Franchise Your Business 6th June

Franchise Your Business 6th June

Date: June 6, 2023
Venue:
QFP Points : 0
Cost : £50 +VAT

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

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