One of the most common questions a business professional will want to know before investing in a franchise is what costs will be incurred. There will be both upfront costs and some ongoing costs. Let’s explore this in more detail Upfront costs A franchise owner will expect a fee to be paid for the investment…
read moreA successful franchise business is one that can adapt to the changing business landscape. Having developed a proven business model, they will continue to invest in staff and infrastructure. A franchise will need several soft assets to help with the successful running of the business. A soft asset is something which is intangible but does…
read moreChoppaluna is one of the most exciting and innovative food restaurants that has launched in the UK. Originating from Berlin, Germany in 2019 it has since adopted a franchising growth programme, entering the UK market. Currently its portfolio includes 5 locations all of which have opened in London. When entrepreneur Sarfraz Ahmed first heard about…
read moreWith Christmas just 7 days away there is one very important question that a franchise business should ask – “Am I happy with my business strategy for 2024 and are there any gaps in cashflows which will stop this from being initiated?” If the answer to this is “No” followed quickly by “Yes” then the…
read moreThere are several excellent finance solutions available for businesses and entrepreneurs operating in the franchising sector. The most popular choices are secured loans, unsecured loans, working capital loans, asset finance, invoice finance, stock funding and start-up loans. Every franchise need is different which is why it is important to have several options available. Our franchise…
read moreThis time last year we were just coming to the end of our first month trading. A year on and what an incredibly rewarding and successful journey it has been. We have seen excellent growth, introduced some new initiatives and supported several franchisors and franchisees. We are also delighted to be working in partnership with…
read moreThe team at NGI Franchise Funding are driven to make a difference across the franchising sector. We support both franchisees and franchisors to accelerate growth. We do this through 3 specific areas of qualification, business planning and funding. Let’s explore these in more detail: Qualification The qualification process for a Franchise is a very important…
read moreBusiness continuity and growth is a must to develop a successful franchise company. One of the most important elements is maintaining excellent working capital. The key difference between a successful and a struggling franchise is the management of its cash, having a positive level of cashflow is a must. Working capital is the spare money…
read moreThere are 3 key scenarios with a franchise buyout. The first is an entrepreneur wants to step into the world of business ownership and decides to adopt the franchising model so purchases an existing and well-established franchise from the existing business owner. Secondly, two business professionals may have initially started a partnership and invested in…
read moreIt was an incredibly beneficial 2 days for the NGI Franchise Funding Team who were in attendance for the first time at the National Franchise Exhibition at the NEC on Friday 6th and Saturday 7th October. Networking with similar like-minded business professionals we had many positive conversations. As well as receiving lots of interest in…
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