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Attend Franchise Exhibitions If You Are Thinking About Buying A Franchise
Richard Pakey, Managing Director of Lime Licensing Group, explains why Franchise Exhibitions are worth attending if you are serious about investing in a franchise opportunity.
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Franchise Direct Releases its 2021 Top 100 Franchises Report for the UK
For the third year in a row, Franchise Direct has released its annual Top 100 Franchises ranking for the UK. This report is an essential look at the top franchises operating across the United Kingdom in 2021.
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On-boarding and Training for Franchisees
A short article explaining how to provide training and ongoing support for your franchisees.
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Assessing the Franchisee
Want to know if a candidate is a good fit for your franchise? View the following checklist in how you should assess potential franchisees interested in investing in your franchise operation…
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Developing the Franchise
View these nine central points you must consider and incorporate in your franchise package. Use this list as a reference guide when you are developing your franchise business system.
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The Pilot Franchise
A pilot franchise is a very good idea for potential franchisors to undertake before committing to franchising the business. It allows the potential franchisor to assess the business model and its attributes before deciding it is worth the investment to expand the business.
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Becoming a Franchise
The first issue a new franchisor must address before franchising its business, is to consider the following four key elements- longevity and potential of products/and or services; unique brand and business identity; model is easy to operate and capable management systems established- to make the franchise system work to the best of its ability.
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Procedure for Selecting Franchisees
View the following list of relevant questions and the procedure in which you should ask these questions to assess potential franchisees abilities and skills and if they are suitable representatives of your franchise operation.
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Tips for Growing Your Franchise Business
Read this article to find out more about growing your franchise and taking your career as a franchisee to the next level!
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Franchise Fees
As a franchisee, you are expected to pay an upfront fee or joining fee as well as on-going fees or royalties to the franchisor. For a full summary of the fees you will be expected to pay as a franchisee, click on the link provided.