Many individuals dream of owning their own business. However, the risk of starting and growing a new business from the ground up is daunting. Franchises offer the ideal middle ground between risk and support.
In our myth-busting series, we tackle all the myths you may have heard about starting a franchise. In this article, we focus on the common belief that an enormous investment is always needed to start a franchise.
While many investors are taken by , others are more excited by the smaller, emerging franchises that may become the next big thing. Emerging franchises have the potential to exceed all expectations, or fail spectacularly, in a way that larger franchises can’t.
If you’ve always dreamed of being your own boss but don’t know where to start, . Unlike starting a business from scratch, you won’t have to come up with a unique business concept, develop processes and systems, and build brand awareness. which has been tried and tested over time.
Putting your money into real estate can be a lucrative career option if you’ve got the capital and know-how to invest wisely.Property is classed as an “alternative asset”, as the processes involved are thought to be more complex than those in “standard assets”, i.e. stocks and bonds.
The Wooden Floor Store is a national franchise that started out as a stand-alone store in Belfast in 1998. Two years later, a second branch in Glasgow was launched. In 2018, England got its first store, situated on Fulham Road in Parsons Green, London.
There are lots of ways to save for retirement – but did you know that starting a franchise is a particularly lucrative one? Here we explore some of the ways those with a keen business acumen can make the most of the franchising model to enjoy a secure retirement.
Has earning a living from the comfort of your own home always been your dream? Are you bored of the mundane nine-till-five work schedule? Or maybe you’re inquisitive about the home-based franchise opportunities out there since the outbreak of COVID-19? Well, you’re not alone.
If the franchise world appeals to you, but you don’t feel ready to become a franchisee just yet, we can help. Below are some steps you can take to be franchisee-ready and take the plunge within one year.Ask almost anyone and they’d be keen to turn their hobby into a money-maker.
Investing in a franchise can be a life-changing event. To give you the best possible chance of success we’ve outlined what you should keep top of mind before you start your franchising journey.
Investing in a franchise could be your route to self-employment, even if you have no experience or little money to invest. In fact, a franchise investment could be one of the smartest decisions you ever make. Here are five reasons why we think investing in a franchise is worth it.
If you’re thinking about becoming your own boss, you will need to decide whether to invest in a franchise or start your own business. Read on to help you make the right choice…Fear, anticipation, excitement.
Many people dream of starting their own business but are held back by lack of funding or the fear that it could all go wrong. If this sounds like you, starting a low-cost franchise could be the perfect option. Read on to find out why small franchises are such a good investment.
The world of franchise finance can seem complicated, especially when you first start to consider investment opportunities. Most franchises tell you how much their franchisees spend on the initial fee, business set-up and ongoing costs - but you’ll need extra funds to keep you afloat.
From low-cost opportunities under £5,000 to high investment franchise packages priced at over £500,000, there’s something to suit all budgets in the franchising world. But before you commit, you should make sure you find the right franchise for your skills, lifestyle and goals.
Newcastle-upon-Tyne, often known simply as Newcastle, is the most popular city in North East England. It’s also a great place to franchise, with lower-than-average property prices and plenty of local colour on offer. Here’s a deep-dive into franchising in Newcastle-upon-Tyne.
Looking to grow your franchise? Investing outside of your business could ultimately help you make your franchise even bigger and better. Here are some of the most common ways to invest, depending on your attitude to risk, appetite for returns and business goals.
If you’re familiar with the franchising concept but aren’t sure if it’s the right business move for you, this article should help create a clearer picture. See below for a complete rundown of the pros and cons of investing in an established franchise.
Today, we explore the different franchise investments and how profitable you can expect to be. Before examining 10 ways you can make the most out of your investment, you should decide on the perfect franchise for you.
Point Franchise
