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Franchise Information UK - Business Planning

This section contains helpful information for those considering taking on a franchise. Click a link below to view only articles on a certain topic:-

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Becoming A Franchisee

Franchising has many advantages, not least the chance to set up in business using a tried-and-tested formula. However, before you invest time and money, you need to review the options and make sure it’s the right choice

Choosing the right Franchise

Once you have decided that opening up your own franchise is a wise decision, you will need to decide what type of franchise you wish to open. There are many different franchise opportunities available for expansion. Whilst s

Common Home Business Myths and Assumptions

Common Home Business Myths and Assumptions The idea of working from home can seem quite an attractive prospect. However, many people avoid such an idea, no matter how attractive it may be, often for entirely the wrong r

Employment Independant Business or Franchise

By Dugan Aylen, Director of Franchise Recruitment Services (FRS) Ltd Are you entirely happy with your job?A poll of more than 2,800 employees in the UK carried out for online learning provider SkillSoft has found that two-thi

Franchise Business Plans

by Paul MonaghanNo matter how good the franchise system is that you join the fact remains that it will be up to you to make the business work.Certainly you will have help and support from your franchisor but only you will be

Franchise Finder Services From MatchPoint

Start your own Business today! Use MatchPoint Network’s Franchise Finder Services With over 900 franchise systems in the UK, you have a huge choice. As a result, the task of evaluating and selecting one

Franchise system growth in recession

Remarkably franchise networks often grow in times of recession. Nick Strong, MD of www.selectyourfranchise.com looks at the reasons why and what action franchisors should be taking to get ready for network growth.Franchise s

Franchise Territory Mapping and How It Helps Franchisee Recruitment

By Dugan Aylen, Director of Franchise Recruitment Services (FRS) Ltd Franchisors and exclusive territoriesIn the UK the majority of franchisors offer exclusive territories based on the customer or client base and t

Franchises for a slow economy UK

How to buy a franchise in a slow economy is an important consideration at times of economic slowdown. However the focus of your franchise business building should encompass short, medium and long term development considerati

Franchising in Economic Adversity

We all know that we may have a tough few months, if not few years ahead of us if the economy keeps heading in the direction it is.Running a franchise can be a highly lucrative way to do business if done properly, but we all,

Frequently Asked Franchising Questions

by Michael Way - Q. I wish to Franchise my business. How do I go about it? - A. In six words - Protection, Research, Analysis, Preparation, Recruitment and Communication.But there are a number of critical steps you need to ta

How to evaluate a franchise

by Dr Martin Mendelsohn There is more to making a decision to buy a franchise than to evaluate the proposition. Many prospective franchisees have never been in business on their own account so the first on the list for evalua

How to improve your Debtor Management

Credit control is a vital element of any business, unless of course your firm predominately handles cash. Very few companies are lucky enough to have clients who pay their bill as soon as it is invoiced. More often than not s

Important things to think about when Researching A Franchise System

You can often discover numerous horror stories on the web about those starting up a franchise and losing out as a rogue franchiser takes off together with their investment. It's true that this happens although on the other si

Is Franchising Right For ME UK

Franchising is becoming an ever more popular method of setting up and expanding a business and it is easy to see why. Franchising provides a proven format, name awareness, support and guidance. It can offer vast rewards and c

Maximise Your Franchise Recruitment Budget

You don’t have to allocate an enormous budget to get good results and recruit franchisees. But you do have to be clever and plan ahead, says marketing and PR specialist Sarah Dyer.This is the most ideal time to start pl

Starting up an Affordable Franchise Business Opportunity

In the present economic climate, a lot of people are thinking extra sensibly about the money they use and are attempting to make savings wherever achievable. Nevertheless, quite alot still want to consider a change in job pat

The lowrisk route into business

TELEVISION hits such as The Apprentice and Dragon's Den are compelling because of their insight into the cut-and-thrust world of business.Entrepreneurs who are looking for a less gruelling route to success should consider Fra

Turn that dusty doorstop (back) into a valuable resource!

A good manual helps a franchisee as an invaluable reference tool in daily use, backs up a franchisor’s standards and supports the franchise agreement. Naturally, most manuals are written just before the initial l

Why a Franchise Business Opportunity May not be Right for You

With a franchise opportunity you have a higher chance of success. According to the US Department of Commerce, after completing a 7 year study, over 90% of franchise businesses are still trading profitably. So why am I saying

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Franchise Information UK - Business Planning