The bfa’s seminars for prospective franchisees and franchisors have been revamped for 2013. The events, which take place in different cities around the UK each month, have been updated to ensure that they continue to provide the most comprehensive impartial advice possible to those considering entering the franchise sector.
They are the only educational seminars available which feature senior representatives from the bfa alongside expert speakers in a variety of fields, giving delegates a fully-rounded picture of the franchising industry, what franchising entails from the perspective of both franchisor and franchisee, and the next steps to take.
After an introduction to franchising by a bfa representative, advice and information is available on the day from an array of speakers, who each give a short presentation followed by a Q&A session – which means attendees not only gain a vital general overview of different areas of the franchise industry, but they can also ask about their specific situation, address their concerns and discover if franchising is right for them.
Those thinking about expanding their business through the franchise model will hear from an experienced franchise consultant on how to begin, the steps involved and ongoing development; from specialist solicitors on the legal considerations, including the all-important franchise agreement document; from senior banking figures on how best to secure funding for the expansion and the options available for their future franchisees; and from a franchisor who will detail their experiences to date, including what went well for them and what they would do differently a second time around.
Prospective franchisees meanwhile enjoy advice from the bfa on how to spot and evaluate franchise opportunities of interest; from a franchisee on their experiences and day-to-day life; from a legal expert explaining the intricacies of the franchise relationship, including the franchise agreement; from a franchising banker on funding options and why banks like franchises; and from an experienced bfa member franchisor on what they look for in potential franchisees.
If you’re thinking about franchising from either the franchisor or franchisee point of view, then these 1-day seminars really do give you all the objective information you need to know to start crystallising your thoughts, from the people that are best-placed to provide it, with no pressure or hard sell whatsoever.
The next seminars take place on the 22nd and 23rd January in central London. For further information, to see full agendas and to book online, click here.