10th October, 2022-
5 minutes to read
The Franchise Agreement – Everything You Need to Know
The franchise agreement is one of the most important contracts you will sign as either a franchisor or a franchisee. It is the cornerstone of the relationship between both parties as it sets out each one’s rights, responsibilities and obligations. But there are multiple other aspects covered in a franchise agreement which you need to … Continued
- 4th October, 2022
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4 minutes to read
What is the Franchising Code of Conduct?
Franchising across the UK has undergone tremendous changes since the concept of franchising first came about in the middle of the 20th century. One of the most fundamental changes has been the establishment of the British Franchise Association (bfa) as far back as 1977 and the development of its Franchising Code of Conduct. The reason … Continued
- 19th September, 2022
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5 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
- 5th September, 2022
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5 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
- 31st July, 2022
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5 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
- 5th May, 2022
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5 minutes to read
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
- 4th April, 2022
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4 minutes to read
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
- 29th July, 2021
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6 minutes to read
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
- 29th July, 2021
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5 minutes to read
Franchising Fundamentals – Basic Principles to Know
Before entering the world of franchising, it is important to understand what the fundamentals of franchising are. Table of contents: What is franchising? What is a franchising business? Who is the franchisor and franchisee? What are the benefits and drawbacks of franchising? What are the 4 Rs of franchising? What is franchising? Franchising, a term … Continued
