Advice and Guidance

Franchising is a big deal in the UK, with it contributing over £15bn to the UK Economy. Franchising presents a fantastic avenue for would be entrepreneurs to make the leap into the business world. Investing in an Established franchise model does come with added benefits such as the unrivalled support services, established branding, ongoing franchise training and the opportunity to follow a proven model that has made money for other franchisees within the UK. Franchising has always been an attrac...

18 years on from the ‘Millennium Bug’ and the internet is still thriving, so much so that it’s now created its own booming sector within the franchise industry. The internet has come a long way during the past 20 years or so, boy has it grown!  The big global online web has completely revolutionised the way in which we operate on a day to day basis, no more so than retail businesses. This has become ever more apparent with the endless closure of high street shops, the reason why you ask? Be...

The UK Franchise Industry   The UK Franchise industry is in fantastic shape! And we just wanted to share with you some of the facts and figures. The Franchise Industry contributes £15 Billion to the UK economy - an increase of 46% over the past 10 yearsThe total number of people employed within franchising has now reached 621,000 - an increase of 70% over the past 10 yearsFranchise Owned businesses has now reached 44,000 units - an increase of 14% Over half of franch...

There’s no big surprise that our population is ageing dramatically as people are living longer and enjoying fruitful lives. Why is this happening though? Two big contributing factors to support the explanation is that of a decline in birth rates within the UK and the natural improved life expectancy that we are witnessing as a nation. Research has proven that a vast amount of older people would prefer to live independently within the comfort of their own home. Unfortunately, this can not alw...

Franchise Supermarket at The International Franchise Show in London  We’re only two days back in the office and we’re still struggling to catch up on what was a fantastic two-day franchise exhibition held at ExCel London. The two-day franchise exhibition opened a great opportunity for prospective franchisees and franchisors to attend and better understand whether franchising is the route for them. With over 150+ exhibitors in attendance every franchise sector was covered, from Cafe2U the...

How much can I make from franchising?  The answer to this question depends on many contributing factors, higher investment franchises usually yield a higher return, McDonalds are priced at around £250,000 for the franchise, but you will see big returns (if the proven model is followed correctly). The drive of the individual is key too, you need to be able to follow the proven model and avoid going off track and taking risks. Franchising is supposed to be the less riskier option…. It...

The advantages of franchising.. The beauty of franchising is the fact that there are so many flexible options available to cater for every individual need. For example, purchasing a franchise within the UK doesn’t necessarily mean you have to work the standard 9-5, 5 days a week. Oh no, franchising offers part-time opportunities, work from franchise opportunities which then have the option to expand into full time franchising if you wish.  You will tend to find that part-time franchise...

Looking at owning your own business? But scared that it may not take off? Not sure how to set up your franchise? Fortunately, the franchising route offers you the opportunity to receive backing from a successful and reputable franchise brand, offering a great platform to becoming your own boss!  There are however stepping stones that need to be hopped onto before you can eventually gain the keys to your new shiny franchise business…. Franchise Supermarket on how to set up your o...

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...