Is franchising the right option for you? It is not easy in today’s competitive business world to come up with great ideas. Even if you do have a brainwave, it can take a lot of time and effort to get it going. It is why so many wannabe entrepreneurs cave in without ever really getting …
Franchising is a popular approach for running a business and is commonly associated with many well-known restaurant chains, beauty brands, and other established businesses at local, national, and international levels. But, how does a franchise work? The franchise model A franchise is a business that has many separate chains or branches operating in the same …
How to start a COVID proof business Franchise UK lists a number of COVID-proof franchises for sale, but if you’re looking to take on the challenge of starting a business yourself, continue reading below. Since March last year, many businesses worldwide have faced increasing economic challenges brought about by the recent COVID-19 pandemic. Early estimates …
There are 500,000-700,000 businesses started in the United Kingdom every year. More and more, people are starting their dream companies from the comfort of their homes, contributing to the growing trend of remote work. There are many advantages to starting a company from home. First, you don’t have to pay for the rent, mortgage, or upkeep of …
How to set up your own cleaning business Do you know what startups list as their biggest challenge? Not surprisingly, generating new business is listed as one of the most difficult obstacles for startup companies. This should be noted if you’re on the path to opening up your own business. Right about now, you’re wondering how to …
What are franchise royalty fees? Franchise royalty fees are one of the biggest costs you’ll have to consider when purchasing a franchise, and you should pay close attention to them before you sign your franchise agreement. But what exactly are franchise royalty fees? And how much should they be? Here are some answers to common …
Questions you should ask a franchisor before investing in their franchise If you are considering investing into a franchise, there are some questions you should ask before you take the plunge. Working with a franchise can be an incredibly profitable decision if you choose the right one and work hard at it, but you’ll want …
The five keys to becoming a successful franchisee When you buy a franchise, it’s understandable why a franchisee wants to start making a profit as soon as possible and become a successful franchisee. For some, it’s a matter of they need to see a return on their investment fast, and for some, it’s simply the …
Who pays redundancy when a business closes? Redundancy is never easy but it’s important that you know your rights in terms of redundancy pay when you are made redundant today in this article we will cover everything you need to know about what happens and who pays your redundancy when a business closes. How do …
A franchisee is an independent small business owner that operates a franchise business that trades under the franchisors established brand name in order to provide goods or services to their clients as the franchisee has purchased the rights to use the businesses brand name, trademarks & other knowledge in their market to sell their goods …
Costs involved in buying a franchise When you buy a franchise, there are a few costs involved that you need to consider before investing. This article will list all the costs involved when you buy a franchise. This should help you decide whether buying a franchise would be right for you. Even though you would …
With the many successful fast food franchises out there, such as McDonald’s, KFC, Burger King, etc it is understandable why the trend of buying fast food franchises is ever expanding in the UK, and for a good reason too. In this article, we will share how fast food franchises work and why fast food franchises …