It's easy to assume that because you're buying into an established franchise brand, the hard work of understanding your market has already been done for you. Thorough local market research is one of the most important ingredients in both a successful funding application and a thriving franchise business. Why lenders want to see market research…
read moreApril success story This month, NGI Franchise Funding is delighted to share how we supported a new printing franchisee in securing the funding required to successfully launch their new business. We recently worked closely with the client to complete a robust business plan and arrange an £85,000 unsecured business loan, providing the finance needed to…
read moreAugust success story This month, NGI Franchise Funding is delighted to spotlight the successful launch of a major new UK and international fast food takeaway store, marking an exciting step forward for one of the brand’s ambitious franchise operators. The need: £206,000 to launch a new flagship store Our client, an experienced multi-unit operator within…
read moreThe festive season often inspires individuals to explore new opportunities, and for many, this includes the idea of starting a business. Franchises, with their proven models and built-in support systems, can be particularly appealing during this time. While Christmas might be the spark for pursuing a franchise, it’s important to remember that owning a franchise…
read moreNovember success story This month, NGI Franchise Funding is proud to highlight a successful funding solution for a domiciliary care franchise launching its operations. The need: Funding for startup costs Our client, a new domiciliary care franchise, required £70,000 to cover essential startup costs. This funding was critical to enable the business to establish operations,…
read moreOwning a commercial building with a mortgage is a strategic investment that can benefit a franchise in the long term. Instead of leasing a property, buying the building will allow the business to build equity, gain control over business space, and potentially reduce operating costs. Commercial property mortgages work similarly to residential mortgages but with…
read moreAsset finance is a powerful tool for franchise businesses looking to expand and enhance their business. By leveraging various forms of asset financing, franchisees can acquire essential equipment, vehicles, and technology without significant upfront costs. Here’s a detailed look at how asset finance can facilitate growth for a franchise business: Enhancing operational capacity Equipment leasing…
read moreA franchise business will need to put in place the right processes so that they can communicate efficiently with all the key stakeholders. In this instance a stakeholder would be anyone that has an interest within the franchise so it can include employees, customers, suppliers, partners and investors. By developing a stakeholder communication plan the…
read moreOne 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 moreWhen a franchise business fulfils its initial growth plans and starts to explore the next phase in its development, they should be widely encouraged to explore the benefits with territory mapping. Territory mapping is a process which identifies potential new areas that can be targeted for opening new franchise locations. It is an important step…
read more
