Simple accounting tips for UK franchisees Unless you’re a qualified accountant or experienced bookkeeper the accounts function of your startup business is sure to be worrying. Indeed, accounts assistance and simplification is one of the main reasons many franchisees take on trending franchises. This is because all the heavy accounting tasks have already been completed …
Why you should have a separate business account when joining a franchise When starting a franchise business, you’re given far more resources than the typical entrepreneur. First, you’re using a proven business model built by your franchisor. This usually includes marketing materials, hiring processes and – of course – a product that customers love. But …
Quit the rat race by kicking off your own franchise business today! If you’re fed up with being one out of countless employees, the thought of being your own boss is sure to appeal. However, starting up a business from scratch can be a nerve-wracking venture, with no guarantee of success. That’s the reason opting …
Learn business admin from the experts when you buy into any franchise Starting a franchise can be ideal for anyone that’s keen to kick off a business, but unsure what to do or how to go about it. What’s more when it’s time to grow your career and move onwards and upwards, it’s always a …
Picking a UK franchise that is trending right now So, you’ve decided to buy a UK franchise. Good decision. It’s something that is attracting more and more people, and as an industry, it currently contributes more than £17 billion to the UK economy. The sooner you jump in, the better. But how do you decide …
Becoming sold on franchising A lot of people have the desire to be their own bosses and run their own online businesses. The problem for many wannabe entrepreneurs, however, is they lack any sort of business experience. Yes, you might have worked behind a counter or in an office. But that doesn’t give you the …
Work-life balance in franchising: three ways to maintain control One the things you really hated about your old job was working weekends – or was it when your boss phoned you at a wedding? Maybe the dread hit you when you started planning your Monday AM on Sunday lunchtime? Increasing amounts of UK workers are …
Tips when exhibiting at a franchise show Franchise exhibitions can be a good way to meet new prospective franchisees but it’s vital you maximise your potential returns. Whether you like or loath trade shows the general consensus seems to be that franchise shows have dwindled over the last 5 years or so. This is understandable …
Uniting Great Franchise Professionals with Franchisors Franchising is not just about getting the right franchisees, but also getting the right team to support that network. Lime Licensing Group have launched franchisestaff.co.uk to provide a specialist recruitment service to the franchising industry, matching franchising professionals with franchisors. Over 20 Years’ Experience With over 20 years’ experience …
IT – the secret to a winning franchise There are several factors which can determine the success of your franchise. Although considerations such as commitment, hard work, a sound business plan and a well thought out marketing strategy are frequently mentioned as key drivers of success, advanced tech is often overlooked. This oversight is unfortunate: …
The best part-time franchises for 2020 Investing in a franchise is a brilliant opportunity but not everyone can commit to it full-time. You might already have a job that you don’t want to give up or family commitments that take up a lot of your time. But this doesn’t mean that you have to miss …
Can you sell your franchise? Circumstances can change. Even if you’re running a lucrative franchise, there may be professional, or personal, reasons why you’re no longer able to operate it. But when you reach a new stage in your life, can you sell your franchise? The answer is yes, you can. However, you’ll need to …