Trying to find the right business loan for your franchise can feel like a minefield. With lots of different options to choose from and terminology that many are unclear on, it can be a very tricky decision. You really want to ensure that you fully understand the options available so that you can select the…
read moreNo matter what the size of the franchise there will always be a time when cashflow problems are experienced. Keeping a constant eye on cashflow and ensuring that the business always has a positive level of free cash is vital to the ongoing success of the franchise. If you understand your incoming and outgoing cashflow…
read moreAcquisition finance is a form of funding that can greatly benefit the growth of any franchise business. As the name suggests it is a financial solution which allows a franchise to purchase another franchise for business growth purposes. There are many reasons why an acquisition can benefit a franchise business: Market - by investing in…
read moreThere are many stages in the lifecycle of a franchise business and at certain times in this timeline there will be a need to look for some financial assistance. Historically, the norm would be to turn to your local Bank and try to source a loan from them. However, in recent years this has become…
read moreWhen you franchise your business, it is vitally important that you seek the right partnerships with individuals and companies, along with obtaining the right support and guidance to help you ensure it is a successful journey for all involved. A key area which can often cause major headaches is when applying for funding. Franchisors will…
read moreA common question we often get asked is what should I be paying for a new franchise? Most people think it is just a lump sum for the initial investment, however there are a lot more factors that need to be considered. The upfront cost or franchise fee The first initial cost is the investment…
read moreOn 24th and 25th November 2022 we were delighted to be able to attend the BFA Annual Conference and Awards Dinner held at VOX in Birmingham. Showcased as bringing all corners of the franchising community together, it provided a perfect opportunity to learn about the latest innovations, reflect on all the positive success stories and…
read moreOne of our most popular services is business planning. Our team is made up of ex banking professionals who have spent their entire careers evaluating and appraising business plans and financial accounts. Often unseen by the public eye, we felt it was important to give them the spotlight so that everybody can understand and appreciate…
read moreAny entrepreneur wanting to take their first steps into business ownership should always look to see if the franchising route would be a viable option. If we look at some of largest economies, say Australia or USA, they have a large franchising network. This is simply because they are not concerned with failure, they know…
read moreHere are just a few of the most common franchising frequently asked questions: Why own your own franchise? Take control of your career, be your own boss and run your own business but do all of this whilst being part of a well-established and recognised brand who can support you every step of the way.…
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