Single-Unit vs. Multi-Unit Franchising
Before getting involved in franchising, it’s important to consider the options in front of you. Every entrepreneur has different goals, skills and financial resources and these will necessarily dictate what sort of franchising they get into. One example of the careful consideration that you would need to take into account includes the types of franchises … Continued
Inspiring leaders: Lessons from the life of the Queen
The nation is in mourning. A fundamental pillar of our social structure is no longer with us. Queen Elizabeth II has passed on. For seven decades, Britain’s longest reigning monarch has been at our side, through trials and tribulations, offering hope and encouragement where necessary and serving the nation in true dedication to the crown. … Continued
Conflicts Between Franchisee and Franchisor – How to Resolve Common Franchise Disputes
Conflicts take place in all parts of life and the franchisor and franchisee relationship is no exception. There are commonly-occurring conflicts between franchisor and franchisee that you should anticipate and know how to address if you want your relationship to be as successful as possible. This article explores the sources of some of these conflicts … Continued
Franchisee Recruitment Process: Dos and Don’ts
As many franchisors across the UK and the world expand into new territories, they require a franchisee partner to help scale their business. But the franchise recruitment process is not as straightforward as one might think. It requires a lot of effort and preparation and while there are some best practices, there are also loopholes … Continued
How To Choose a Franchise Industry
The Great Resignation is upon us as millions of people are looking for new opportunities to actualise their potential. With this, some franchise industry trends on a global scale indicate that franchising is quickly becoming the go-to business model due to its elegance and simplicity as well as scalability and proven profitability. If you’re one … Continued
Things You Should Expect From Your Franchisor
Entering the world of franchising presents an exciting and lucrative opportunity to be your own boss while having all the support systems in place to ensure your business takes off. In fact, one of the major selling points of any franchise is the franchise support they provide to prospective franchisees. This support is critical to … Continued
7 Reasons Why You Should Buy a Franchise In a Recession
The Bank of England recently announced that the UK economy is predicted to shrink in the last three months of this year. This negative growth is expected to last until the end of 2023. So what does this mean for individuals and business owners? Apart from the emotional upheaval of uncertainty, negative economic growth affects … Continued
How To Buy a Franchise and Where To Find a Good Opportunity?
You’ve already decided that you want to buy into a franchise. Perhaps you’re convinced that it’s the best option for you after considering the multiple benefits that come with it. From a proven business model to marketing and advertising help and even training and ongoing support – there is very little that makes a franchise … Continued
Are Franchises a Good Investment?
An ever-growing number of people in the UK are looking at business opportunities. In fact, recent research shows that the number of individuals interested in starting a business has increased to one in three from one in seven last year. As a major part of the business scene, franchises are quickly coming to the fore … Continued