Franchise your Business 9th March (virtual)

The only course in franchising led by the British Franchise Association to support your business growth

If you are keen to scale up in business, franchising should definitely be a consideration. This course will provide detailed information on the following critical areas.

Programme

10:00                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                                             

10.20                Is your business ready to Franchise?                     

•  Key criteria to Franchise
•  Examples of franchise networks
•  Common reasons for failure

10.40                Legal considerations before Franchising                    

•   Insight into Franchisor/Franchisee legal relationship
•   Why is a Franchise Agreement so important?
•   General legal considerations

11.00                Break

11.20                Funding a Franchise                       

•  Why banks like Franchising
•  Funding for Franchisors
•  Funding for Franchisees

11.40                A Franchisors View             

•  Their experience – background to their journey into Franchising
•  Pros and Cons of franchising
•  Three things they would advise

12.00                Franchising – Getting started and the process

•  You want to Franchise – what should you do first?
•  Recruiting, training and supporting Franchisees
•  Becoming a Franchisor

12.20                Questions – bfa

12.30                Close