Your first year as a franchisee is likely to be very exciting and daunting in equal measure. It can be tricky to adjust as life to a franchisee, particularly if you’ve never spent time as your own boss. Here are some of the challenges you can expect to face, and our best tips for overcoming them.
A successful invoice ends a project on a high note, ensures timely payment, and potentially even secures future work. With our simple set of tips for successful invoicing, you’ll be hitting the mark every time in no time at all.
Payroll is an integral part of running your own business, and running it smoothly. Paying your employees correctly and on time is an absolute must, so if you have employees, you NEED a successful payroll processing system.
Whether you’re running a franchise or running your own business, the basics can be tougher than they seem. Figuring out how to setup a limited company can be an intimidating process, with many different technical terms to wade through, so we’ve put together a simple guide to help you through.
If you’re a self-employed person running your own business, you automatically become a sole trader. Some business owners and franchisees will choose to remain sole traders in the long term, while others will choose to set up a limited company or some other kind of legal enterprise.
Signing a franchise agreement is a big commitment, and a franchise contract renewal is a means you’re willing to do it all again. When things aren’t working out between you and your franchisee, knowing how to end a franchise contract gracefully is extremely important.
Starting a new business can be a difficult process. When you’re building up a brand from scratch, you don’t have an established business model to fall back on, and you don’t have the support of an expert franchisor. All the risk that you take on is yours alone.
We caught up with Alex and Paul Dodgshon, veteran franchisees and now board members of Business Partnership, to find out more about this exciting franchise opportunity. Here’s what they had to say about Covid-19, Brexit, and scouting out the perfect franchisees.
The Prime Minister Boris Johnson has unveiled his much-anticipated ‘roadmap’ to ease restrictions across England. As more and more people receive vaccinations, businesses can start to make plans for reopening.
The world is constantly changing, and success will only be achieved through adaptation. The new faces of franchising are exciting, diverse and innovative, adding depth and value to the sector and helping units across the UK to keep up with the latest franchising trends.
Franchising is a fantastic way to run your own business at a lower level of risk, following a proven business model and counting on the support of your franchisor.
If you’re interested in running a franchise in the food sector, a crepe business would be a fantastic option. Not only is it an affordable and profitable investment option, but a delicious one, too.
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.
Running your own business isn’t easy, but with franchising, it’s possible. If you’re able to drive and interested in working closely with customers - often travelling to and working in their homes - you could start a van based franchise today.
When you’re entering the world of franchising and starting a domestic cleaning business, you’ll find that there’s a lot of demand to work with. But as a result? There’s also a lot of competition to contend with.
Business plans are at the heart of successful franchises up and down the UK. These important documents set out the plan for your business’ growth, place in the market and unique selling points.
Running a dog grooming franchise is a great way to combine profit and passion, giving you all the benefits of running your own business while allowing you to care for pampered pooches each working day.
If running a dog daycare business sounds like an ideal way to spend every working day, why not start a dog boarding franchise? You’ll have all the freedom of ownership AND all the support of a franchisor.
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.
Making difficult decisions about the health and direction of your business is never easy, but as a franchisor, it’s extremely necessary. Some choices can’t be avoided, even if they’re tough. Here’s four examples.
Marie Piercy founded in 2017 but prior to this she worked in sales management roles in Leisure industry for 10 years having studied business management at university. Marie then moved into the recruitment industry, where she worked for over 10 years.
Running a franchise can be flexible, exciting and profitable. It can also be challenging, particularly for first-time franchisees. Here are the five mistakes you should avoid making at all costs when you’re starting a franchise for the first time. Mistakes happen.
If you’re hoping to imitate top performing franchisees and build yourself a profitable and sustainable empire, you’ll need to ensure that you’re working in the most efficient way possible. Here, we take a look at which professional habits and personal qualities can help you rise to the top.
Finding the right franchisees to join a niche franchise can be a challenge. Alex and Paul Dodgson, board members and franchisees with Business Partnership, shared their experience and top tips for finding excellent franchisees for a specialist franchise.
Point Franchise
