Franchise myths

Latest Franchise myths articles

Don’t be fooled by various franchise myths found online. With our expert analysis and perspectives, you gain insights and debunk myths while navigating the reality of franchising. Stay informed with the latest facts to make empowered decisions on your franchise journey.

Published at 21/06/2023

Common Myths and Misconceptions About Franchise Fees and Royalties

Published at 19/04/2021

Mythbusters: Franchising Is Only Relevant to the QSR Sector

Published at 31/12/2019

Mythbusters: You Can’t Be Autonomous

Published at 30/12/2019

Mythbusters: You Need to Be an Expert

Published at 28/12/2019

Mythbusters: You’re Guaranteed to Succeed

Cleaning Business

Published at 26/12/2019

Mythbusters: You Have No Room for Creativity

The myth-busting series is back to debunk more ideas you may have about franchising. We discuss ideas people have about franchises that aren’t necessarily accurate. Up next in the series is tackling the common misconception that, as a franchisee, there is no room for creativity in your business.

Investment Tips

Published at 25/12/2019

Mythbusters: You Have to Make a Huge Investment

In our myth-busting series, we tackle all the myths you may have heard about starting a franchise. In this article, we focus on the common belief that an enormous investment is always needed to start a franchise.

Published at 03/12/2019

Mythbusters: Franchising Isn't a Legitimate Business Opportunity

In this article series, we look at some of the most common myths circulating in the franchising world. First up: you may have heard the myth that franchising isn’t a legitimate business opportunity.

Published at 22/04/2019

Is There Really Such a Thing as a Turnkey Business?

You may have heard the word ‘turnkey’ used to describe their investment opportunity. But if you’re going to put your money into a new venture, you need to make sure you’ve got all the facts. We ask ‘what is a turnkey business?’ and find out how you can make an informed decision.

Published at 08/04/2019

Mythbusters: Running a Franchise Will Automatically Make You Rich

For first-time franchisees, there can be a substantial amount of ambiguity and misleading information when it comes to choosing a franchise and expectations of what starting a franchise unit will be like.

Article about choosing the right franchise

Published at 12/07/2018

Mythbusters: Starting a Franchise Is Ultimately the Franchisee's Decision

Running a franchise successfully takes work on both ends, from franchisee and franchisor. It’s a cumulative, combined effort. Starting a franchise is the same, though some fail to recognise the franchisor’s role in the early stages.

How to tell if a franchise opportunity is too good to be true

Published at 21/05/2018

The 8 Signs That a Franchise Opportunity Is Too Good To Be True

The franchising industry has never been stronger. There are currently a record number of franchises (48,600) that collectively contribute more than £17 billion and 710,000 jobs to the UK economy ().

Published at 15/05/2018

Mythbusters: There Is No Innovation in Franchising

One of the most common misconceptions about franchising is that there’s no room for innovation. In this article, we debunk this myth and use real life examples to prove that there is in fact innovation in franchising.

Published at 14/04/2018

Busting Business Franchise Myths

Owning a franchise is like running your own business, and it does come with its fair share of risks and rewards. Let's bust a few for you if you want to separate the truth from the franchise myths around running a franchise.

Award

Published at 06/12/2017

Mythbusters: There's No Such Thing as a Working Mum

When you become a mum, it can be difficult to envisage how you’ll keep your independence and carry on earning a living. But running your own business could be the answer.

Published at 30/11/2017

Mythbusters: As a Franchisee, You're Tied to Your Franchise for Life

Worried about being tied to your franchise for life if you invest? While it’s an excellent way to build a business that sees you through to retirement, franchising doesn’t have to mean forever.