So, you’ve made the big decision to franchise your business but how do you find the right franchisee? To protect your reputation, it is key to have the right people in place, someone who can not only run the business successfully but who will also represent your values and brand. Here are some key points…
read moreDiscovery days are an important business tool for any prospective investor, allowing them to learn more about new franchise opportunities. Franchisors will use discovery days as part of their recruitment process. Getting potential business owners in 1 place, networking with other like minded professionals, giving them a captive audience with the ability to promote why…
read moreAny new entrepreneur will have a big decision to make from the outset of their business ownership journey. Do they set-up a brand-new business from scratch or do they look at buying a franchise. The following are what we see as the key benefits for purchasing a franchise: The business model is already proven to…
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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