Top 5 New Franchise Opportunities
What makes a good franchise business opportunity? Is it the training and support programme thatís provided? Or maybe itís the tried and tested business model with a proven track record of success? But, is it possible to get these benefits with even the best new franchises?
If you have concerns about investing in an upcoming franchise, then youíre not alone. Many entrepreneurs are apprehensive of the unknown, and a new franchise is an unproven concept with little or no track record.
New franchises 2018
You could be missing a trick though. Some of the most exciting, innovative and best franchises to buy are relatively new to franchising. Here are our top 5 new franchises for you to consider.
Commercial Finance Network Franchise
Ever fancied being a commercial mortgage broker, but donít have any previous experience in the financial sector? Then look no further. Commercial Finance Network could be the perfect franchise business opportunity for you.
Not only will you benefit from comprehensive training, but youíll get a crash course in marketing too. This will provide you with the information you need to understand the different products on offer so you can give your clients the best service possible. Youíll also be introduced to an extensive panel of lenders and commercial loan providers.
As well as the training programme, youíll be given an operating manual, which contains all the key product offerings and lender requirements, as well as the business tools to meet the needs of your clients. It will also include the techniques required to develop and grow your business.
After youíre fully trained, youíll be able access online support and training whenever you need it.
Intellidance is a form of creative dance developed to aid the development of children from new born to five years old.
Rather than being a franchise business opportunity, joining the Intellidance brand is a licensed programme and so there will be no ongoing fees. You simply pay to become a certified Intellidance teacher, with costs ranging from £1,450 to £2,800. To gain certification, youíd be responsible for completing a series of written and practical assessments.
This opportunity provides total flexibility, both in the way you train and the way you earn your income. You can choose to work where you want and how often. You decide whether to make it a part time or full time business.
Nixy was founded in 2015 by a talented and creative fashion designer. This is surely one of the best franchises to buy for budding fashion entrepreneurs who want to be part of a new and innovative brand.
They specialise in marketing and retailing of clothing including - elegant wear, formal wear, party wear and exclusive silk scarves. As a franchisee, youíll receive training and support to make sure you can run a successful business. No previous experience is necessary, but having good business and communication skills, along with passion and ambition, is preferred.
This is one of the best new franchises to buy for those who have a passion for drama and education. Debutots is a rewarding and flexible opportunity where youíre in control of how much you earn while you encourage children to learn through dramatic play classes.
Research has shown that youngsters are able to develop social skills and grow in confidence through creativity. As a Debutots franchisee youíll deliver classes in schools, nurseries and childrenís centres within your local area.
Youíll receive comprehensive training when you join the franchise which includes practical and business training, weekly mentoring support and advice and guidance on hand whenever you need it. Youíll also get the chance to meet up with other franchisees on an annual basis where you can share stories, ideas and experiences.
You donít need to have any specific experience or qualifications in education or drama, but passion, enthusiasm and the confidence to tell a story are needed by the bucket load.
This could be the best franchises to buy for pizza lovers. Fireaway are a new and exciting artisan pizza restaurant that allows customers to design their own pizza and have it cooked within 180 seconds. Now thatís fast food.
With three restaurants, already open in London. Fireaway are on the lookout for franchisees to take the concept to other areas of the UK. As this is one of the best new franchises around who are focussed on growing the brand, the only cost to you is a franchise fee of £249 and a £50 contribution to the marketing fund per month.
Fireaway will take care of everything to get you up and running. The companyís in-house builders will fit out the restaurant, theyíll provide authentic Italian chefs and take care of all the marketing. And, whatís more, no previous business or restaurant experience is needed. Itís a real turnkey opportunity for any first-time franchisees.
Benefits of investing in a new franchise
So, if you fancy the challenge of a new franchise, one of these opportunities could be the start of your journey to becoming your own boss. Yes, there are risks involved with investing in a franchise that hasnít been formed for very long, but there are plenty of benefits too.
Upcoming franchises often give you the chance to have your pick of prime locations that a more established franchise just couldnít give you. There are also many more opportunities to grow your franchise within a newer business.
Finally, new franchises can offer something a bit different. They are creative and motivating, often using technology and digital advancements to provide unique products and services. This means that the competition is reduced and so thereís a higher likelihood that the franchise will become a brand leader.
A new franchise may not have originally been your first choice, but finding the right one could offer a challenging and thrilling opportunity with a difference.
The Editorial Team, Point Franchise ©
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