A 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 moreStarting a new business venture through franchising brings enormous possibilities with very little risk. By investing in a successful brand with a proven business model an entrepreneur can fulfil their ambition of becoming a business owner whilst also feeling secure that their finance commitments can quickly be turned into profits. Whilst becoming a new franchisee…
read moreWhen somebody starts out their journey in the world of franchising it is often because they want to become part of a successful brand but also to fulfil their dreams of becoming a business owner. Something that probably is not on their radar is the benefit of owning multiple franchises. However, this mindset quickly changes…
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 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 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 moreThe NGI Franchise Funding team are delighted to be exhibiting at the International Franchise Show for the very first time. We have chosen this event as the perfect platform to showcase our business financing solutions and our business planning services. During the show we will be on hand to connect with business professionals who are…
read moreWhen exploring the finances required for a new franchise people will often only look at what the total investment is for the franchise purchase, many will forget to include working capital, ongoing fees and VAT. Clearly defining the correct amount of working capital required for any new franchise is crucial to its success. If you…
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