MENU
Franchise - Find franchise Opportunities in the UK, Point Franchise
0
Empty
basket
  • Home
  • Account
  • Franchises by Region, County or City
    • Franchise opportunities by Region
    • Franchise opportunities by County
    • Franchise opportunities by Town / City
  • Franchises by Sectors
    • Business & B2B Services
    • Car & Automotive
    • Cleaning
    • Estate Agency & Property
    • Finance
    • Food
    • Franchise Services
    • Gym, Sport & Beauty
    • Home Based
    • Home Improvement & Construction
    • IT, High-Tech & Online
    • Master Franchise
    • Personal & Home Care Services
    • Pet
    • Restaurant, Coffee Shop & Pub
    • Retail & Stores
    • Travel & Leisure
    • Van Based
    • All sectors and industries
  • Franchises by Investment
    • Low-cost franchises
    • Franchises under £10K
    • Franchises under £20K
    • Franchises under £30K
    • Franchises under £40K
    • Franchises under £50K
    • Franchises under £100K
    • Franchises under £150K
    • Franchises under £200K
    • Franchises over £200K
  • Franchise Directory
  • Franchise Opportunities
    • Best Franchises
    • Most Profitable Franchises
    • New Franchises
  • Franchise News & Articles
    • Franchise News
    • Franchise Articles
    • Dictionary
    • Interviews
  • Franchise Experts
    • Latest articles from our experts
    • Our experts
  • Franchisor Area
    • Get your franchise listed for free
    • Advertise
  • Articles
  • Become a franchisee
  • Business Plan
  • 5 Tips for Building a Business Plan for a Successful Graphic Design Franchise

5 Tips for Building a Business Plan for a Successful Graphic Design Franchise

Share:
Published on 30/09/2021 08:00:00

Long before you get around to enjoying the benefits that running a graphic design franchise brings, you’ll need to put together a business plan. These plans are important as they set out the future direction and ambition for your business. If you’re looking to write a winning business plan, here are 5 key tips for putting it all together.


There are numerous advantages to starting a graphic design franchise, so if you’re looking to cash in on some of them, you’ll need to put together a business plan that sets out your ambitions, financial situation and future growth plans. But in what is a challenging and competitive sector, how exactly do you put together a great business plan?


>> Read more:

  • Get Creative With These Graphic Design Franchise Opportunities
  • How to Become a Graphic Designer
  • How to Make a Career Change with a Graphic Design Franchise

How to create a business plan for a graphic design franchise

Every business plan needs to have a number of key details in every draft. Oftentimes, the most important details are:

  • An executive summary
  • A business description
  • Financial projections
  • Product descriptions
  • A management summary
  • Market analysis
  • Operations
  • Business premises
  • Sales and marketing plans

While every business plan will likely need to feature some extensive and well-researched information on many of the above details, you will also need to tailor your plan to both the sector and your specific business. So with this in mind, here are some ways to put together the right business plan for a successful graphic design franchise.

1. Good research

Every good business plan - business even - starts from a base of solid research. You don’t necessarily need to be able to list off every major detail about your sector, but having a good grounding of many of the key and most relevant statistics gives your business plan the best possible chance of coming to a constructive conclusion.

For example, you might want to consider researching some of the biggest franchises and businesses working in the sector. Assess their strengths, weaknesses, growth figures, and anything else that might prove useful when it comes to setting up your own business. 

2. Your financial situation

When you start your own graphic design business with a big franchise, you can expect to enjoy several major financial benefits. However, this doesn’t mean that financing the start-up and ongoing costs of your business is an easy task. If you can pay the costs up front, then you’re already in a great position, but for the majority, you need to consider how to finance your business.

The good news is that many of the biggest graphic design franchises, such as Fastsigns and Agency Express, have total investments well below the average cost of starting a franchise, which is around £42,200 [British Franchise Association]. And, as franchising is seen as a safe investment, many banks are willing to lend up to 70% of your start-up costs - providing you have a good credit history. 

How you intend to finance your graphic design franchise is something to include in your business plan. It might be that your future growth will be offset by repayments, or perhaps your franchisor will even have its own way of helping finance a new business. But be transparent at all times when it comes to your financial situation.

3. Location

Many new business owners have found that they don’t necessarily need a fixed premises to run their business from. Having such a location means that there will be plenty of rent and maintenance costs to pay. You might prefer instead to run your business remotely.

Running a virtual or remote business is an easy way to avoid many of the traditional costs of running a business, allowing you to focus on generating revenue and improving your profits. Not all franchisors will be looking for franchisees to run a remote business, but it’s worth including in your business plan how you and your employees will be looking to work.


>> Read more:

  • Why Is a Business Plan Important?
  • 4 Reasons Why You Should Take the Time to Create a Business Plan For Your Franchise
  • The Key Elements of a Successful Franchise Business Plan

4. Recruitment

And, speaking of employees, you will also want to have some information on how you intend to recruit. A business is only as talented and experienced as the staff within it, so be sure to highlight what sort of employees will be a good fit for your franchise. Consider some of the following skills and attributes, and whether they would make for good employees:

  • Organisation
  • Creativity
  • Collaborative working
  • Good communication
  • Ambition
  • Determination
  • Desire to succeed 

5. Diversify

Finally, one of the best ways to make a success of any business is to offer a range of services. Rather than throwing all your eggs in one basket, consider offering different services with specialist requirements for each.

By working broadly, not only will you be able to compete across a few different services, you may also find a niche where your business will be the biggest. Make sure you can offer a few different things to your customers, and you could be well set for getting the most out of your franchise.

Build a business plan fit for an ambitious graphic design franchise

The business plan is an important part of any new franchisee’s journey. Get it right, and your business could be well on the way to getting the most out of this creative and exciting industry. 

For other resources on the graphic design sector and how to run a successful franchise within it, you might decide to learn more about how to market your graphic design business, or what the average day of a graphic design franchisee might look like. If the graphic design sector just isn’t for you, try searching for different opportunities on the UK franchise directory for a full list for other franchises in other sectors. 

Elliott Fudge, Point Franchise ©

>> Read more articles on the Graphic Design sector

Agency Express franchise Agency Express
Min. investment £12,500
Van Based
Request
information
Mindspan franchise Mindspan
Min. investment £1,895 +VAT
Business & B2B Services
Request
information
Post & Packing franchise Post & Packing
Min. investment £35,000
Business & B2B Services
Request
information
Driver Hire franchise Driver Hire
Min. investment £32,000
Business & B2B Services
Request
information
Aspray franchise Aspray
Min. investment £17,000
Business & B2B Services
Request
information
These articles may interest you

How to build a business plan for a restaurant franchise

There are certain key elements that should be included in every [...]

Article published on 15/06/2023 12:00

5 Tips for Building a Business Plan for a Successful Property Management Franchise

If you dream of running your own business and have a huge love of all [...]

Article published on 12/04/2022 08:00

4 Tips for Building a Business Plan for a Successful Burger Franchise

If you’re a burger lover who dreams of running a restaurant, you [...]

Article published on 30/03/2022 16:00

Celebrating the best of the best in British franchising

The Elite Franchise Top 100 (EF100) is thrilled to announce the latest [...]

Article published on 05/12/2023 17:26
FRANCHISING EVENTS

The Future is Halal: Emerging Franchise Opportunities in the UK Halal Market

Embracing a Growing Market  In a world that’s becoming [...]

Article published on 21/07/2023 09:23
TOP FRANCHISES

8 Steps for Opening a Car Repair Garage

Transport is part of our daily lives. We drive to work, take the [...]

Article published on 28/06/2023 16:27
STARTING A FRANCHISE
Did you enjoy this article? Please rate this article
Be the first to rate this article
Newsletter Envelope

Did you enjoy this article?
Subscribe to our newsletter!

Receive up-to-date industry news, in-depth articles and the newest franchise opportunities directly to your inbox.

0 Comments

Still no comment for this article. Be the first to publish a comment!

Post a comment

Characters remaining: 250

Top 4 recruiting sectors
  • Dessert Franchises
  • Garage & Car Repair Franchises
  • Kids & Childrens Franchises
  • Security Franchises
Top 5 franchise opportunities
  • Franchise Local Shops Local Shops Franchise
  • Franchise NLP4Kids NLP4Kids Franchise
  • Franchise People Building People Building Franchise
  • Franchise Tubz Vending Tubz Vending Franchise
  • Franchise Your Local Takeaways Your Local Takeaways Franchise
Top 5 recruiting cities
  • 1 Birmingham
  • 2 Bristol
  • 3 Glasgow
  • 4 Leeds
  • 5 Manchester
Franchises by
minimum investment
Low-cost franchises Franchises under £10K Franchises under £20K Franchises under £30K Franchises under £40K Franchises under £50K Franchises under £100K Franchises under £150K Franchises under £200K Franchises over £200K
Latest News
  • Caremark - Caremark secures top 10 place in esteemed league table
  • Aspray - George Cusack Renews Aspray Franchise, Reinforcing the...
  • TaxAssist Accountants - Price setting has never been easier for TaxAssist network
  • TaxAssist Accountants - Franchise resale success for TaxAssist Accountants in 2023
  • TaxAssist Accountants - TaxAssist Accountants Crawley welcomes new owner
Newsletter Envelope

Did you enjoy this article?
Subscribe to our newsletter!

Receive up-to-date industry news, in-depth articles and the newest franchise opportunities directly to your inbox.

Find your franchise
  • UK Franchise Directory
  • Best Franchises
  • New Franchises
  • Most Profitable Franchises
  • Dictionary
  • Interviews
  • Checklist
Our top guides
  • Franchise for Sale
  • Franchise Definition
  • Starting a Franchise
  • What is a Franchisee?
  • What is a Franchisor?
  • Franchise Agreement
  • Franchise Shows and Exhibitions
Are you a franchisor?
  • Advertise your franchise with us
Subscribe to our newsletter
Useful links
  • About us
  • Privacy policy
  • Sitemap
  • Contact us
  • Consent notices
  • Terms and conditions
  • Disclaimer
  • Our writers
Follow us
Infopro Digital
✕
point franchises newsletter

Keep up to date with the franchise industry