What is an ‘intrapreneur’, you ask? And how is it different from an entrepreneur? In this article, we’re going to explain the difference between intrapreneurs and entrepreneurs and outline which franchise opportunities suit these two distinct types of businesspeople.
Looking to expand your franchise in a new country, or try multi-unit franchising to grow faster? Becoming a master franchisor is a great way to grow, but it does mean handing over some control. Here are all the pros and cons of master franchising.
Master franchises have become increasingly popular, especially in the franchising industry. If you are looking to expand your business globally, a master franchise can be a great way to do it.
If you’re looking to start a windscreen repair business in 2022, joining a sector that enjoys steady demand and high levels of repeat custom, then you need to know how to go about building a business plan for that windscreen repair business.
If you’re a persuasive people person with a head for business, running a recruitment franchise could be the perfect professional adventure for you to embark on next.
As the world slowly moves back towards business as normal, there’s never been a better time to invest in a finance franchise. This bustling sector has always been a moneymaker - and in 2022, the story is no different.
If you’re a burger lover who dreams of running a restaurant, you might find yourself considering a franchise investment in 2022. It’s a hugely viable option considering the UK burger industry is booming right now, but with that demand comes lots of competition.
The British Franchise Association (BFA) is one of the largest organisations governing the franchise industry and has a huge selection of resources for people looking to grow their businesses. Here’s a run-down of how the BFA is supporting franchisees during the Covid-19 pandemic.
Starting an international franchise is both an exhilarating and daunting prospect. Before you make that leap, you’ll need to jump through a lot of other hoops, and gather as much information as you can. Here are five things you need to know before embarking on a foreign franchising journey.
Soft skills are incredibly important, not only in the professional world, but in everyday life too. First things first, though – what actually are soft skills? Let’s look at the term in more detail. What are soft skills? Soft skills are essentially ‘people skills’.
For many parents, working part-time or from home allows them to earn a flexible living, in order to raise the little ones while still having enough time to make memories.
Starting a franchise business can be a fantastic decision if you’re focusing on career advancement. But many people don’t realise they already have the skills and mindset to take the leap. Let’s take a look at how you can find out whether you’re ready to start a franchise unit.
If you find yourself at home with more time on your hands due to the COVID-19 crisis, you can use this as an opportunity to brush up on your soft skills. They are, after all, the building blocks of running a successful business.
You’ve spent years building up your family-run franchise from the ground. Now, as you approach retirement, or as a new challenge looms, you might be thinking about passing your business on to the next generation of your family.
Tough times have the potential to uncover the ugly side of every relationship – including the one you’ve got with your franchisor. But if you’re not familiar with franchise law or proper conflict resolution tactics, it can be tricky to resolve disputes with your franchisor, legal or not.
The best franchise owners fill their free time with plenty of learning and development work, and books can be a fantastic way to grow as a business owner. Here are nine of the most useful books you can read if you’re serious about being successful in the franchising world.
If you’re constantly blighted by the same business pain points, it can divert your attention from growing your franchise. In this article, we’re going to share some simple solutions for business problems that will make running a successful business so much easier.
You might think of franchising as being a fairly new concept, but some businesses in the industry have been in operation since the 19th century! Here, we look at some of the oldest organisations in the history of franchising, and what we can learn from their success.
Transitioning back to work after an extended leave isn’t always as straightforward and easy as you’d hope. If you’re concerned about how to get back into the swing of things, you’re not alone.
Learning how to build a budget for your franchise is one of the most important things for any new franchisee to get to grips with. A good business budget is one of the cornerstones of managing your finances.
In this Franchising 101 article, we take a look at why tracking your expenses and building a budget is so important and how to build a budget that leads to long-term success. It’s widely considered in the business world that before you can make money you need to know how you are going to spend it.
We strongly recommend franchisors join a franchise association to give their franchise network more credibility. This is our guide for doing so. In some countries, franchising is regulated by the government. But in the UK, this is not the case.
No business owner wants to make staff redundant, but if worst comes to worst, you need to know how to handle the process efficiently, professionally and compassionately. We’ve listed the 12 steps you need to take when managing redundancy.
If you’re in the process of launching an independent start-up and want to build a franchise network, it’s important you keep your goal in mind from the outset. In this article, we reveal how to start a new business with a view to turning it into a franchise.
If you’re struggling to keep your business afloat, you can access proven strategies and expert support through the franchise model. Running an independent start-up is tough, but converting a business into a franchise unit is one way to gain security with a larger organisation.
No business is immune to security breaches. Large firms are attractive to cyber criminals for their huge volumes of data, while smaller companies are easy targets, due to limitations in their IT systems.
Are you interested in becoming your own boss but apprehensive about getting started? We believe there’s no reason to delay your investment, because anyone can run a franchise business.
It’s surprisingly common to feel nervous, anxious or out of your depth when running your own business. Becoming a successful entrepreneur involves a huge amount of self-belief and personal motivation, but with a bit of effort, you can get there.
Running a successful business? If you’re a keen entrepreneur, expansion plans are likely to be on your mind. Kicking off 2021 by creating a new business or setting up operations in a different location is an effective way to bring in more profit for your business - and your bank account.
Opening your own restaurant brings plenty of challenges along with it, from the cost of the initial investment, to the time you’ll need to dedicate to preparing all of your food and managing stock levels properly.
Poundland is one of the UK’s biggest discount store chains, selling everything from shampoo to weed killer for just £1. Let’s take a look at the man who fills the role of Poundland director, and how he came to be involved in the business.
If you’ve always been on the fence about starting a career in the estate agency industry and aren’t sure if you’ve got what it takes, this is the article for you. Today, we consider what traits make a successful estate agent to help you decide if you’re right for the role.
Women are thriving in the world of franchising. We look at how the gender balance is shifting as women make strides with their own businesses – showcased by four key players in franchising. Although it may have been in the past, franchising is certainly no longer a man’s world.
We’ve all got something we’d like to change about ourselves, but what if that ‘bad’ trait could make you a successful franchisee? Turns out, that stubborn streak, the chattiness that always earns you a telling off or your intense dislike of having colleagues could actually be your key to success.
Can a franchisor terminate the franchise agreement? The answer is yes, if you stick to the official process set out within it. Keep reading to find out how you break up with a franchisee without risking your money and reputation.
The UK’s second national lockdown will bring in new restrictions, with varying rules across industries. Here’s our guide to the Covid-19 government regulations and the business support on offer.
Point Franchise
_0ae1c34887.webp)
_ad03c13af4.webp)
