Buying a franchise is not a simple process, although of course you could always take 30 thousand pounds and buy almost any franchise you want but this would not be a good idea. The steps involved include ensuring that not only is the franchise a good opportunity but that it is also the right opportunity for you and vice versa.
When buying a franchise cost is always an issue, so is value for money, which is why there are benefits to buying new franchises in their first year or 2 of...
Can a Low Cost Franchise be a Good Investment
When buying a low cost franchise there can be many reasons for why the franchise is low cost and in this article I am going to detail why they may be so and what to watch our for with some low cost franchises.
Firstly though, what do i mean by a low cost franchise? Many franchises cost 50,000 upwards, some coming in at several hundred thousand pounds. A low cost franchise is generally anything under the 15 thousand pound mark and is close to an investment level that everyone can afford.
Buy UK Business Franchises Vs Start Your Own Business
When considering buying a mobile business franchise, there are certain fees involved. The method of calculating associated costs or fees can vary. Franchise fees can be a major expense and should be carefully considered to the expected return on investment. This articles looks at some of the popular mobile business franchises and the method of calculating fees.
Types of Mobile Business Franchises
Mobile service businesses are becoming more popular because consumers like the convenience that...
Factors to Consider When Buying a Franchise
when buying a franchise there are several factors you need to take into consideration before going ahead with your purchase. To ensure that the franchise is not only suited to you, your interests and your experiences and to ensure that the franchise is a viable opportunity capable of living up to the promises stated in the promotional materials and the franchise interview process.
Factors to take into consideration
Firstly you want to ensure that the franchise you are looking to buy into is...
Where Do You Get Franchise Information
The more I look into the Franchise Industry, the more it is apparent that most Information is geared around selling franchises. The Business Franchise is exactly that - big business.
If you do a search on Google on 'franchise' or 'franchise information' then you are likely to be presented with thousands of pages of franchise advertisers, franchise consultants, franchise marketplace websites and possible a franchise association.
I have been seriously researching the industry for a number of...
New Franchise Opportunities
New franchise opportunities in the UK are coming available on a weekly basis, with the explosion of franchise consultants on the market franchising your business has never been easier. But what make a good business to franchise and what makes a good franchise to buy into?
Firstly it has to have a proven business model and this is where many franchises fail their franchisees. I call them Made To Franchise businesses and these are there to take the franchise fee + a monthly % of profits or a...
Steps to Buying Courier Franchises
The purchase of a courier franchise business is different from the purchase of an independent business. As a franchisee you will be party to a long-term relationship with your courier franchisor and you will agree to run the business in accordance with the franchisor’s system.
Buying courier franchises has the advantages of offering many benefits, such as:
A uniform, consistent business that often relies on a successful formula
Support from the franchisor in respect of knowledge relating to...
A Franchise Can be For Everyone
Long gone are the days where buying into a franchise opportunity is going to cost you upwards of 50,000 to 500,000 pounds, with new technologies and communications being at it's optimum we can now all have the opportunity to work from home without the need for expensive offices or shop fronts. Such franchise opportunities as a business vending franchise or a business training franchises or an internet based franchise have become widespread and many of these can cost from 4,000 to 15,000 pounds,...
When looking at buying a franchise you need to be able to evaluate the franchise on offer and your own skills and likes. Being able to pick the right franchise for you is the first step to ensuring a long term business that provides stability to you and your family.
Analysing the franchise package you should be looking at:
Training – The franchisee is given the necessary training to start his business and eventually run it smoothly. The franchisee as well as his employees are taught all the...
Making the Right Choice When Buying a Sports Franchise
Many people who have had either a sports career or lifetime sports hobby find that once they have hit their thirties the career options available to them are rapidly expanding from being an active sports person to coaching, training and teaching. As such there are 3 main options available.
1. Find employment within the sports industry.
2. Starting a standalone sports based business.
3. Buying a sports franchise.
Of the above it is not always easy to find employment with a substantial enough...