Joining a franchise
If you're looking at various franchise opportunities there are some key considerations that you need to bear in mind; you need to take the time to understand franchising and appreciate where the opportunities and pitfalls are. This robust business model, fuelled by dedicated individuals, encompasses many different skills and backgrounds – opening up a multitude of opportunities for people looking for a new start. Research is the first step you need to take.
You first need to find out whether franchising is right for you before you start looking at the individual businesses.
You will then need to look at the businesses that franchise and see which franchise opportunity is suitable for you (if any). With hundreds of different brands, investment levels and business types, we hope that the information here will help you take the right steps in franchising.
What is absolutely essential is making sure that you have the right information, advice and guidance. When franchising goes wrong it is often the result of both the franchisor and franchisee not having taken the right steps to make sure that the match was suitable. Don’t rush through your research. Take your time and you could find yourself as a business owner with a new dream lifestyle.
In this section you will find:
- What is franchising
- Key considerations
- Franchise Seminars
- The pros and cons
- Questions to ask the franchisor
- What bfa membership means to you
- International franchising
- Important legal advice
- Understanding franchise fees
- Gaining finance
- Gaining the right advice
- Professional franchise advice
- Key franchise media
- Franchise exhibitions
- Franchise open days
- Different backgrounds in franchising