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
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
What does franchising mean in business?
The world of commerce is huge. It has gone through many transitions and transformations over the centuries but one thing that drives it is the profit motive. A business can have many forms and types. And franchising is one of these. But what is a franchise business and what does franchising mean? We take a … Continued
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
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
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
The Most Important Benefits of Franchise Opportunities
Irrespective of the type of franchise you find yourself interested in, franchising as a whole presents multiple advantages for the business owner. It goes without saying that it’s much easier to establish as opposed to a normal startup, but it also opens up many doors as well as a world of opportunities that a regular … Continued
Things to Consider Before Buying a Franchise – Make an Informed Decision
Don’t Rush in! There are many things to consider before buying a franchise. These include, but aren’t limited to, expenses, potential profitability, demand for products and services and franchisor track records. Before you commit to any agreement, it’s highly recommended that you take the time to perform thorough research. Learn What Questions to Ask Before … Continued
Internal Communication Strategy for Franchises
Creating an internal communication strategy for franchises may seem daunting, but it doesn’t have to be. By following a few simple steps, you can develop a plan that ensures your internal communication is aligned with your business objectives. Your primary goal should be to maintain consistent, supportive communication that reflects your brand. But how do … Continued