Franchisor

What does a franchisor ask of a franchisee?
What Does A Franchisor Ask Of A Franchisee | Franchising Advice Oxford

What does a franchisor ask of a franchisee?

When you have built up a successful business and decide the time is right to go down the franchising route, arguably the most challenging task will be to find the right franchisees. The process is very similar to when you are looking for new employees, you want a person that you can trust, that has…

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Getting the right franchising agreements
Getting The Right Franchising Agreements | Franchising Help | Support with Franchising

Getting the right franchising agreements

The franchise agreement is arguably the most important thing to get right in the whole process of becoming a franchisee. It is normal for an agreement to be written in favour of the franchisor, so it is vital to use a specialist franchise solicitor to review the documentation and explain it to you in plain…

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How does a franchisor make money?
How Does a Franchisor Make Money | Franchising Specialist

How does a franchisor make money?

Most people assume that making money from franchising a business comes from the franchise fees. However, this is not the case, in fact usually the franchise fees are a loss leader. The money comes from royalties, the ongoing fees that the franchisees pay to the franchisor on a regular basis as either a flat rate…

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The importance of discovery days
Importance of Discover Days | Franchise Discovery Day | What Are Discovery Days

The importance of discovery days

Discovery 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…

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Financing your franchise
Financing Your Franchise | Finance to Purchase Franchise | Financial Advice for Franchise

Financing your franchise

When 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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