Running a franchise offers entrepreneurs the opportunity to operate a proven business model. However, like any business, franchises require capital to grow and build success. Whether it’s purchasing new equipment, managing seasonal cash flow gaps, or funding a growth campaign, franchisees often need an injection in cash to help. One financing option available to franchisees…
read moreBecoming a franchisee can be a lucrative opportunity for entrepreneurs looking to invest in a proven business model. With brand recognition, an established customer base, and support from the franchisor, it offers a lower-risk entry into business ownership compared with starting from scratch. However, just like any business venture, owning a franchise requires careful financial…
read moreOne of the most important documents for a franchise business is the written agreement between a franchisor and a franchisee. Commonly known as a franchising agreement it will be a formal contract between 2 parties which will set out expectations and obligations for both parties. As franchising specialists there are several questions which often get…
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 moreBuilding a profitable franchise business only comes when you have forged excellent partnerships. Clearly the most important is to have strong relationships between franchisor and franchisees but you also must generate the same with suppliers and customers. Having a harmonious approach to all business relationships will help bring success. There are some simple steps to…
read moreThe franchising model is a very popular solution for successful business owners who have a desire to adopt a growth programme, increase brand awareness and boost geographic coverage. The franchisor (business owner) will offer the ability for franchisees to open their own locations and run their own business. The franchisee will become part of a…
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 moreThe team at NGI Franchise Funding are driven to make a difference across the franchising sector. We support both franchisees and franchisors to accelerate growth. We do this through 3 specific areas of qualification, business planning and funding. Let’s explore these in more detail: Qualification The qualification process for a Franchise is a very important…
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 moreAny franchise business that has a variety of different pieces of equipment will face regular challenges in trying to keep them up to date, operating efficiently, conforming to the latest technologies and ensuring optimum productivity at all times. The cost to purchase new equipment though can be prohibitive and this is where equipment leasing can…
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