When you’re a franchisee, you operate your own business, with the franchisor above you and your employees below you. To keep things running smoothly, you’ll need to minimise disagreements with both groups. Here are our top tips for managing conflict as a franchisee.
Beginning your franchising journey can be costly, and if your savings aren’t bottomless, you might think the investment amount is going to limit your options. In this article, you’ll discover the available funding options for new franchisees, along with four top tips for securing funding.
One top benefit of the franchise industry is how much franchising training and support you receive. Franchisors provide various levels of guidance and assistance to help you succeed. In some cases, they supply support programs for that initial launch and growth.
A brilliant business idea is just the beginning. Without a solid plan, it can quickly falter. To pave your way to success, it's essential to establish clear objectives, set achievable milestones, and draft a thoughtful strategy.
It’s easy to slip into a rut, using the same old promotional material templates time and time again. So, we’ve collected eight of the best and most innovative marketing ideas to get your creative juices flowing.
If you’re contemplating but aren’t sure what the process is for doing so, you’ve come to the right place. Our handy, 10-step guide will walk you through all of the various preparatory stages you’ll need to consider if you’re to become the manager of your very own business.
In a franchisor-franchisee relationship, both parties work together to achieve success. The importance of a positive franchisor-franchisee relationship is high, and every aspect of the business can be impacted by the strength of this central relationship.
If you’re thinking about becoming your own boss, you will need to decide whether to invest in a franchise or start your own business. Read on to help you make the right choice…Fear, anticipation, excitement.
TWith a growing industry to serve, wedding businesses are making lucrative returns. With everything from catering franchises to fitness franchises taking their slice of the cake, there are plenty of opportunities for entrepreneurs to make promising investments.
Franchisees represent your brand across the country. They face the public, they operate under your name, and if they’re satisfied with their business, your entire business could suffer as a result of poor customer service.
One important question you should ask yourself if you’re wondering how to become a franchisee is ‘Am I Ready?’. Today we’re going to explore exactly what ‘ready’ means and how you can prepare yourself to start a franchise.
Running a franchise with family can be very rewarding. But there are plenty of unique challenges that crop up when working with those closest to you. Here’s our guide to turning your family unit into a franchise dream team.
Since the EU referendum in June 2016, there have been significant political changes taking place in the UK. These can create uncertainty and apprehension for all business owners, including franchisees.
Have you considered starting an online estate agent franchise? We’ll find out more about the industry and explore some of the franchises that are on the lookout for new franchisees.
Green Square, the leading provider of renewable energy solutions for UK homes and businesses, is working towards the UK’s commitment to reduce carbon emissions by 50% by 2050. This growing renewable energy franchise comes highly recommended, and prioritises customer experience at every stage.
For business owners, finding ways to manage stress is really important. As a franchisee, you’ll be meeting many different demands and completing many different tasks. If you let stress begin to control your day-to-day life, you will suffer, and so will your franchise.
Choosing the right name for your franchise can be tricky. It’s the first point of contact that most customers will have with you, and it’s a big decision to make. Here’s how to choose the right name for your business that represents what you’re all about.
Forging a successful franchisor-franchisee relationship is a necessity for franchise success. This can be achieved most successfully via a balance of professionalism, dependability and hands-on leadership.
Today we’re going to help you understand what’s involved in evaluating a franchise opportunity. Ultimately, this is incredibly important if you are to find an opportunity that’s the perfect fit for you and your specific needs.
When you first started your own business, it’s likely that your immediate concern was getting through the first couple of months. The early days of business ownership can be tough, but you survived. Better than that, your business performed well.
If you think you’d like to start a franchise unit, you’re probably focussing on the pros and cons of individual investment opportunities. But knowing how to evaluate a franchisor is just as important. We’ve listed the best franchisee tips for choosing a franchisor.
Thinking about investing in another franchise? Buying a second franchise unit can open up an exciting array of new opportunities, as well as increased income potential.
Franchises come in all shapes and sizes, but they’ve got one thing in common: they’re defined by their staff. In today’s competitive business environment, brands must understand the importance of hiring the right employees in order to see success.
Ask any business owner about the importance of having a robust business plan in place, and they'll tell you that it's essential to the success of every venture. But ask the same entrepreneurs if they have a PR strategy in place as part of their business plan, and not many can say ‘Yes’.
For those who have just begun life as a franchisor, getting to grips with the day-to-day running of a business can involve a fairly steep learning curve.
As the franchisor, you have a significant influence over whether an entrepreneur chooses to invest in your business. The way you treat your existing franchisees and the culture you create in your franchise network will play a huge part in any potential investors’ decision-making process.
For many budding entrepreneurs, seem to be the best franchises to invest in. After all, what’s not to love? You get the freedom of running your own business with the flexibility that comes with from the comfort of your own home.
It's easy to think that disaster will never strike. If you're , you probably want to push the prospect of disaster to the back of your mind. But it is far more effective to ensure that you have the right protection in place just in case the worst does happen.
It’s easy to get caught up in the day-to-day tasks involved in running a business. But how can you make sure you get the most out of your franchising journey as a happy franchisee? Here are our eight top tips for job satisfaction in the franchise world.1.
Starting a care business can provide a high level of job satisfaction, as well as the chance to support your local community and generate a decent income.
You’ve overcome the initial franchising or independent business hurdles in the setting-up stage and you’re now looking to scale your business. But where do you start? Here are 10 simple ways to scale up your business or franchise.
