The British Franchise Association have launched a comprehensive franchising guide, available online via the bfa website here.
The bfa’s mission is to be the leading educators in ethical franchising and have compiled this online booklet to educate people thinking about getting into the sector as a franchisee, and for those thinking of franchising their business. Bite-sized articles present how to get into franchising in a reader-friendly way for those who are thinking of being their own boss.
The guide has been produced to provide free, simple advice, showcase various case studies and contact information of franchises, as well as details of accredited professional advisors within the franchise industry, so whether you are a prospective franchisor or franchisee, you will have all the knowledge and facts to make an informed choice.
The guide advises prospective franchisees on various aspects of franchising and answers those most asked questions, such as how to find out what franchise is suitable for you and why franchising is a viable option when looking to buy a business. The guide also offers a list of questions that you must ask franchisors when looking into buying their business, covering costs, operations and support. There’s even a flow chart which you can follow to see whether franchising is a good professional and personal career choice for you at this moment.
There are links to numerous bfa courses which you can take as a prospective franchisee and franchisor, with the aim of the guide to be fully interactive.
Pip Wilkins, CEO of the bfa says: “I believe there is no better way to understand the industry of franchising than from people who have lived through it. So we have included case studies of franchisees to show people what a franchise journey is really like. Coupled which free expert advice and guidance, and links to our online courses, you will fully understand franchising, and whether it’s for you or not. We want your journey into franchising to be a positive one, with no ambiguity or hidden surprises, and with this guide, there won’t be.”
To access the guide, all you need to do is follow the steps once you’ve clicked the link.