In spite of the economic fallout of Covid-19, the property market has continued to operate at near-normal levels, making franchise opportunities in the property management sector very attractive. Here are just five advantages of running a property management franchise.
In and past your 50s, you’ve come a long way. And you’re equipped, as a result, with the skills and experiences that you need to accomplish just about anything. Including a career change. Here’s what older entrepreneurs can learn from their counterparts.Life doesn’t end at 50.
Making difficult decisions about the health and direction of your business is never easy, but as a franchisor, it’s extremely necessary. Some choices can’t be avoided, even if they’re tough. Here’s four examples.
Whatever your age, making a career change can be a viable, profitable option for you. Especially when that career change takes you into the thriving franchising industry. For people in their 40s, franchising is a reliable and low-risk way to pursue new passions and opportunities.
The COVID-19 pandemic has been a turning point for many people. Some have been made redundant and forced to look for something new, while others have had the mental space to reconsider their career path and gear up for a new adventure.
Starting a new business can be a difficult process. When you’re building up a brand from scratch, you don’t have an established business model to fall back on, and you don’t have the support of an expert franchisor. All the risk that you take on is yours alone.
Franchising is an exciting opportunity to be your own boss with the support of an expert franchisor behind you. As restrictions continue to lift across the UK, many sectors in the franchising industry are seeing growing demand for their products and services.
The world is constantly changing, and success will only be achieved through adaptation. The new faces of franchising are exciting, diverse and innovative, adding depth and value to the sector and helping units across the UK to keep up with the latest franchising trends.
The impact of the global pandemic has been felt in many different ways across communities, countries, companies and industries. And the franchising world is no exception to this.
Recruiting franchisees isn’t easy. It’s a delicate process, and it can make or break the success of your company. In a fierce job market, choosing the right person for the job is extremely important. Here are some top tips, straight from the experts, on what to look for in a potential franchisee.
Starting an international franchise is both an exhilarating and daunting prospect. Before you make that leap, you’ll need to jump through a lot of other hoops, and gather as much information as you can. Here are five things you need to know before embarking on a foreign franchising journey.
Signing a franchise agreement is a big commitment, and a franchise contract renewal is a means you’re willing to do it all again. When things aren’t working out between you and your franchisee, knowing how to end a franchise contract gracefully is extremely important.
If you’re a self-employed person running your own business, you automatically become a sole trader. Some business owners and franchisees will choose to remain sole traders in the long term, while others will choose to set up a limited company or some other kind of legal enterprise.
Whether you’re running a franchise or running your own business, the basics can be tougher than they seem. Figuring out how to setup a limited company can be an intimidating process, with many different technical terms to wade through, so we’ve put together a simple guide to help you through.
Payroll is an integral part of running your own business, and running it smoothly. Paying your employees correctly and on time is an absolute must, so if you have employees, you NEED a successful payroll processing system.
A successful invoice ends a project on a high note, ensures timely payment, and potentially even secures future work. With our simple set of tips for successful invoicing, you’ll be hitting the mark every time in no time at all.
As lockdown rules start to lift across the UK, businesses are finding creative ways to use outdoor space and maximise their revenue while inside mixing is still heavily regulated.
As the UK gradually emerges from the Covid-19 pandemic, bosses are focussing on business recovery post-lockdown. We’re getting more and more freedom now, but there are still lots of rules in place.
Say the word ‘franchise’ and most people immediately think of the quick service restaurant (QSR) sector - brands like McDonald’s and Burger King. In our franchising mythbusters article series, we look at the common misconceptions of franchising.
Lots of restaurants and shops opened their doors after the government’s latest roadmap milestone on the 12th April, and many more are planning an exciting comeback. After so long away, the thought of starting to prepare your business for life after lockdown is fairly daunting.
Your first year as a franchisee is likely to be very exciting and daunting in equal measure. It can be tricky to adjust as life to a franchisee, particularly if you’ve never spent time as your own boss.
It’s easy to dismiss franchise awards when you’re busy running your own business. But making time to apply for prize-giving ceremonies could have a positive impact across various aspects of your company. Here are the top 10 reasons why you should put this important process onto your to-do list.
The thought of taking maternity leave as a franchisee can be daunting; you may not know how to take time off without compromising the performance of your franchise unit. Or you might be worried about losing your edge as a business owner while spending months away from your desk.
Businesses have had to be resilient, adaptable and innovative to survive the past year - and the security of the franchising world has given franchisors and franchisees the chance to flourish.
Boris Johnson revealed the government’s lockdown exit roadmap on 22nd February, sparking both excitement and concern in business owners across the country. Now we’ve had a chance to digest the information, let’s take a look at some of the specifics of the plan.
Franchise agreements often seem to be weighted in the franchisor’s favour, but franchisees have several key rights protecting them from unfair treatment after they invest their money.
If you’ve ever dreamed of running your own business in a sector that’s new to you, you’ll know just how frustrating the prospect of retraining and losing income can be. But starting a franchise unit can help you achieve your goal - and fast.
Thinking about running a franchise network? The benefits of franchising a business are clear to see; you can generate investment, access a greater customer pool and boost your brand awareness. But franchising isn’t right for everyone.
The Prime Minister Boris Johnson has unveiled his much-anticipated ‘roadmap’ to ease restrictions across England. As more and more people receive vaccinations, businesses can start to make plans for reopening.
The prospect of running a franchise unit can induce feelings of confusion, uncertainty and even inadequacy, but there are lots of books about franchising to help you through the process. Often, those who have made it right to the top of the franchise industry can offer insight and reassurance.
Finding the right franchisees to join a niche franchise can be a challenge. Alex and Paul Dodgson, board members and franchisees with Business Partnership, shared their experience and top tips for finding excellent franchisees for a specialist franchise.
We caught up with Alex and Paul Dodgshon, veteran franchisees and now board members of Business Partnership, to find out more about this exciting franchise opportunity. Here’s what they had to say about Covid-19, Brexit, and scouting out the perfect franchisees.
Running a successful business? If you’re a keen entrepreneur, expansion plans are likely to be on your mind. Kicking off 2021 by creating a new business or setting up operations in a different location is an effective way to bring in more profit for your business - and your bank account.
Looking back at the year that was 2020, it would be easy to focus on the many negatives. But through global disasters, franchisees across the world have remained resilient beacons for their local communities.
When the New Year rolls around, business owners across the world embrace the opportunity to turn a corner and adapt their strategies for the better. After a tough trading period, many people are preparing to start a new chapter come January.
It’s surprisingly common to feel nervous, anxious or out of your depth when running your own business. Becoming a successful entrepreneur involves a huge amount of self-belief and personal motivation, but with a bit of effort, you can get there.
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