This certified course is designed to provide you with the information you need to become a successful franchise owner from taking the decision to become a franchise owner to setting up and running your new venture.

The course is split into the following modules and lessons

Module One: Introduction to Franchising, is Franchising for you?

• What is franchising?
• The Franchise relationship, some franchising myths
• Franchising how it started, the size of today's UK market
• What's needed to be a good franchise owner
• Key supporting players in the industry

Module Two: The cost of buying a Franchise and the availability of finance

• Start-up costs
• Raising the capital
• Banks lending criteria
• Business plan
• Essential accounting knowledge

Module Three: The Franchise Agreement and other franchise documents

• An overview of the Agreement
• The Agreement and how it affects the franchise owner at the start
• Managing your franchise with help from the Franchisor
• Managing your Franchise, the Franchise Owner's responsibilities
• Fees and other matters noted in the agreement

Module Four: Getting started, finding the right franchise

• What we know so far? (self help questions)
• Suggested answers to self help questions
• Qualities of a good franchisor
• Staffing issues
• Selecting a site

Module Five: Franchise selection and development

• Selecting your franchise
• Attracting and keeping customers
• Training and other support
• Developing working relationships
• The new beginning