19th September, 2022-
11 minutes to read
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
- 12th September, 2022
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13 minutes to read
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
- 5th September, 2022
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9 minutes to read
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
- 25th August, 2022
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11 minutes to read
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
- 19th August, 2022
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13 minutes to read
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
- 16th August, 2022
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8 minutes to read
Why We Should Encourage More Women Into Franchising
The world’s population is almost evenly distributed between men (50.42%) and women (49.58%). As such a huge force, and with their inherent talents, women are a force to be reckoned with and they require the right business opportunities to help empower them and through them, others. There’s various research on the topic of women in … Continued
- 31st July, 2022
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9 minutes to read
What does a successful franchise model look like?
Franchising as a business model, developed more formally just over two centuries ago, although it has been in existence in less formal structures for even longer. Franchising is an excellent way for aspiring entrepreneurs to establish themselves in the business world with a strong support structure, which means that they don’t start from scratch. Instead, … Continued
- 27th July, 2022
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5 minutes to read
How to Know If Your Business is Franchisable
There comes a time in many entrepreneurs’ lives when they consider franchising their business. But how do you know if your business is franchisable and when the right time is to make this big leap? If you were to ask a business franchise consultant, they would offer you similar advice to what we have prepared … Continued
- 25th July, 2022
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10 minutes to read
How much does a franchise cost upfront and which one to choose?
One of the crucial factors for potential franchisees in making a purchasing decision and buying a franchise is the cost of owning a franchise. Since this is an important investment, which will depend on your levels of finance, you need to know exactly what you’re getting into. But the franchising world can seem a bit … Continued
