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SYF News October 2011 - Franchise Newsletter

SYF News October 2011 - Franchise Newsletter

SYF News October 2011

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Press release date: 28-Oct-2011

syf news october 2011

 

This Month

Offer of the Month

Increase Efficiency, Productivity and Reduce Costs in 1 Day

Book Now for the 2011 Franchise Business Booster and Supplier Showcase on Thursday 17th November at the National Motorcycle Museum near Birmingham. To attend email us at info @franchisesuppliers.co.uk or call us now on 01904 561598. (We will request a charitable donation of £30 for the Foodbank Project per delegate)

 
"It really is a show you want to visit as a priority. It beats researching at home, the internet and reading magazines. Here you actually meet the people who are the leaders in the sector, so certainly worth going to" Jat Mann - Managing Director PC Pal

Meet leading suppliers in the franchise sector at the Showcase, including:

 

WorldPay - What does it take to get an online payment system in place? WorldPay will show you.

DBS Data - Improve franchisee sales through direct marketing.

Select Your Franchise - Targeted franchisee recruitment.

Overview Mapping - The gurus at squeezing every last drop out of your territories.

Azura - The ultimate management tool to help you track and improve franchisee performance.

Office Team - Do your franchisees have an office? This is the all in one solution.

Dennis & Turnbull Accounting - Management information to control and develop your franchise system.

The International Franchising Centre - Find a master franchise for your international expansion for less than £10,000.

Printing.com - Design and print that really will save you money.

MW Trademarks - “You don’t know what it is until it’s gone...” Protect your intellectual property now!

Splash Solutions - Keep your customers coming back time after time – CRM software with a difference.

Franchise Resales - Boost your system by replacing tired franchisees with new blood.

iPlan Accounting - Efficient online bookkeeping to save you time and money.

SIGN A RAMA - The one stop shop for signs that speaks your language.

PHVC - Vehicle leasing made easy.

Serif - Franchisee Websites.

PC Pal - Computer Support.

Secure Virtual Office - Your franchisees’ mobile office.

 

YOUR GUEST SPEAKERS:

 

Brody Sweeney - He’ll make your day!

Franchising Works - A route to qualified franchise prospects.

Trussell Trust Foodbank - The local UK charity you will be supporting with your donation.

 

Book Now for the 2011 Franchise Business Booster and Supplier Showcase on Thursday 17th November at the National Motorcycle Museum near Birmingham. To attend email us at info @franchisesuppliers.co.uk or call us now on 01904 561598. (We will request a charitable donation of £30 for the Foodbank Project per delegate)

 

The Franchise Supplier Showcase

Industry News

Joel Caws - Technical Director, Select Your Franchise
Joel Caws
Technical Director
Select Your Franchise

Franchise Blog 500th Posting
by Joel Caws Franchise Industry News

I just noticed today that this is the 500th posting on the franchise blog. Thanks to all our valued contributors in helping to make this a real franchise industry resource since its launch late in 2009. We are pleased to be running what is one of the most respected and resource-filled blogs on franchising in the UK.

The franchise industry in the UK really is going from strength to strength. Despite the recession and rising unemployment, there are many strong franchise businesses out there that are continuing to expand and build their networks. If you are new to the idea of a franchise business, a business format franchise is quite simply a proven business model which has been documented and packaged in such a way that it can be replicated by another budding business owner (A long explanation can found in our post on “What is a franchise“).

Click here to read more...

Franchising Issues


Cathryn Hayes
HSBC Head of Franchising

HSBC Franchise Unit - Tips for writing a business Plan
by Cathryn Hayes in Franchise Finance

We thought we’d share some tips to help franchisees present a strong business plan and help them to raise finance.

Other sources of income
It is vital for a new franchise to provide enough income for the owner to live on, in addition to servicing any borrowing they have, particularly in the early years. Many franchisees have a supportive partner behind them who often continues to earn a regular wage. This additional household income reduces the franchisee’s dependence on the profits of the business. It is therefore important that a franchisee provides a summary of all their domestic income and expenditure, demonstrating just how much money needs to be taken out of the business.

Click here to read more...

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Chris Roberts - Director, Franchise Finance Ltd
Chris Roberts
Director
Franchise Finance

Understanding Balance Sheets and Profit and Loss Accounts - Part 3
by Chris Roberts in Franchise Finance

This third article which features the Profit and Loss Account follows on directly from the first two articles in the series which covered the balance sheet. If possible do read part 1 and part 2 first as there is a natural progression to this point.

The Profit and Loss Account

This is the second and an equally important part of a set of accounts. As the name suggests, the purpose of the document is to show whether the business has made a

Click here to read more...

International Franchising


Cathryn Hayes
HSBC Head of Franchising

International Franchising Advice from HSBC
Cathryn Hayes in Franchise Finance

A diverse range of sectors lend themselves to successful international franchising. A common example is retail, particularly the fast-food sub-sector.

In recent years there’s been a growth in service industry franchises such as in the cleaning and maintenance sectors, as well as management consultancy, and there’s been a big increase in home care. Numerous successful home care franchises are being operated all over the world, including in the UK.

Well-known British franchises  

Several established UK brands – including Marks & Spencer – have sold international franchises for years. Providing jobs for more than 75,000 people worldwide...

Click here to read more...

Up Coming Events

The Bst Franchise Conference

 

At this ground-breaking conference, you’ll have access to the latest best practices from outstanding franchisors and leading franchise consultants:

 

- Specsavers

- The Franchise Training Centre

- The Alternative Board

- Puddle Ducks

- Coconut Creatives

- Smith & Henderson

 

"I was incredibly impressed with the speakers and their willingness to advise and help. It goes without saying I have already planned to implement many of the ideas."
Justine Williams, Shokk, commenting on our last event, The Franchise Recruitment Summit.

 

Wednesday 30th November in Oxfordshire.  

 

The programme is packed with the latest strategies, case studies and ideas to help you grow your franchise network, including:

 

- Developing a world-class franchisee training programme

- Improving ongoing support

- Leveraging peer pressure to bring the best out of your franchisees

- Realising higher like-for-like sales by improving franchisee satisfaction

- Continually improving the franchise system

- Effective change management across the franchise network

- Converting franchisee satisfaction into a recruitment advantage

 

Register Now

At £95+VAT, can you avoid to miss this once in a year event?  Places are strictly limited so register now:

Click Here to register

Your Reports

 

Customer Conversion Reports for October are available online in your campaign manager.

To view your report Login now. If you need assistance, or would like advice on how to improve your campaign please contact us at: info@selectyourfranchise.com