Already have an established business? Congratulations! You should be proud. Building a successful business is a true display of creativity and commitment. So now, what about the future? Developing your business through franchising could provide a very attractive alternative to organic growth, but it’s not an overnight process. That’s why we’re here to help you every step of the way.
Complete the BFA free online Prospect Franchisor Certificate or Join the ‘Franchise Your Business’ Seminar – Fully prepare yourself to become a franchisor by understanding the benefits and successes that franchising can offer, giving you the best chance of flourishing into a nationwide brand.
You need to teach your business to others so that they can replicate your way of doing things with your branding, training, tools and equipment. This is essential so that potential franchisees can operate their business profitably elsewhere.Â
Expansion through franchising can be cheaper than organic business growth, but you’ll need to invest at the beginning. Writing a franchise agreement, producing a detailed operations manual, adapting the structure of your business, marketing, franchisee recruitment and professional guidance – all these are part of the process.
Not all new franchisees have business experience. They may rely on the support of their franchisor not just to set up their business, but also for continual help on their road to success. This long-term commitment to those who buy into your brand is fundamental to the sustainable, ethical growth of franchising.
Franchising your business can feel overwhelming initially. Our network of accredited advisors (including banks, accountants, solicitors, media partners and franchise consultants) are there for you – giving you the confidence to develop your ethical, sustainable and successful franchise.
This could be a real investment in your future, as like any other business, it can be sold to generate a profit for your retirement or future investments. With that in mind, developing strong business foundations is essential and something our industry advisors are able to support you with from the beginning.
Join the BFA, show the franchising community that you are committed to ethical franchising and sustainable business practises. Continually learn from us and your peers.
Franchising your business can feel overwhelming initially. Our network of accredited advisors (including banks, accountants, solicitors, media partners and franchise consultants) is there for you – giving you the confidence to develop your ethical, sustainable and successful franchise.
Understand more about franchising, your responsibilities as a franchisor and the opportunities it could bring – all delivered by the UK’s leading franchise experts.
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