Franchise Articles

Feb 10, 2017

Planning to Franchise

Franchising is one of a number of ways that businesses can grow and flourish, yet although most people are aware of franchising, McDonalds, Prontaprint, etc. etc. there is more to it than at first...

Feb 10, 2017

Cash Management

With banks reluctant to lend and liquidity in the economy tight, good cash management is of paramount importance to businesses. Good franchisors will be making this point to their networks and...

Feb 10, 2017

What to Consider When Dealing With a Franchisor

As a prospective franchisee there are several things that you should bear in mind when you first make contact with a franchisor: 1. How much do you actually know about the franchisor and its...

Feb 10, 2017

Are You as Available as You Should Be?

Finding the right team to support your individual needs is key to your operation. Do you require one person who will answer your calls when you are out of the office and also at weekend? Or is your...

Feb 10, 2017

Harnessing the value of your pilot franchise -...

It's always important to 'lead your pack' and it is has never been more important to do this than now. Franchisors are operating within a highly competitive market place with new rival businesses...

Feb 10, 2017

What to Look for in a Home Based Franchise...

Have you ever considered starting your own business but been too scared of the uncertainties? Have you thought of yourself as a budding entrepreneur but struggled to finance a start-up company? Buying...

Feb 10, 2017

Franchisor Marketing Tip No 2: How to Attract...

There are many ways to find your ideal franchisees to grow your network and Sally Butters, Director of Media at Coconut Creatives, highlights just a few for Franchise Expo. A basic understanding of...

Feb 10, 2017

Your Most Valuable Asset

Who was it that said businesses don’t succeed, people do!! We all know how important people are in our respective businesses but how much time do we spend really trying to engage and motivate those...

Feb 10, 2017

The 7 Characteristics of Highly Successful...

Much research has been done into the skills, motivations and behaviours of successful franchisees. In fact, most experienced franchisors have developed a “Franchisee Profile”, which sets out the type...

Feb 10, 2017

What do I Need to Know From a Legal Perspective

First, there are no regulations or laws that apply specifically to franchising so that means that you have to rely on legal principles and regulations that apply to all commercial contracts. Unlike...

Feb 10, 2017

Why You Should Consider a Van Based Franchise

Franchising is relevant from two perspectives, the franchisee and the franchisor. It's a good idea to look at franchising from both sides - whether you are considering starting your own...

Feb 10, 2017

Residual Income is a Beautiful Thing

So many people, when investing in a franchise, set out to buy themselves a business but end up buying themselves a job. Now, I’m not saying there’s anything wrong with owning your own job, it’s just...

Feb 10, 2017

Economic Impact of Franchising in the UK

Whilst the UK is struggling with its ongoing economic difficulties within the context of a prolonged global downturn, the franchising industry continues to show interesting signs of success. UK...

Feb 10, 2017

Key Legal Questions to Ask

Key legal questions to ask If you're looking at buying a franchise, then you will find that there are a number of legal questions that you need to ask before signing on the dotted line. In fact,...

Feb 10, 2017

Fast Track Risk

A value of a business depends on many things but especially quality of earnings and risk. Would you rather have a company with £1 million of sales from a single customer, or 10 customers of £100,000?...

Feb 10, 2017

The Advantages and Challenges of Franchising

If you're considering taking the franchise route, you'll need to be prepared to do plenty of research. Franchising is a specific business model that relies on a consistent and proven business system...

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