There are many stages in the lifecycle of a franchise business and at certain times in this timeline there will be a need to look for some financial assistance. Historically, the norm would be to turn to your local Bank and try to source a loan from them. However, in recent years this has become…
read moreFor many, the risk of redundancy can rightly fill them with sheer dread. Losing both the job you love and the safety net of a regular income can be daunting. However, it could also bring the opportunity of a lifetime. It can allow you to become your own boss. Franchising can be the perfect solution,…
read moreInvesting in a franchise is a safe bet for anybody wanting to step into the world of business ownership. Here are some of the top reasons why it is such an attractive option: A successful set-up Investing in a franchise gives you the security that you are purchasing a successful business set-up. You will be…
read moreThe thought of taking a sales role can send shivers down people’s spines. It is arguably the most important aspect for a business but at the same time it is probably the one area which causes sleepless nights. When you start up a business a large proportion of time will be spent solely on sales,…
read moreWhen you take the decision to become a franchisee you have all the benefits of being your own boss but with the backing of a well-established business. Taking the jump from being a well-paid employee to a business owner is not an easy process but by going down the franchise route you are backed by…
read moreFranchising continues to be a key growth industry for the UK economy. It is not just the major UK brands; many SMEs are exploring how a franchising model can help them maximise their business potential. We all know the past 3 years have been some of the most difficult times to navigate through. However, the…
read moreFranchising is a growth area. There are many people looking for a career change however, the decision critical to their future success, is what is the best option for them? If we explore this more and break it down further, we can help with the decision thanks to the power of 4. Four key influential…
read moreWe live in a world of uncertainty where the only thing we can really be confident about is that change is right around the corner. We could be referring to a change in the weather, or a change in hairstyle or even a change in our personal circumstances. Embracing change is so important especially when…
read moreAny entrepreneur wanting to take their first steps into business ownership should always look to see if the franchising route would be a viable option. If we look at some of largest economies, say Australia or USA, they have a large franchising network. This is simply because they are not concerned with failure, they know…
read moreEarly preparation in terms of business exit planning is crucial if a business owner is going to maximise their earning potential. Often when looking at the value of a business a typical model will be to look at annual profit and then multiply by 1 to 2 times its value. In reality, the business will…
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