Ever wondered what multi-level marketing (MLM) is? Here, we take a deep dive into the business model, looking at its pros and cons, as well as some of the best known MLM brands.
In a franchisor-franchisee relationship, both parties work together to achieve success. The importance of a positive franchisor-franchisee relationship is high, and every aspect of the business can be impacted by the strength of this central relationship.
It’s easy to slip into a rut, using the same old promotional material templates time and time again. So, we’ve collected eight of the best and most innovative marketing ideas to get your creative juices flowing.
When you’re a franchisee, you operate your own business, with the franchisor above you and your employees below you. To keep things running smoothly, you’ll need to minimise disagreements with both groups. Here are our top tips for managing conflict as a franchisee.
Whether you’re converting your independent business into a franchise network or thinking about investing in an existing company, consulting a specialist legal advisor is a sensible choice. But knowing how to find a franchise lawyer with the right level of experience can be tricky.
Being a business owner is about more than just turning a profit; as a leader in your community, you have the chance to make a real impact on those around you. Keep reading to find out how to support the causes you care about through your company.
We’ve all been there; stuck in a never-ending loop of distraction and frustration. In years gone by, we’d have to put all our effort into trying to boost productivity ourselves but, happily, there is now a plethora of digital time-saving tools available.
If you’re running your own business, it can be hard to know when to start your employee recruitment scheme - particularly if you’ve been going it alone for some time. Luckily, there are a few signs to look out for.
We all need to focus on wellbeing from time to time, but taking care of your mental health as a business owner is vital. Being responsible for the success of an organisation and a team of employees can take its toll, but there are plenty of resources out there to help you maintain positivity.
When you’re busy running your own business, it can be easy to slip into unhealthy routines. Chances are, you’re focussed on achieving success and sometimes your determination to reach goals sometimes clouds your perspective.
Podcasts can give you information, insight and reassurance - all while you get on with your day - and there are lots of resources for entrepreneurs out there. Get ready for a career change or learn to be a better business owner with these top entrepreneurship podcasts.
As a successful franchisee, there are lots of ways you can support the local community. If you’re looking for guidance on how franchisees can play a role in supporting the residents and businesses around them, here are some of our best ideas.
Seeing your money drip away through monthly bills can be demoralising, particularly if you’re trying to run an economically-efficient business. But if you’re wondering how to save money as a business owner, you’re in luck - there are lots of creative ways to reduce your outgoings.
In a world that’s more connected than ever, distractions are waiting around every corner. It can be difficult, as a business owner, to stay focused and productive at work. Whether you’re running your own business or running a franchise, your attention is always being pulled in multiple directions.
Effectively dealing with franchisee underperformance can be difficult at every stage of the franchising process. But, as a franchisor, this is one of your primary responsibilities, and poor performance can quickly impact your brand reputation.
Sustainability is a hot topic right now, and after a period of pandemic-induced reflection, more people are investing in protecting the environment and safeguarding the future of the planet than ever.
Knowing how to create engaging video content is becoming more and more important for business owners as time goes on. Consumers are increasingly favouring videos over written marketing material; they’re usually short, informative and engaging. Keep reading for our best video production tips.
If you want to advertise your franchise business, writing a press release is a great step to take. Although it may seem complicated and time-consuming at first, it can be a simple and highly effective way to spread news once you know the formula.
Everyone makes mistakes - even the CEOs of huge franchise brands. But by educating ourselves on the blunders other people have suffered previously, we can reduce the chances of slipping up ourselves. Here are eight of the biggest marketing mistakes made by franchises in recent years.
As the pandemic has forced companies to embrace new ways of working, many bosses are considering incorporating remote operations into their long-term business plans.
As time goes on, franchisors are increasingly finding ways to incorporate technology into their business networks, a process accelerated by the Covid-19 pandemic.
The franchise agreement represents a legal partnership and outlines the responsibilities of each party. But, as a franchisor, you have a duty of care towards your investors, which doesn’t end until they leave your business.
Customer experience, often styled as CX, is becoming more and more important in an increasingly competitive marketplace. Make your franchise stand out from the crowd by providing memorable, quality customer service. Running your own business in 2021 means competing on many different levels.
Running a franchise can be a demanding job. In order to be successful as a franchisee, you’ll need to quickly learn how to set realistic expectations for yourself. How to get the work done in a way that works for you. Here are some tips to help you do just that.
Interested in working in a dynamic, diverse environment that caters to the needs of new people everyday? Then a career as a restaurant franchisee might be perfect for you! Here are six tips for running a restaurant franchise successfully in an undeniably competitive industry.
If you’re interested in working in an exciting, recession-proof industry that’s currently seeing record levels of demand, running an estate agency franchise could be perfect for you! Here are 5 tips for running a successful estate agency business Lots of businesses have found it tough over the last
If you’re looking to make a franchise investment which will require minimal management but will yield impressive returns, entering the vending machine sector might be a great move.
Kitchen franchises are highly profitable businesses operating within a competitive sector. In this lucrative industry, running a kitchen franchise is a fantastic way to maximise the benefits and minimise the hurdles. Here are 4 tips for running a successful franchise.
The construction sector is by far and away one of the UK’s most profitable sectors. In a very competitive industry, there are plenty of profits to be made for the right franchisee. So if you want to know how to run a successful construction franchise and stand out from your competition, read on.
Running a franchise is an exciting way to become a business owner at a lower level of risk, and if you have a creative streak, a painting business might be perfect for you.
Starting a florist franchise could see you embarking on a new professional journey. A journey that allows you to wake up every single morning and smell the roses. If you’re ready for a career change and wondering how to start running a successful flower shop franchise, here are five top tips.
Tea and coffee are British staples, and they never seem to go out of style. If you’d like to enjoy constant demand and a lucrative, dynamic career, you should consider investing in a coffee shop franchise.
Running a healthcare franchise can sound like a daunting and challenging task. But with the right advice, you can make a success of it. So, here are our top tips for running a healthcare franchise. Healthcare is something we all depend upon, making it one of the most important sectors in the UK.
Marketing is the key to making your franchise business visible. But in an industry as difficult to crack as the food takeaway industry, marketing isn’t just about making your business visible - it’s about making it better than your competitors.
Starting a retail franchise is an exciting and potentially extremely profitable way to become your own boss and enter a thriving industry. If you’re looking to make your retail business as successful as possible, Point Franchise is here to help.
If you’re interested in running a business and you love cars, why not consider starting an auto repair franchise? You’ll have all the freedom of business ownership, with all of the support of your franchisor.
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