We know that potential investors are seeking valuable insight into the workings of the franchise industry, and we're committed to bringing you the best analysis and advice from our panel of expert industry advisors. The panel will be continually updating this section with the most important franchising articles, insights and analysis of the industry. We offer our knowledge and experience to help with any questions you might have, and help with your franchise research and selection.
How To Find Great Vendors
Vendors are one of the many keys to success when you run a franchise. They provide you with the raw materials or finished products that you need to keep customers coming in.
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How To Sell More
So you finally get to meet a potential customer face to face, how do you clinch the sale? Most people make a decision on like or dislike in the first five minutes, so first impressions are key.
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Fast Track Risk
Would you rather have a company with £1 million of sales from a single customer, or 10 customers of £100,000? Which has more risk and therefore potentially less value?
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Cash Management
With banks reluctant to lend and liquidity in the economy tight, good cash management is of paramount importance to businesses
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What is Franchising?
A franchise must have the following elements: a brand name, a franchisor who has control over and provides support to its franchisees and an obligation for the franchisee to pay fees periodically to the franchisor.
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Evaluating A Franchise
How do you decide whether or not a franchise is worth investing in? There are a number of points that should be considered when assessing a franchise.
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Franchising in UK
Unlike in the USA, Australia or Canada, there is no franchise specific legislation in the United Kingdom. However, franchise agreements in the UK, are ....
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The Characteristics of a Good Franchise
Buying a franchise is an important decision that should only be taken after a lot of thought and consideration. From my experience there are usually 3 factors that have a huge influence on identifying suitable franchise opportunities.
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Introduction to Franchising
The franchising model is specific in nature, and must be understood clearly by the potential entrepreneur before investing in a franchise. Crucially, you don't buy the franchise itself
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