Summary of Operation:
Launched in 2001, Business for Breakfast (BforB) is now the proven blueprint for running a successful business referral Franchise in UK and Europe. BforB has firmly established itself as one of the UK’s leading and thriving business networking organisations.
Ideal Franchise Owner:
A self-motivated individual with strong desire to succeed. Approachable and willing to work with business people. Willing to learn and adapt or implement processes in their local area, with good understanding of customer service and is willing to work hard especially on the first two years of establishing and developing the business.
Four-day residential training inclusive of practical hands-on shadowing and experience from existing Business For Breakfast franchise owner; yearly business plan review.
Head office or appointed convenient venue.
Three months technical and on-site support; quarterly regional development meeting.
Year Established: 2001
Year of First Franchise: 2004
Number of Company Outlets: 0
Number of Franchised Outlets: 31
Franchises Planned: 50
Areas of Priority Development: Birmingham, Central London, Oxfordshire and Scotland.
Overseas Opportunities Exist: Poland.
Overseas Opportunities Planned: Ireland and Australia.
Total Cost of Franchise: From £23,000 + VAT
Initial Investment: £20000
Management Service Fees Payable:
Breakdown of Package: £9,500 licence fee, £3,000 training and training materials, £5,000 start–up stationery and start–up marketing materials and database. £2,500 support and mentoring.
Financial Assistance Available: NatWest, RBS.
BFA Member: No
IFA Member: No