Franchise Opportunities in North West England - Quickly Build a Successful Business

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Take Advantage of Business Opportunities in North West England

North West England is a region within the United Kingdom that features the famous cities of Manchester and Liverpool. It has a population of over seven million – the third-highest number of any region in the UK.

Today, it’s estimated that around 65% of British franchise brands are active in this area. Capitalise on the sustained growth of the market by taking one of the open franchise opportunities in North West England.

Start a Business Under the Umbrella of a Known Brand

Don’t know what it means to buy into a franchise in North West England? Fundamentally, you’ll be given a licence to use a particular company’s intellectual property and brand name for a certain number of years. You’ll also be able to sell the company’s products and services as your own within an exclusive, geographically-defined territory.

Franchises are present in many industries. These include cleaning, education, childcare, real estate and computing, to name but a few. When you start your search through the North West England franchise opportunities on Franchise Fame, look for one that matches your interests and future goals.

You Won’t Have to Risk It All

There are approximately 50,000 franchises in the UK and they combine to generate circa £15,000,000,000 for the economy. Further to this, recent studies show that 90% of franchises in North West England become financially viable – there’s limited risk! Plus, when you compare this high rate of success to the 85% failure rate of independent startups, the best course of action becomes clear.

How else will you benefit from investing in a franchise in North West England? For starters, you’ll gain brand recognition. You won’t have to build a reputation from the ground up, you’ll inherit a pre-made one. What’s more, you’ll get the support you need to become successful. This assistance will encompass everything from training to marketing. But perhaps the greatest advantage you’ll gain is the power to manage your own working hours.

What are you waiting for? Take your first steps on the road to financial independence by seizing a North West England business opportunity today.

What Would It Involve?

In the event you became a franchisee, it would be your responsibility to set up an operation in your assigned territory. You’d be office- or home-based, depending on the requirements of your franchisor.

Your role would involve managing your franchise in North West England, organising your staff, promoting your services and products and upholding the standards of your parent company. Never had a sales or marketing position before? Don’t worry. Your parent company will teach you how to identify a new business opportunity in North West England and then profit from it.

Fees, Expenses & Funding

To invest in a franchise in North West England, you’ll need capital that covers the initial fee, startup costs and ongoing expenses. The cost can be significant, especially if you plan to buy a multi-unit franchise. But rest assured that you won’t be expected to pay for it all yourself…

The franchisor you want to partner with may be able to give you capital, although this is unlikely. This being said, most franchisors have pre-established relationships with high-profile financial institutions. Therefore, they’ll be able to connect you with a lender who can give you the funding you seek. Customarily, a prospective franchisee can get financing that covers up to 70% of the investment. This is because franchise opportunities have a high rate of success and are seen as low-risk ventures in financial circles. However, to be eligible for this support, you must have an income level and credit score that matches certain criteria. This will be determined by the particular bank you approach.

How do you go about securing a loan? The process is relatively simple. You’ll present a business plan, your proposal will be evaluated and then it will either be approved or rejected. What should this plan contain? A description of the franchise opportunity, a financial forecast, your operational strategy, how you plan to use the funds you’re provided with, and so on.

There’s no getting around the fact that taking on a North West England business opportunity is a substantial financial commitment. You must be sure that you’re willing to accept this before you proceed.

Presenting Franchisee Training Programmes

If you take a close look at the North West England franchise opportunities featured on Franchise Fame, you’ll see that each one includes different levels of training and support. All involve some kind of training programme, but the contents and duration of these courses are wide-ranging. Most only take up to a week to complete and are performed in classroom environments or online. You’ll be taught how to market your operation, recruit staff, complete services and much more.

It’s important to realise that some franchisors will ask you to undertake on-the-job training in a real outlet to ensure you’re properly prepared. But this type of instruction is normally reserved for restaurant or fast food franchises that require you to manage a brick-and-mortar establishment. On top of training, you’ll also likely be provided with operational manuals containing a full breakdown of the business model. Plus, you may be given access to your parent company’s online educational resources.

To ensure your franchise in North West England is a success, your franchisor will give you bespoke systems. For instance, you could be given custom-made customer relationship management software, that makes it easier for you to handle your client base. Moreover, you’ll be given advice and guidance whenever you need it. This may be delivered by a mentor or coach who’s been assigned to help you during the transitional period. Either way, there will always be someone to help you.

The Way Forward

It goes without saying that you’ll want as much information as possible before you decide on a business opportunity in North West England. To get these details you’ll need to send enquiries to any franchisor you’re interested in partnering with. As a prospective franchisee, you’re entitled to a prospectus – a brochure that outlines the franchise opportunity in full. It’ll contain all the relevant investment information, as well as a forecast of your potential earnings. You can start making enquiries now by using the forms featured on our franchisor pages. But if you’re still hesitant and not sure how to get the ball rolling, you can contact us.

You must bear in mind that you won’t be suitable for all the open franchise opportunities in North West England. Some will require you to have specific qualifications and experience. This is why, once you’ve made your enquiries, you’ll be asked to take part in a Discovery Day. This is an in-person meeting where you and the franchisor can discuss your professional background. If the company’s representatives determine that you’re suitable, you’ll be able to move forward and make an agreement.

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