Launching and growing a franchise in the UK can be challenging and while finance often comes from banks or investors, there are government-linked support options worth exploring. These can help with funding, training, advisory services and business growth, especially in the early stages of your franchise journey. However, navigating these options isn’t always straightforward, which…
read morePlanning a successful franchise exit requires more than just timing, it’s about choosing the right financing structure, maximising business value and ensuring a smooth ownership transition. Define the exit objectives early Establishing an exit strategy from the outset, whether the plan is to sell within five years, transition to a family member, or step aside…
read moreApplying for a franchise loan can be complex. However, there are some very simple steps you can follow before completing the application, which if undertaken can really assist with a successful outcome. Early accounting – keep all your important financial accountancy commitments up to date and whenever possible try to file your annual accounts early.…
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