If you have the investment, but you do not have a profitable and workable business idea, then buying a franchise might be the best option for you. Currently, the UK has more than 900 franchises operations with an annual £13.4 billion industry turnover. Running a franchise as compared to starting a new business from scratch is …
Considerations before you buy a franchise in the UK Buying a franchise certainly makes a lot of sense. When you invest in a franchise you receive the benefit of support, brand recognition, and sometimes built-in customers will help you skip over a lot of the pitfalls that take down entrepreneurs starting from scratch. But there …
When considering your choice of Franchise to invest in it’s also important to look beyond the initial agreement period. It can be easy to focus just on the shorter term of launching the business and the franchise growth and profits that can be achieved over the first few years. Most Franchise agreements are for a …