The only course in franchising led by the BFA to support your business growth (held virtually)
If you are keen to scale up in business, franchising should definitely be a consideration. This virtual course will provide detailed information on the following critical areas.
Programme
09:00 Welcome and Introduction to the bfa
- Franchising – what it is and what it’s not.
- The aims of the BFA
- Brief overview of the Franchisors and Franchisees obligations
09:20 Is your business ready to Franchise?
- Key criteria to Franchise
- Examples of franchise networks
- Common reasons for failure
09:40 Legal considerations before Franchising
- Insight into Franchisor/Franchisee legal relationship
- Why is a Franchise Agreement so important?
- General legal considerations
10:00 Break
10:20 Funding a Franchise
- Why banks like Franchising
- Funding for Franchisors
- Funding for Franchisees
10:40 A Franchisors View
- Their experience – background to their journey into Franchising
- Pros and Cons of franchising
- Three things they would advise
11:00 Franchising – Getting started and the process
- You want to Franchise – what should you do first?
- Recruiting, training and supporting Franchisees
- Becoming a Franchisor
11:20 Questions – BFA
11:30 Close
