A strong business plan is often the single biggest factor separating a successful franchise funding application from a rejected one. Yet many prospective franchisees underestimate just how closely lenders scrutinise the detail behind the numbers. Understanding what lenders are looking for and presenting your plan accordingly, can make the difference between a quick approval and…
read moreGrowing a successful franchise is an exciting milestone, but expansion brings its own financial challenges. Whether you're looking to open a second territory, take on additional staff, upgrade equipment, or relocate to larger premises, understanding your funding options and knowing when the time is right to use them, is critical to getting it right. When…
read moreWhen you're starting or growing a franchise, having a clear picture of your future finances isn't just helpful, it's essential. Sales and profit forecasting gives you a roadmap for your business, helps secure funding and keeps you focused on hitting the right targets. Here's how to approach it step by step. Step 1 – Start…
read moreDecember success story This month, NGI Franchise Funding is pleased to share how we helped an established homecare franchisee secure the working capital they needed to sustain expansion and continue delivering vital community support. We recently arranged a £100,000 business loan to strengthen cash flow and enable the franchisee to meet increasing demand for high-quality…
read moreExpanding from a single franchise location to multiple sites is an exciting milestone, but growth comes with financial challenges. Securing the right funding can mean the difference between sustainable expansion and overextending your business. Understanding your options and planning strategically ensures that each new location thrives from day one. Here’s how to get started: Assess…
read moreExiting a franchise is a significant decision that requires careful financial planning. Whether the goal is to retire, move on to a new opportunity or restructure investments, understanding the financial side of a sale is crucial. A well-prepared approach not only maximises value but also reassures potential buyers that the business is structured for a…
read moreFor any entrepreneur planning to buy a franchise, securing the right finance is a crucial step. The good news is that lenders often view franchises as a lower-risk investment compared to independent startups, but they still have a checklist of criteria they expect to be met. Here’s what we feel are the need-to-know facts about…
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,…
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