What Businesses Are Franchises And How To Buy Into a Franchise?
The chances are that you’ve purchased goods and services from franchise businesses in the past without really realising it. Not all franchises are as big as McDonald’s or Dunkin’ with such a wide global footprint. There are also small franchises or even mid-level ones that you can explore on your road to entrepreneurship. When looking … Continued
The 3 Steps To Franchising Your Business
As a successful entrepreneur, you’ve been there, done that and seen it all. You have done what most haven’t accomplished and that’s not only ensuring your business survives, unlike many other startups, but also seeing it to consistent profitability. At such a time, it may have crossed your mind to franchise your business as you … Continued
5 Most Common Funding Sources For Franchise Business Development
To develop, maintain and continue growing a franchise operation requires skill, time and money. From consultation costs, marketing and advertising fees, operational equipment, products, staffing and payroll, utilities and more – one thing is certain. And that is that the world of franchising requires some form of capital in order to get going. If, after … Continued
How to Get Funding for a Franchise
Venturing out into the franchising world is an exciting concept. You’ve already familiarised yourself with its benefits, features and modes of operations and you’re convinced that it’s for you. You’ve settled on a franchise brand and you’re ready to proceed. But one thing is stopping you and that’s the actual financial investment. It’s true that … Continued
Franchise vs Independent Business – Which is Best for You?
Becoming your own boss is a dream for many people who’d like to escape the rat race and venture out to make a living on their own. With this decision comes the very important question of which business model you will go for. Will you choose a franchise vs an independent business? Before you answer … Continued
Where to Find Low-Cost Franchise Opportunities in the UK
Investing in the best franchise opportunities in the UK doesn’t have to mean a hefty price tag. In fact, you can find excellent franchise opportunities for under £10,000. You can even find really great opportunities for under £2,000. As always, different franchise networks have different benefits that make them suitable for different people. It’s not … Continued
How to Find the Best Fast Food Franchise in the UK
Fast food is one of the most reliably profitable industries to go into in the UK. Especially if you’re starting your new business under a known brand name and are following proven processes. That’s exactly what the best fast food franchises in the UK will do for you. A franchise gives you the support you … Continued
Getting On The Same Page With Your Franchising Brand Consistency
A brand is an intangible business asset that has a lot of value. It speaks volumes about your company’s story, its principles, vision, mission and values. And if managed correctly, it can lead to impressive results. While this may be somewhat easier to manage with a sole business owner, with franchising things get a bit … Continued
When Will Your Business be Ready for Franchise Development?
Franchising is an attractive option for many business owners because of the wide array of benefits that it offers them. From earning royalties by selling a franchise unit to gaining a wider foothold in the industry you’re in, franchising is certainly worth looking into. Especially if your business is doing well, has steady ROI and … Continued