All the basic information you need to know about owning a franchise
All the basic information you need to know about owning a franchise
Does franchising terminology have you all confused? Don’t panic we have you covered. Here is some of the most common franchising jargon explained.
Inarguably the most important document when applying for finance from a bank is the business plan.
Nick Williams and Paul Hague from FDS Anglia & London have worked with 100's of clients, here are just a few of them.
The most knowledgeable person about any company should always be the person at the apex of operations – which in the case of franchising, is the franchisor.
With more than 100 companies from the UK, USA and around the world showcasing their brands, along with a comprehensive choice of seminars and experts, The British & International Franchise Exhibition, taking place at Olympia, London, on March 14 & 15, is the perfect place to find a new career.
According to figures produced by Franchise Development Services (FDS), 2014 is set to be a very good year indeed for both franchisors and franchise owners alike.
Here FDS Southern’s Gary Rigby gives readers of The Franchise Magazine exclusive insight into the benefits of national franchise awards and how to prepare for them.
Here we have laid out a simple questionnaire that have no more than three answers, there are no right or wrong responses. Try and answer the questions as quickly and honestly as you can as this will best help you receive the most natural response.
It’s said that for every year we age, a dog ages seven. A business also evolves much faster than its masters. For most companies, 2008 was another era; 2003 feels like a lifetime ago and 1993 is recalled through a fossil record of discarded pagers and dusty dial-up modems.
Choosing the best way to get the word out about your franchise is not easy; the continually spiralling multitude of available platforms is enough to daunt even the most analytical.
Lead generation is one of the most important factors in the success of a franchise. Over the past few years we have seen a major change to the technique of gaining leads and in this article Jamie Brown will be explaining those changes and how you can improve your chances of gaining an authentic lead.
Our FREE 'How to Franchise' seminar will be delivered by Nick Williams, a bfa affiliated Franchise Consultant
Franchising, over the past 10 years, has changed immensely. Nick Williams, Franchise Consultant for FDS, explains exclusively to the readers of The Franchise Magazine what has changed, why it is different and the how you must adapt to keep ahead of the game.
We often write a lot of material on guidance to already established franchises, but this article explains to those, who have a business and are looking into expanding, the benefits of the franchise route.
When it comes to twitter, there is often an overwhelming temptation to write about what you want to write about, instead of what your target audience would like to read.
We look at the questions you should be asking a franchisor to get the most out of your short window of opportunity with a prospective franchisor.
FDS manual writer and experienced exhibition attendee, Richard Chatten, draws on his years of exhibition experience to help you cut through the bureaucracy and get the information you need.
As part of the process of franchising a business, Gary Rigby of FDS Southern draws on the benefits of his 23 years of experience within the industry to offer a complimentary consultation on the possibilities of franchising a concept or an existing business.
During his forty years of service in the business sector, FDS Anglia and London’s Nick Williams has seen countless franchises and businesses thrive and fail.
Our FREE 'How to Franchise' seminar will be delivered by Nick Williams, a bfa-affiliated Franchise Consultant
You’ve identified your franchise of interest, now its time to quiz the franchisor. Here we reveal what you should consider when evaluating a franchisor.
While the UK’s fragile economy continues to throw a dark shadow over unemployment figures, many people are taking advantage of their situation by securing their future and investing in a franchise
Philippa Dempster of Freeth Cartwright, one of the UK’s leading law firms, tells us why teaming up with your landlord gives financial benefit
Ed Savory, an Associate in Leathes Prior’s franchising team, provides some legal advice before taking up a franchise
Do you dream of running your own business? Have you got the know-how, experience and desirable skills needed to manage a business but no idea where or how to get started? Here Jenna Leeds explains the potential in white-collar franchises
Former franchise owner Sarah Jackson tells The Franchise Magazine how, learning from her own experiences, she was able create a successful and supportive franchise business model
So you’ve decided that you would like to run your own business or you’re thinking you’d like to ‘buy’ a business? Well look no further, as franchising could be the career path for you
Are you new to the franchising industry? Here we explain some of the terminology used in the franchising industry
The groundbreaking FranMatch service, brought to you by Franchise Development Services, makes the franchise recruitment process more productive than ever.
We take a look at the first integral step into franchising – research. Research is key when choosing the franchise for you.
A franchise basically provides the franchise owner the rights to replicate the franchisor’s business, including using their branding and business model, within a designated territory
Ed Savory, an Associate in Leathes Prior’s Franchising Team, provides prospective franchise owners with some useful guidance to taking legal advice
Investing in a franchise is one of the safest ways of owning a business and becoming your own boss. Fraser McKay lists 21 advantages of being a franchise owner.
If you want to own a successful franchise it is vital that you choose the right opportunity for your circumstances and interests. To do this you need to conduct thorough research into the industry and brand before signing a legally binding franchise agreement. Here are five tips to help ensure...
Franchising is a ‘business marriage’ between an existing business (the franchisor) and the newcomer to the business ownership (the franchise owner). THE FRANCHISE OWNER buys licensed rights to clone the whole business package from the franchisor in a specific territory for a specific period,...
A franchise exhibition will be home to hundreds of business opportunities, so knowing what you want to get from your experience is essential.
Owning a Master Franchise is very different to being a franchise owner, often requiring a much higher level of dedication but also producing higher results.
If you're new to franchising, this introduction will give you a basic understanding of the concept, the variety and the requirements of a format for rapidly replicating a proven successful business with the support and branding of a national organisation