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Franchisee Financial and Professional Background


Needless to say money is tight for most people in the UK, including potential franchisees, and therefore low cost franchise opportunities remain extremely popular. The large majority of respondents placed their budget in the below £15,000 category, however the majority indicated that they would be comfortable taking out financing with a financial institution to fund their new franchise business venture.

Answer Options Response Percent
Less than £15,000 54%
£15,000 to £50,000 33%
More than £50,000 13%


Franchise Direct Visitor Survey

Would you be comfortable taking out financing from a financial institution to fund a new business venture?

Answer Options Response Percent
Yes 70.9%
No 29.1%


Franchise Direct Visitor Survey

Do you have management experience?

83.5 % of respondents say they have management experience, but our users are obviously looking for a change in their lifestyle as 63.9% of respondents indicated that they would prefer to operate a “hands on” business as opposed to a managerial business.

This also means that our visitors are very aware of the work they will have to carry out as new business owners. Often, new franchisees expect the business to be set up and ready to go from day one without realising the amount of "hands on" work that will need to be carried out. A franchisee will often have the option of starting their business small, carrying out all the work and then, as the business grows, employing staff to carry out other work and managing the overall operation themselves. However, it can often be a while before the franchisee will able to adopt this managerial role and it's good to see that the majority of our visitors are aware of the realities of starting their own business.


Answer Options Response Percent
Yes 83.5%
No 16.5%


Franchise Direct Visitor Survey

Which would you prefer to operate?

Answer Options Response Percent
A hands on business 63.9%
A managerial business 36.1%


Franchise Direct Visitor Survey


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