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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.
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Looking Ahead to Franchising in 2021
With a new year ahead, we take a look at what is in store for the franchise industry and some of our clients going into 2021.
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Women and Franchising: The Perfect Storm for Future Success
Encouraging Women into Franchising (EWIF) asked their members why it’s important to shine a light on recruiting female franchisees. Helen Mansfield, MD of EWIF, believes the combination of women and franchising is a perfect storm for the future success of franchising.
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Is your Franchise Fit for the UK?
Are you looking to start your own business in the UK? Read this article to find out more about the obstacles facing any entrepreneur bringing their franchise to the UK or Ireland.
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Is Your Franchise Fit for the U.S.?
Curious about what it takes to break into the U.S. franchise market? This article will go over many of the things you need to know when entering this large and well-developed market.