Latest start a business articles

Understanding the Franchising Code of Conduct

Originally posted on 03/01/2018. Updated on 07/04/2019. Franchising is an increasingly popular way of expanding a business in the modern world, but the word franchising still has no official legal definition. Even more concerning, there is no formal regul [...]

Point Franchise Infographic

Originally posted 05/01/2018. Updated 09/04/2019. Franchise for sale UK Are you thinking of becoming your own boss and starting a franchise in the UK in 2019? See our infographic below! It covers tips to start your own franchise and interesting statistics fr [...]

Will Owning A Franchise Make Me Rich?

Originally uploaded on 31/12/2017. Updated on 08/04/2019. There are so many questions people ask about franchising: What are the most successful franchise sectors? Do I need industry or managerial experience? How much control will I have over business decis [...]

Are Low-Cost Franchise Opportunities a Good Investment?

Originally uploaded on 08/09/2017. Updated on 07/04/2019. Entrepreneurs with the ambition to launch and run their own business could realise their dreams by investing in a franchise business. As the amount of low-cost franchises is on the rise, the dream of [...]

Franchisor Definition - What is a Franchisor? A Complete Guide

Originally uploaded on 03/08/2017. Updated on 06/04/2019. A franchisor is a person or company that grants the licence to a third party for the conducting of business under their brand name. The franchisor owns the overall rights and trademarks of the compan [...]

Franchise Definition: What is a Franchise?

Originally uploaded on 02/08/2017. Updated on 06/04/2019. Youve dreamed of running your own business, choosing your own working hours and managing your own workload. A franchise offers all of this, but youre not quite sure what it involves. Lets take a l [...]

Franchise Territory Defined

Originally uploaded on 02/12/2017. Updated on 04/04/19. The benefits of the franchising model are clear to see, but some of the issues that can affect independent businesses can also have an impact on individual franchise units. If a single high street wer [...]

The Best UK Clothing Franchises: Buy a Business off the Peg

Originally posted on 17/10/2017. Updated on 01/04/2019. The British public love to shop. Its thought that we spend, on average, a colossal £1,042 a year on refreshing our wardrobes (Ariel). Research has also shown that the womens clothing market is g [...]

How to Franchise Your Business

Originally uploaded on 06/09/2017. Updated on 31/03/2019. When youre running a successful business, deciding whether to expand using the franchising model is a big decision. Its difficult to know whether its the right thing for you to do for your emplo [...]

The History of Franchising

Originally uploaded 04/03/2018. Updated on31/03/2019. About to make the leap into the franchising world? Lets take a look at the history of the concept and find out how it has developed over the years. The Definition of Franchising Before we go into the [...]

The three types of franchise system

Originally posted on 29/05/2018. Updated on 30/03/2019. Franchising is the perfect solution for savvy entrepreneurs with a desire to own their own business under the support of a well-established and recognisable brand. With the current climate, the franchi [...]

How to Develop a Franchise Business Plan

Originally uploaded on 06/09/2017. Updated on 30/03/2019. A carefully crafted business plan is a key element of any successful business including franchises. Business plans should outline the business strategies and the managers intended method of achie [...]

International Franchising: The Different Models

Originally posted on 25/11/2017. Updated on 28/03/2019. International franchising is when an existing domestic franchise chooses to expand into foreign countries and markets. It can be a complex process and there is a myriad of factors to consider. In part [...]

The Truth About Making Money As A Franchisee

Originally uploaded on 15/01/2018. Updated on 28/03/2019. Becoming a franchisee allows you to be your own boss without the inherent financial risk of starting an independent business. Its an exciting prospect and there are countless franchise investment op [...]

A Guide to Taxes for Franchisees

Originally posted on 21/03/2018. Updated on 25/03/2019. As the saying goes, the only certainties in life are death and taxes, and just like any other business owner, franchisees have to pay taxes. The franchise fee that you pay to the franchisor doesn't mak [...]

How Investing in a Franchise is Worth it

Originally posted on 07/09/2017. Updated on 23/03/2019. Franchising has grown in popularity in recent years and this is partly because it is considered a much safer investment than setting up your own business. Naturally, theres less risk involved; youre [...]

The Real Cost Of Running a Franchise in the UK

Originally posted on 01/09/2017. Updated on 22/03/2019. When most people dream of becoming their own boss, they think about being in control, having flexible working hours and a sense of job satisfaction. But with the perks, come concerns. Starting a busine [...]

Home Based Franchises: How To Do It Successfully

Originally posted on 04/09/2017. Updated on 21/03/2019. While working from home has the obvious benefits of being easy, convenient and flexible, dont assume that home-based franchises are an easier option. There are countless opportunities out there to sta [...]

How Much Money Will I Make as a Franchisee?

Originally posted on 05/02/2018. Updated on 21/03/2019. One of the key advantages to franchising is the ability to determine your own income. Rather than receiving a fixed salary like an employee, franchisees have the power to influence their own income. Th [...]

Best Western Franchise in the UK

The UK hospitality industry is a vast category encompassing anything from lodging, to event planning, to food and drink services. According to UKHospitality, the lucrative sector is thought to be worth between £100 billion and £130 billion. This su [...]

How Does the Franchise Model Differ from Other Business Models?

Originally posted on 01/09/2017. Updated on 17/03/2019. Franchising can be a great way to start your own business. By partnering with an established business, franchisees benefit from their systems and existing customer base. The popularity of franchising [...]

Franchisor and Franchisee: The Importance of a Strong Relationship

Originally posted on 24/12/2017. Updated on 16/03/2019. Forging an effective franchisor-franchisee relationship is the key to most successful franchises, but theres so much more to it than just the franchise agreement. The franchisee and franchisor need t [...]

5 Ways to Get Franchisee Ready

Originally posted on 14/04/2018. Updated on 15/03/2019. Becoming a franchisee is an attractive proposition for many business-minded individuals who dream of managing their own organisation. When considering the possibility of entering into a partnership wit [...]

Bar Franchises: Start Your Own in 2019

Originally posted on 29/01/2019. Updated on 15/03/2019. If youre considering investing in a franchise, you may have only explored traditional safe bets such as restaurants, fast food outlets, convenience stores and retail outlets. However, there are now [...]

What is a Master Franchise? A Complete Guide.

Originally posted on 07/09/2017. Updated on 13/03/2019. A master franchise is one managed by a master franchisee an investor who pays the franchisor a large initial fee to secure the rights to develop the business under the brand name in a specified regio [...]

How to Start a Franchise in the UK

Originally Posted 07/07/2017; Updated on 11/03/19Starting a business by working under a successful brand identity and an established business model has obvious advantages, but the process is not as simple as it might seem. So, here are five pieces of key [...]

Buy a Business with Franchising

Updated on 11/03/19 If you want to start your own business, franchising can be an efficient alternative to going it alone and launching an independent company. Franchising offers all the benefits of self-employment, including a high level of control and a [...]

Best Electrical Franchise Opportunities

When it comes to working with electrical equipment, there are a number of different routes into the sector. Businessowners could choose to open a store that sells electrical equipment or one that repairs electrical equipment, or become an electrical contract [...]

Wasabi Franchise in the UK

Over the last two or three decades, Japanese cuisine has become a firm favourite for many of us Brits. Between 2010 and 2015, the number of Japanese restaurants in the UK increased by 67 percent, outpacing their Chinese and Thai equivalents. With sushi beco [...]

5 Things You Didnt Know About LockRite Locksmiths

LockRite Locksmiths are experts in lock repairs and replacements. It is the largest uniformed locksmith network in the UK and offers services including emergency entry, lock changes, burglary repairs, key cutting and boarding. It also stocks a wide range of [...]