Multi-brand franchising describes the process of running two or more franchise units within different companies. For example, if you manage a McDonald’s restaurant and a Subway outlet, you’re a multi-brand franchisee.
Always dreamed of starting a family-run franchise? Here are four success stories from the world of business that show how exciting and financially rewarding running a family business can be.Running a family business isn’t for everyone, but it could be the making of your career.
Have you found yourself staring at a franchise agreement, scratching your head at all the legal business jargon? Here’s our guide to deciphering franchise contract legalese.Franchise agreements are legal documents, so they come with their fair share of jargon.
The franchise model provides a way to expand your business efficiently, with individual investors spending their money to develop additional branches under your branding. But, as in any system, those involved may come up against obstacles from time to time.
As a franchisee, your business will go through four distinct stages during its franchise growth lifecycle. We’re breaking down each one and offering some handy hints and tips to help you successfully navigate them.
The world of franchising holds enormous potential for current and prospective business owners, but you need a full understanding of the opportunities in front of you if you’re to succeed.
Always dreamed of running a franchise with your family? Here are five reasons why it might be the best decision you’ll ever make, whether you’re a parent planning to pass your business on or a child about to have mum or dad as your co-owner.
Franchising gives investors the chance to set up a profitable business with a proven model, but the system involves a bit of preparation. We’ve rounded up some of the most important lessons franchisees have learnt after signing their franchise agreement, to help you get ready for investment.
Running your own business involves a significant amount of dedication and hard work, but what credentials do you need to be considered an entrepreneur? And do franchisees fit under the same umbrella? Here, we explore the difference between entrepreneurs and franchisees.
Whichever franchise you’re joining, having the right insurance in place is essential. Unforeseen events can quickly derail a franchise unit and have catastrophic effects not only on the business, but on its owner and staff too.
Franchise agreements are tough to work through, complex and full of legalese; therefore, it’s a good idea to seek the help of a legal specialist to guide you through this process to ensure nothing slips through the cracks.
Female-run businesses are seeing huge success across the world, and increasing numbers of women are interested in starting their own franchise unit. Here’s everything you need to know about women in franchising.
Brand consistency is a crucial element of any good franchise network. It’s one of the most important parts of buying into a franchise, as that customer recognition factor could help you get your business off the ground in record time. Here is why franchise brand consistency is so important.
Wondering which franchise model is right for you? We’ve analysed the pros and cons of three of the most common franchise styles so you can see which kind of opportunity is likely to suit your lifestyle and goals.Searching for the perfect franchise can be overwhelming.
Not sure if the franchise model is suited to you? Asking yourself ‘how do I know if franchising is right for me?’ Fear not - you’ve come to the right place. This helpful self-assessment will help you work out if becoming a franchisee is the best next step for your life and career.
Many UK franchises have been around for long enough that their businesses have matured, resulting in a greater number of franchise resale opportunities on the market.
If you’re choosing between a BFA-approved franchise and another one without the accreditation, you might be wondering if there really is such an advantage of selecting the former.
Brexit has prompted considerable uncertainty and concern for the business world, and many entrepreneurs are now facing challenges as they find their way through a changing economic environment. Here’s our guide to the impact of Brexit on franchising.
Investing in a can be a great decision for entrepreneurs. Rather than building a business from scratch, you benefit from the brand recognition and marketing power of a more established business, as well as a model to follow to run the franchise profitably.
The franchise agreement is one of the most important documents for an investor launching a business under an existing brand. It’s a key part of the franchising process, and a way for the franchisor to make sure standards are consistently high across the network.
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