Advice and Guidance

The thought of potentially taking ownership of a franchise may be a rather daunting process, but in reality, it’s actually a great method to starting a business with an established reputation and brand name. So, what is a franchisee? A franchisee is an individual that purchases the license from a Franchisor that will in turn grant them the right to ‘replicate’ their established franchise opportunity. The Franchisor will allow the franchisee or investment group to operate with the Franchisor’s tr...

Paul Boniface, Franchise Director of Ableworld the leading mobility retailer talks us through what you must do in order to assess whether or not your chosen franchise territory is suitable for the franchise you're interested in. Paul Comments, Check how your franchisor has drawn up their territory map. Have they used a reputable mapping company? Ableworld used Atlas Mapping to map the country into territories based on the actual performance of its existing franchise network. Demographical...

1) Dedicated Premises Based Opportunities A Dedicated premise based opportunity requires a specific space or unit to operate from. These usually require centres where products can be manufactured and stored, ready to be distributed to customers within their franchise territory. This could be anything from making signs, blinds and selling mobility scooters to the elderly. Again, it’s important to note that franchise opportunities that require a dedicated premise will entail higher overheads with...

There are many franchise management styles to be aware of if you're seeking the increasingly popular franchising route. Our friends at the Interface Financial Group have put together this insightful franchising piece to help you better understand Franchise Management. Leadership coaches agree, there are six predominant management styles: Directive, Authoritative, Affiliative, Participative, Pace-setting and Coaching. Every leader has a preference – a bias – for one style over another. The bes...

So, you’re interested in buying a Franchise? But don’t truly understand the extent of how much capital is required to fund your dream business…. Let us break this down for you. Franchises completely vary depending on the sector and type of franchise opportunity, some are work from home and others may be van based franchises, kiosk franchises, retail franchises or office based franchise opportunities. Naturally a retail based franchise would incur greater costs than a work from home franchise opp...

That’s right, £3 BILLION British pounds makes up the UK cleaning and hygiene industry. And with so many cleaning franchises available to you today, isn’t it about time you had a look. Chemex Chemex is a full member of the bfa and is a UK based and owned franchise with a truly unique offering. Our franchisees are trusted distributors that provide top-quality products and services to a wide variety of customers via a professionally-equipped van within their territory. This franchise is ideal...

Franchising is a ‘joint venture’ between an independent person (the franchise owner) and a business owner (the franchisor) who want to expand their activities and franchise network. The venture is governed by a franchise legal agreement (or contract). This gives the franchise owner the right to operate using the franchisor’s trade name/trademark, in accordance with their business format for a specific period of time. All aspects of the franchise owner’s business are strictly controlled includin...

Where do I begin? If you can find something you love to do, you do it well, and you can make money doing it through being your own boss, you've found the sweet spot. That;s easier said then done, the challenges you may face are as follows: How do i exit my current job? Do I have enough funds/backing to set this up?Do I have the motivation to make that leap? For once, this is one of those articles where it's not just a case of me advising you what to do purely based on common sense and what I...

As you begin your franchise journey, entrepreneurship looms large like a mountain, intimidating and tempting you at once with its many roads and challenges to be climbed and conquered. The first step is always the hardest. A mixture of fear and trepidation stop many in their tracks. After all, entrepreneurship is a risky journey. But, as Seth Godin, founder of Squidoo, author and blogger says, “the only thing worse than starting something and failing…is not starting something.” To kick...

Just wow… you’ll take note of the franchising sector after reading this piece. Before we get to the eye watering facts and figures, it’s imperative that you undertake thorough research before A) Deciding whether franchising is for you. B) What Franchise sector is right for you. &… C) What franchise offering meets your profile. Franchising is a truly wonderful concept, that in my opinion is underwhelmingly underrated, how often do you hear franchising pop up into a conversion? And we’re not...

A franchise exhibition allows you to communicate at will with brands from varying sectors and to truly better understand their respective offerings. Franchise Exhibitions are the perfect platform for you as a potential franchisee to collect and compare vital information from the vast array of franchise brands on show. There will be brands covering all sectors, from fast food franchises and estate agent franchises to pet care and accountancy franchise opportunities. Franchise Events such as sh...

Bill Gates once declared he would spend his last dollar on PR, but would you? As a franchisee, your brand will be defined by your franchisor but ultimately marketing decisions are down to you. To start, don’t think about your last dollar. Focus instead on this tried and tested marketing advice for franchisees. Follow the guidelines Marketing is an inherently risky sport. Knowing which techniques will work, and which won’t, is a mystery for most. But franchisees are in the unique position of...