How to Value a Franchise Business
Determining the value of your business is an important first step in starting the process to franchising. Alternatively, if you’d like to sell your existing franchise business or you’ve got a franchise unit for sale, you need to know how to value a business so that you get the best price for it. While there … Continued
Which Industries Are Most Likely to Franchise?
In the UK, the franchise industry, although unregulated, is extensive and it’s expected to see continued growth over the coming years. If you currently run a business and want to know what are the most common franchise industries or you’re a prospective franchisee doing their homework, you’ve come to the right place. In this article, … Continued
How to Franchise Your Service Business
If you currently run a service-based business and it has performed well over time with a proven business model, you may now be thinking about business expansion. One option you have is franchising. But with this comes the question of how to franchise a service business. Especially since service franchising, and franchising in general, are … Continued
How to Expand Your Restaurant Through Franchising
If you have a successful restaurant business and you’ve already expanded into a couple of locations, you may have given some thought to franchising your restaurant. Franchising comes with many advantages. For starters, it can offer you more capital as you recruit franchisees to help you with your expansion efforts. You can save time as … 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
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 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
Why franchise your business
Entrepreneurs who are currently running their own business may have considered the business franchise model as a method of scaling up and growing their business. Franchising undoubtedly comes with many advantages and these are discussed in more detail below. Let’s take a closer look below. Advantages of business expansion The benefits of franchising cannot be … Continued
Should I franchise my business?
When thinking of a successful franchising business, some ideas may immediately pop into your head. You may think of McDonald’s, Dunkin’, Subway, Marriott, Holiday Inn, and others. These are all examples of successful franchises. And what’s interesting about them is that these are businesses that span a variety of industries. When it comes to the … Continued