Business 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…
read moreWith a little over 2 weeks to go until the National Franchise Exhibition our team are all set and looking forward to meeting all the delegates and fellow exhibitors. It will be a busy 2 days of workshops, presentations and seminars. We will also be hosting the Finance Clinic where delegates can come and seek…
read moreThe NGI Franchise Funding team are delighted to be exhibiting at the National Franchise Exhibition which will take place at the NEC, Birmingham on 6th and 7th October. Our attendance at the show will allow us to showcase both our business finance and business planning solutions that have been designed solely for the franchising sector.…
read moreMore and more people are wanting to step into the world of business ownership but for many it simply just remains a desire, with only the bravest actually taking the leap. Often it is questions such as, what business can I create? How am I going to make money? How will I get new customers?…
read moreRunning a successful business is incredibly rewarding and brings broad benefits. However, there will be a point in time when the business owners fulfil their existing growth plans and then need to evaluate what is best for the next period of growth. How can they capitalise on the success built, how can they reach a…
read moreThere is so much positivity in the world of franchising, as a sector it continues to see encouraging growth. It also offers a great pathway for people that want to become the owner of their own business. Investing in a franchise not only gives complete freedom but it also comes with security. An entrepreneur is…
read moreAny successful franchise will need to embrace growth periods. When success has been achieved and the franchise is performing well it can be easy to relax and settle with what you have. However, a franchise should actually embrace the growth periods and keep pushing for future growth, why stop when business is good, instead make…
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…
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