Why invest in a low-cost franchise
September 12, 2022
A low-cost franchise does not mean low returns. In fact, buying a business on a budget can be the smartest business decision you will ever
A low-cost franchise does not mean low returns. In fact, buying a business on a budget can be the smartest business decision you will ever
If you’ve ever thought about starting your own business, don’t shy away now. This may be the best time to start your own franchise. Introduction
Franchising is a huge deal here in the UK, so what’s all the fuss about? And is it the right path for you? If you’re
Caremark Franchise Director Mark Thompson talks about the key elements to running a successful franchise business. Buying into a franchise is an extremely considered purchase
As a franchise owner, customer feedback is essential to the survival of your business. Not only does the feedback guide and inform your decision-making, it
Selling a franchise business can be a big step in someone’s life and one that needs careful consideration. The prospect of valuing your franchise can
In the fast-paced world of franchising, it can be challenging to know how to make your mark and lead the way when it comes to
With the pandemic forcing people to consider how and where they work, more businesses are going on the market now than in recent years. So,
Today’s consumers expect a lot from the businesses they frequent. More options mean more competition, and accepting customers’ preferred payment types can make or break
A relative payment newcomer, buy now, pay later (BNPL) is rapidly growing in popularity. BNPL offers consumers an attractive alternative to traditional credit by allowing
You probably already know that the UK contactless card limit is increasing to £100 in mid-October. Society is becoming increasingly cashless, and the UK government
Running a successful franchise is all about maintaining a high quality brand despite the challenges that come with franchising your business, and comprehensive training for
Finding the right finance can be a real stumbling block for prospective franchisees – and a major challenge for franchisors hoping to recruit them. Without
For those outside of franchising, it’s a common notion that becoming a franchisee is essentially just paying for a job. However, this simply isn’t true.
The basic presumption of operating a franchise is that it is a system of operating your business. This applies whatever the business activity actually is
By Andy Cheetham Managing Director of Lime Licensing Group Interestingly, some franchisees will risk their entire business and personal reputations by deliberately breaching their franchise agreement with
Managing employee wellbeing | new podcast and free guide Sunday 10 October marks World Mental Health Day, which aims to raise awareness of mental health
The journey into franchising is an exciting one. But before you sign anything, you should be sure to ask the following questions to your prospective
We’re all used to sharing our experiences online – from the restaurants we visit, to the products we buy and the services we procure. Here,
Burnout is real. Multiple lockdowns and the constant uncertainty of the pandemic followed by an dramatic and sustained spike in demand has left franchise employees
I’ve been a franchisor 6 times now, 5 brands have been sold some time ago, all as profitable franchised brands with hundreds of franchisees between
There aren’t enough hours in the day. It’s something we all complain of and for many, the pandemic has exacerbated the issue. The rise in
Paul Dodgshon is Sales Director of Business Partnership, a unique national franchise network of 21 regional offices connecting business sellers with business buyers. With over
Franchising continues to gain momentum in the UK despite challenges presented by the Covid-19 pandemic and other economic conditions, with franchises across a broad range
“Franchising is one long conversation, chequered by disputes”. If Robert Louis Stevenson had pursued a career in the franchising industry, rather than becoming a poet
At the start of 2021, The Netherlands passed a specific law which regulates franchising. In doing so, it has become one of a growing number
The Franchise Agreement is the document that governs the relationship between a franchisor and a franchisee. It sets out the rights that a franchisee has,
Why is it important that a prospective franchisee consults a lawyer before investing in a franchise? A steadily increasing number of countries including, most recently,
Marc Talbot, Head of International Franchise Development at HSBC What’s the best way for an ambitious brand to enter a new market? Is it to
The UK franchise industry is in genuinely rude health. Franchising in the UK is now worth an estimated £17 billion to the economy and employs
When you market your franchise opportunity, you obviously want to make it as appealing to the right sort of people as possible – the ‘right
There are two frequently used approaches in expanding overseas. The first involves the ‘proactive’ franchisor conducting a detailed analysis of potential target countries followed by
The beginning of a new year and a new decade is also a time of new opportunities. Among the most attractive is the opportunity to
Women are currently joining the franchise industry in greater numbers than ever – and according to the International Franchise Association, it’s a global trend. In
At the beginning of every year there is a renewed interest in franchising, and despite the challenges with Covid and Brexit, this year is no
My 10 year old’s hero is Dan TDM. Dan is neither a sports star nor a musician, but a 20 something gamer and YouTuber from
Franchising has come of age. Originating with Albert Singer in 1851 (who used franchising as a method of distributing and servicing his eponymous sewing machines),
Ever since GraemeMcKinnon’s first career in nursing, he has had a strong desire to help other people and when he moved into business, he never
While most people starting out in franchising can only dream of decades of success in business, David Truby, MD of Greensleeves, has been there and
Care at Home facts and statistics: covering the number of providers, service users & the workforce and how the market is continuing to grow, year
Guardian Angel Carers UK Home Care Franchises – A Growing Opportunity Our Guardian Angel Carers Home Care franchise family is with you every step of
Most businesses within the Hospitality and Leisure sector will have worked hard to survive during the pandemic. The basis for this survival has encompassed various
The Department of Business, Energy and Industrial Strategy (BEIS) has unveiled its plan to decarbonise heavy industry across the UK in the new Industrial Decarbonisation
Several of our customers have asked us if we could simplify what the Ofgem Targeted Charging Review (TCR) means in terms of changes to the
Spotting issues early enables action to be taken. This is particularly so when it comes to the financial health of a franchised network. If overspend
As the end of the third national lockdown nears, franchises must prepare for a dramatic and sustained influx of customer enquiries, according to research from
Utility Management for a large organisation is not a straightforward task, as any energy professional will tell you. And in the coming months and years
While most businesses already have a comprehensive strategy in place for their electricity and gas consumption, water management is often overlooked. And it’s easy to
Terminating a franchise agreement is sadly, what some franchisees are considering at this present time as well as looking at other options under their franchise
Does your business have what it takes to become a franchise operation? Franchising There is no legal definition of franchising but a franchise is a
The regulator for the water sector in England has published an update outlining the support available for business customers during the coronavirus pandemic. COVID-19 Repayment Scheme
Water is often referred to as ‘the forgotten utility’. While many large businesses are clearly focussed on their comprehensive energy strategies, it seems many are
Managing your energy can be a time-consuming and complex task for any business. But for an organisation with a large portfolio, getting your energy strategy
When starting a business or choosing a franchise to invest in, one of the most concerning aspects for people is often their lack of experience
Business energy bills are complex, there’s no doubt about that. With a widening range of non-commodity costs now taking up a majority share of the
Why Choose a Franchise? Joe Hinton MD & Founder UK Business Mentoring Group
Introduction The great majority of franchise agreements contain an obligation on franchisees to comply with their franchisor’s insurance requirements. Such clauses then list the insurances
Businesses face a huge of cost outlay to enable them to deliver their products and services, and with a volatile energy market, utility bills can
At its finest, franchising allows people the opportunity to buy into an existing, successful business model that comes with a proven track record, a successful
In Europe, the suburbs are making a comeback, and it all started before anyone had even heard of Covid-19. In the UK, pre-pandemic, there was
By James Thomas QFP, Commercial Manager d&t Another day, another lockdown. Necessarily so, but thankfully the vaccine now offers real hope of a return to
ESTABLISHING BUSINESS Entrepreneurs are people with an idea that works. They might be establishing a franchise business for the first time in the UK or
With everything franchise firms have coped with in 2020, being Brexit ready seems to have slipped down everyone’s to do list! According to a recent
Great question! Maybe you should, maybe you shouldn’t. Let’s explore some of the major factors you’ll need to consider before reaching a decision. What can
As domestic cleaning franchise, Poppies, celebrates the 40th anniversary of opening their first office in 2020, the whole network gets to look back at the
THERE ARE 4 KINDS OF QUESTIONS YOU ARE LIKELY TO BE ASKED: 1) What have you done in your career to date? 2) What do
Franchise agreements are usually lengthy (around 40-60 pages) and contain many obligations and restrictions on franchisees. Before signing the agreement, it is important to take
Is your business ready for the changing IR35 tax rules? Background to IR35 Personal Services Companies (PSCs) became increasingly popular in the 1990s and allowed
5 New Year resolutions to help you prepare for employing EU nationals after Brexit With the new year now upon us, if you run a
Richard Langrick at Ashtons Franchise Consultancy delves down into what franchise and operations manuals are and the benefits of them The question that all potential franchisors
Push Group shares its tips and tricks to refresh one of your most valuable sales assets and be ready for the ever-changing digital environment Consumers
The bfa shares insight into how it helps to contribute to further learning and development for individuals and for businesses CPD (Continued Professional Development), is
The British Franchise Association investigates the importance of rebranding your business in order to keep relevant, maintain consumer confidence, and build trust Whether you are
Before taking the plunge and putting a franchise business up for sale, there are several things a franchisee should consider and a number of actions
Excitement, anticipation, hope and ambition, as well as trepidation and nervousness: the swirl of emotions going through a new franchisee’s mind as they take on
Adam Lovelock is a Director and Head of Online Marketing at Coconut Creatives, a reputable franchise marketing agency. Based on his experiences of working with
I have been amazed over the last few years on how many franchisors are willing to partner with a franchisee without checking who they are
For franchisors and franchisees social media is a double-edged sword. It’s something of a mixed blessing at best and for many, arguably, a complete irritation
The franchisor-franchisee relationship is the bedrock of a successful franchise business. The last thing you want is to become embroiled in a lengthy, costly legal
We caught up with Suki Dehal, Franchise Development Manager, for Lloyd’s Bank to ask him some of the hard questions Franchisors or Franchisees face when
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