Advice and Guidance

So, the whole world is in lockdown, many businesses are shut, schools closed, and the elderly are in isolation, but does this really mean you have to place your future aspirations on hold? Just this week it was announced that fast food franchising giants McDonald’s and Five Guys will be reopening selected stores across the country to allow for delivery and collection. This is on top of other franchising brands that includes Dominos and Subway that have still been offering delivery and collectio...

Covid-19 has wreaked havoc across the country, and across the globe. The UK has now started social distancing and a lot more of us will experience working from home, for longer. Many would have never worked from home so its important now to prepare yourself.Working from home is amazing, when it is part of your normal routine, and for many of us modern professionals working from home is already an option. Many will often say they get more work done at home, away from the distractions of colleague...

Still wondering whether franchising is the route for you? Franchising is wonderful, it truly is. This business model offers would be entrepreneurs the opportunity to actually own their own business, without going through any of the heartache you may inherit through a start-up.   You're not the only one looking at buying a franchise- there have been many before you and there will be many after, that's testament in itself to how strong and reliable the franchising industry is. Some o...

Franchising is a big deal in the UK. It’s so big, in fact, that in this year’s BFA Franchise Report, Natwest estimated that the total contribution of franchising to the UK economy is around £17 billion. That’s an impressive figure in isolation. It’s even more impressive when you consider that it represents an increase of £2 billion since the bank last published a report on franchising back in 2015. A celebration of franchising, the report also revealed that:  There are 935 franchises a...

It’s easy to look at the big players in your market with envy, and maybe even some jealousy, with their huge national networks, expert team, and their fancy top floor offices. But being small should be a positive, celebrated, and embraced, you haven’t fallen into any of the bad habits or traps, and you can do things better from the ground up moving forward. 1) One of the biggest differences between the early years as an expanding franchise network is the owner, you. The business is your baby,...

What is the end goal?The goal for any established business owner when considering franchising their pre-existing business is ‘expansion’. Franchising your business allows you to expand without incurring any risk of unnecessary debt or you won’t be using the cost of expansion against the equity of your business. In essence, any new recruited franchisees will in the first instance provide all of the required capital (franchise fee) to ensure they can adequately launch and operate one of your franc...

Research shows homeworkers now contribute an estimated £167 billion to the UK economy annually, and that the number of those who work from home in the UK is set to rise to 15.6 million by 2022. For many working from home is the ultimate career dream and with developments in technology, like broadband and lowering cost of mobiles, the opportunity to do so has never been easier. Opening and running costs One of the most important factors for entrepreneurs operating a home-based franchise is the...

We’ve witnessed a huge upturn in self-employment since the turn of the millennium, which ultimately means there’s no discrimination when choosing the route of becoming ‘your own boss’. Franchising has aided towards the elimination of the discrimination card that is preventing so many over 50’s from finding full time employment, in fact, 82% of franchisees within the UK are actually over the age of 30 with 48,600 franchised units currently in operation throughout the UK. Age may be a hinderi...

According to research by the government backed Start Up Loans Company, six out of ten adults in the UK dream of starting their own business - looking for flexibility and better work life balance. So, franchising, with proven business structures, lower failure rate and ongoing support, could be the ideal option. Why choose Ipswich to run your franchise operation? Ipswich was named the best location to start a small business in the UK, according to new research compiled by the advice and gui...

There's a huge emphasis on Britain becoming a healthier, which has resulted in an upsurge in both health franchises and beauty franchises. Prospective franchisees can take comfort that these opportunities are very resilient in times when the economy is down, people will always invest in looking and feeling good. Is there a more attractive opportunity than health & beauty franchise? Health and beauty franchises are thriving in the UK, with more people spending disposable income in the industry,...

The Isle of Man is a unique place to start and run a franchise. Crown dependent but outside of the UK’s law the Isle of Man has complete control over its own laws. The island is renowned for its low taxes. Businesses on the island pay 0% corporation tax, 0% stamp duty and 0% capital gains tax – an important consideration for entrepreneurs looking for high growth and an eventual exit. While financial services and property businesses pay 10% corporation tax. Why choose Isle of Man to run your fra...

Every homeowner is looking at ways to increase the value of their home, whether that be by decorating, building an extension, landscaping the garden or renovating the interior. Construction franchises have and can be very profitable businesses.Many homeowners love where they live, the location and the surrounding area and decide not to leave their current location, or due to rising house prices are unable to do so, and instead turn to improving their home. This has lead to a boom in the UK const...