How do you franchise your business? Franchising is a great way to quickly and cost effectively grow your business but how do you franchise your business? There are several steps you need to take to successfully franchise your business including; Franchise feasability study – First you need franchising expert advice to see whether your business …
Is my business ready to franchise? Are you seeking business growth and wondering whether franchising is right for your business and that is your business ready to franchise? The main fundamental questions you need to answer the question is my business ready to franchise are as follows; Are you a successful business? – I know …
Why use franchise business consultants when franchising your business? So you are a very experienced entrepreneur and have both grown a very successful business, perhaps even being the leading company in your field, so why use a franchise business consultant to franchise your business? The main reason is simple, experience. Franchising a business properly is …
Top 5 reasons to franchise your business? Considering franchising your business in the UK? Please see below the top 5 reasons to franchise your business; Rapid growth – Franchising a business can lead to exceptionally rapid growth for your business. Compared to organic growth franchising is an extremely low cost and potential fast way to …
What are franchise experts & why use them to franchise my business? You know how to run your business as you have a very successful business and wish to franchise the proven business model, so why use franchise experts? What you need to understand as potentially a new Franchisor is that is regardless of your …
What are the advantages of franchising your business internationally? Many growing small businesses in the UK dream of growing a national brand, franchising a business has helped many achieve this over the years, but what about international expansion via franchising? Is this possible for a small business? In a word yes. The beauty of franchising …
What is a franchise business model? Most people are aware of the big food franchises like KFC, McDonalds etc but do not realise how many industries franchising covers or indeed what is a franchise business model. A franchise business model can be any type of business and is basically an agreement to use the same …
Why franchise a business? Franchising represents around £15bn to the UK economy so why are so many small business attracted to franchising and why franchise a business? Franchising is a great way for small business to expand for many reasons, here are a few; Raise capital fast – If you grow a business organically usually …
Should I franchise my business? So you have a trading and successful business in your local area and are considering all options, considering franchising and ask yourself should I franchise my business? Well in that case you need to understand the pros and cons of franchising first before you start down the road franchising the …
When to franchise your business? Are you considering franchising your business and wondering when to franchise your business? Before you consider the below indicators first you need to look closely at your own operation. Ideally you need a minimum of 3 years trading successfully and profitably before you franchise a business. There are lot’s of …