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Kate Tuomey

July 8, 2010

Business Start Up Stimulus with Franchise Direct Exclusive Offers

Franchise Direct, the UK’s leading online portal of franchise opportunities, is excited to announce the launch of their Exclusive Franchise Direct UK Offers campaign. The campaign, exclusive to Franchise Direct, features discounts and special offers from some of the UK’s leading franchises, including APS Legal & Associates and Husse – the highly successful Swedish pet franchise.

The campaign has been established to encourage franchises to offer discounts to potential franchisees in the UK so that the level of new business start ups in the UK will increase. Unemployment levels rose in the first quarter of 2010, and it is clear that a stimulus is needed to spur more and more UK entrepreneurs into business. The campaign will last throughout the summer months and into late September and will feature discounted franchise opportunities from a diverse range of industries including business consultancy, web design, education and children’s fitness franchises.

During an economic low, franchise opportunities offer real career alternatives to individuals facing redundancy and unemployment. Working from a proven business model, under a recognisable brand, franchises have a higher success rate than independent small businesses. In conversation with Franchise Direct recently, chairperson of the International Franchise Association Dina Dwyer Owens described franchising as “the real economic stimulus plan”. Franchise Direct hopes that the summer campaign will enable more people to start their own business and keep the British economy working towards an economic recovery.

Speaking about the launch, Director of European Sales for Franchise Direct Brian Rogan said “we hope the campaign will make more people aware of the wide range of franchise opportunities available today. The discounted franchises for sale will offer individuals real opportunities to start their own business. Some franchises are offering two for one offers on their products, others are offering financing packages or reduced franchise start up fees.”

Budding entrepreneurs interested in browsing the directory of Exclusive Offers should visit the following link: http://www.franchisedirect.co.uk/exclusiveoffers/


Kate Tuomey

May 1, 2009

Franchises on Sale as Part of Recession Buster Campaign

Franchise Direct, the UK’s leading online portal of franchise opportunities, is excited to announce the launch of their summer Recession Buster campaign.

The campaign, exclusive to Franchise Direct, features discounts and special offers from some of the UK’s leading franchises, including Guardian Financial Group and EnviroVent – the energy saving home improvements franchise, who recently won a Queen’s Award for Innovation.

The Recession Buster campaign has been established to encourage franchises to offer discounts to individuals in the UK so that the level of new business start ups in the UK will increase. The campaign will last from May 1st right through the summer until August 31st 2009 and will feature discounted franchise opportunities from a diverse range of industries including financial and accounting, home improvements, health and beauty and children’s fitness franchises.

During the economic recession, franchise opportunities offer real career alternatives to individuals facing redundancy and unemployment. Working from a proven business model, under a recognisable brand, franchises have a higher success rate than independent small businesses. In conversation with Franchise Direct recently, chairperson of the International Franchise Association Dina Dwyer Owens described franchising as “the real economic stimulus plan”. Franchise Direct hopes that the summer campaign will enable more people to start their own business and keep the British economy going.

Speaking about the launch, Director of European Sales for Franchise Direct Brian Rogan said “we hope the campaign will make more people aware of the wide range of franchise opportunities available today. The discounted franchises for sale will offer individuals real opportunities to start their own business. Some franchises are offering two for one offers on their products, others are offering financing packages or reduced franchise start up fees.”

Budding entrepreneurs interested in browsing the directory of Recession Buster Offers should visit the Recession Buster Directory.


Frantrepreneur

July 15, 2008

Finding your low-cost franchise…

If you have limited funds to invest in a franchise or business opportunity, you can always invest in a “low-cost franchise” opportunity.  One myth about low-cost franchises is you are not going get “your money’s worth” so you won’t get the best franchise available than if you had a larger sum to invest with. This is not true, what matters are your research objectives and how you investigate a low-cost franchise.

View the following list of criteria you should keep in mind when assessing a low cost franchise or business opportunity…

  • Finding a FranchiseWhat training and support does the franchise offer? A key element in the franchise package is the opportunity to avail of training and on-going support. It is vital your franchisor offers both to ensure the success of your franchise business.
  • Has the franchisor been in business for long? How many franchisees are currently operating a franchise? First thing you should ask is how long the business has been running and if it is a relatively new franchised business, you should ask for proven results for the business system, so you know you are investing in a “new” business but with a model that has been tried and tested prior to franchising.
  • Second thing you should ask is to speak to all existing franchisees. You don’t need to contact all of them, but it would be in your best interests to randomly select three to four franchisees and ask them their opinion on the franchise business… Although a franchise can advertise their business as “low cost,” they can incur hefty royalty fees to make up the price in the long term.
  • Make sure you know all prices involved from the start of your research - initial fee, royalty fee, liquid capital fee, etc. This will ensure you will not end up paying more than you thought at the beginning.

  • Compare and contrast a low cost franchise with a high cost franchise competitor and assess why one franchise is cheaper to invest in than the other.
  • Consider the package that is been offered, assess vital topics such as training, support, help with marketing and location if you are buying into a premises… always research a franchise with due diligence and understanding of the key elements involved within the franchise operation.

These steps will help ensure you are investing in a low-cost franchise that will legitimately get you the results and rewards you want!



 

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