate the challenges of building brand recognition and attracting customers without the support of an established franchise.

Buying a ready-made app will give you the launch quickly, but you will have to solve bug fixes (errors in the app) or pay to have them fixed. The software system should be adaptable to the customers' needs. There is nothing more frustrating than having a product that can't be adjusted to the market needs when you need it.

Creating a thriving power bank network requires a significant investment of time and resources, but the rewards and freedom it brings are worthwhile! However, an alternative option worth considering is becoming a franchisee. Joining an established franchise enables you to capitalize on an already recognized brand, a proven business model, and continuous support from the franchisor.

Starting a business with Brick

When you become a Brick Partner or franchise owner, you enter a partnership with an established network and product. It's common practice for partners to expand into new regions! As a Brick Partner, you won't own the business or technology, but you'll have the advantage of swiftly launching a network.

Brick Partners focuses on the sales and operations of their network within their region. The tech side, regulations, and compliance are handled by us! We offer two partnership opportunities: you can either start a network as a Network Partner or join as a Market Owner. Network Partners operate smaller networks within an open market, while Market Owners enjoy exclusive operations within their chosen market.

Have a look at our partnership options to determine which model aligns best with your goals and aspirations.

To summarize

When deciding between starting your own shared power bank network or becoming a franchisee, it is important to carefully consider factors such as time, resources, and investment!

Become a Brick Partner

Not to toot our own horn too loudly, but power bank sharing with Brick holds promising prospects for your success! Once you've taken a closer look at our partnership options to determine which one aligns perfectly with your goals and aspirations, our Brick representative is ready to connect whenever you're ready!