No business is immune to security breaches. Large firms are attractive to cyber criminals for their huge volumes of data, while smaller companies are easy targets, due to limitations in their IT systems.
If you’re struggling to keep your business afloat, you can access proven strategies and expert support through the franchise model. Running an independent start-up is tough, but converting a business into a franchise unit is one way to gain security with a larger organisation.
Interested in running your own business? November is National Entrepreneurship Month, so we’re exploring the seven business basics everyone should master before they become their own boss.There’s no shame in feeling overwhelmed by the thought of starting a business.
The UK’s second national lockdown will bring in new restrictions, with varying rules across industries. Here’s our guide to the Covid-19 government regulations and the business support on offer.
In this article, we explore the importance of this decision and identify the main drawbacks of choosing an inappropriate structure. Don't underestimate the impact—let's explore why this decision matters.
If you’re in the process of launching an independent start-up and want to build a franchise network, it’s important you keep your goal in mind from the outset. In this article, we reveal how to start a new business with a view to turning it into a franchise.
Can a franchisor terminate the franchise agreement? The answer is yes, if you stick to the official process set out within it. Keep reading to find out how you break up with a franchisee without risking your money and reputation.
No business owner wants to make staff redundant, but if worst comes to worst, you need to know how to handle the process efficiently, professionally and compassionately. We’ve listed the 12 steps you need to take when managing redundancy.
We strongly recommend franchisors join a franchise association to give their franchise network more credibility. This is our guide for doing so.In some countries, franchising is regulated by the government. But in the UK, this is not the case.
Looking to expand your franchise in a new country, or try multi-unit franchising to grow faster? Becoming a master franchisor is a great way to grow, but it does mean handing over some control. Here are all the pros and cons of master franchising.
In this Franchising 101 article, we take a look at why tracking your expenses and building a budget is so important and how to build a budget that leads to long-term success.It’s widely considered in the business world that before you can make money you need to know how you are going to spend it.
Learning how to build a budget for your franchise is one of the most important things for any new franchisee to get to grips with. A good business budget is one of the cornerstones of managing your finances.
Transitioning back to work after an extended leave isn’t always as straightforward and easy as you’d hope. If you’re concerned about how to get back into the swing of things, you’re not alone.
We’ve all got something we’d like to change about ourselves, but what if that ‘bad’ trait could make you a successful franchisee? Turns out, that stubborn streak, the chattiness that always earns you a telling off or your intense dislike of having colleagues could actually be your key to success.
You might think of franchising as being a fairly new concept, but some businesses in the industry have been in operation since the 19th century! Here, we look at some of the oldest organisations in the history of franchising, and what we can learn from their success.
What is an ‘intrapreneur’, you ask? And how is it different from an entrepreneur? In this article, we’re going to explain the difference between intrapreneurs and entrepreneurs and outline which franchise opportunities suit these two distinct types of businesspeople.
If you’re constantly blighted by the same business pain points, it can divert your attention from growing your franchise. In this article, we’re going to share some simple solutions for business problems that will make running a successful business so much easier.
The best franchise owners fill their free time with plenty of learning and development work, and books can be a fantastic way to grow as a business owner. Here are nine of the most useful books you can read if you’re serious about being successful in the franchising world.
Tough times have the potential to uncover the ugly side of every relationship – including the one you’ve got with your franchisor. But if you’re not familiar with franchise law or proper conflict resolution tactics, it can be tricky to resolve disputes with your franchisor, legal or not.
You’ve spent years building up your family-run franchise from the ground. Now, as you approach retirement, or as a new challenge looms, you might be thinking about passing your business on to the next generation of your family.
If you find yourself at home with more time on your hands due to the COVID-19 crisis, you can use this as an opportunity to brush up on your soft skills. They are, after all, the building blocks of running a successful business.
Starting a franchise business can be a fantastic decision if you’re focusing on career advancement. But many people don’t realise they already have the skills and mindset to take the leap. Let’s take a look at how you can find out whether you’re ready to start a franchise unit.
Women are thriving in the world of franchising. We look at how the gender balance is shifting as women make strides with their own businesses – showcased by four key players in franchising.Although it may have been in the past, franchising is certainly no longer a man’s world.
For many parents, working part-time or from home allows them to earn a flexible living, in order to raise the little ones while still having enough time to make memories.
Do you want to know the key factors contributing to a franchisee's success? We have analysed the qualities of a franchise to help you achieve your dreams.
Today we delve into the career history of the Pret A Manger CEO and find out whether you can start your own franchise unit with the brand in the UK.Most of us have popped into Pret A Manger for a cup of coffee or tasty sandwich at some point or another.
If you've always had a passion for working on cars and the safety of people on the road is essential to you. Then a car repair garage could be the perfect career move! This article provides a rundown of the steps you need to take.
If you’ve always been on the fence about starting a career in the estate agency industry and aren’t sure if you’ve got what it takes, this is the article for you. Today, we consider what traits make a successful estate agent to help you decide if you’re right for the role.
Over the last decade, Amazon has changed the way that the world shops. The brand’s incredible online success has upset the high street’s control of the retail market and made plenty of noise in the process.
With parents increasingly looking for ways to support their children’s studies, the market for tutoring is growing across the world. The industry is now worth billions of pounds.
M&S (Marks & Spencer) is one of the UK’s biggest retailers and has been a high street favourite for more than 135 years. But what about the man in charge – current CEO Steve Rowe? Here’s everything you need to know about the businessman and the quintessentially British retailer.
Do you dream of opening your own hair salon? Or maybe you’ve always wanted to start a barbershop. If this sounds like you, you’re in the right place. Let’s run through the advantages of launching a business in this field, and discuss the 10 key steps to bear in mind when you do.
Soft skills are incredibly important, not only in the professional world, but in everyday life too. First things first, though – what actually are soft skills? Let’s look at the term in more detail.What are soft skills?Soft skills are essentially ‘people skills’.
If you’re interested in healthcare and would love to be self-employed, you could start your own healthcare business. Demand for private healthcare is rising, whether its elderly care or foot care, and there are many options to explore. Here’s eight things to consider as you get going.
Poundland is one of the UK’s biggest discount store chains, selling everything from shampoo to weed killer for just £1. Let’s take a look at the man who fills the role of Poundland director, and how he came to be involved in the business.
Pizza Hut is a popular choice for Brits who fancy a delicious doughy treat. But who’s responsible for leading the huge pizza brand to success? Today we meet the Pizza Hut CEO UK, Jens Hofma.
Regus is a Switzerland-based company that provides high-quality workspaces across the globe. These are intended to be used as an alternative to privately owned or rented commercial premises, or as a temporary meeting place for travelling professionals.
Ever wondered who’s behind the retail giant, Primark? Well, you’re in luck. Today, we learn more about the highly successful businessman and Primark CEO Paul Marchant.
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