Should I buy a franchise or go solo?
Starting a new business is an exciting venture. But – especially in well-established industry sectors – a key question is whether it would be better to buy a franchise or go solo.
Investing in a franchise
This section provides helpful guides and advice on how to invest in UK franchise opportunities. We discuss the benefits of setting up and growing a franchise over starting a business from scratch. Franchising is a well-established practice which is used by some of the most successful and well-known brands in the UK covering just about every business sector.
Becoming a franchisee is a self-employment business opportunity. It gives you the chance to start your own company, but trading under an established brand and with support available on everything from financial planning to marketing .
For the franchisor, it can sometimes be a way to expand their business more quickly and cost-effectively compared to opening further company outlets, whilst maintaining legal safeguards are in place to maintain brand control, consistency and protection.
Starting a new business is an exciting venture. But – especially in well-established industry sectors – a key question is whether it would be better to buy a franchise or go solo.
Investing in a franchise
Investing in a franchise
If you have decided to go down the franchise route, you need to be sure that the contract you are signing suits your plans and doesn't tie you in to anything unexpected.
Investing in a franchise
Rik Hellewell, franchising expert and founder of Ovenu, on the advantages of setting up a franchise in your fifties or even later
Investing in a franchise
Franchising expert Rik Hellewell discusses the advantages of setting up a franchise compared to growing a business organically – and shares his tips on why franchising can be the ideal way to expand in business
Investing in a franchise
Tim Harris, managing director at ChipsAway and Ovenclean, part of Franchise Brands, explains what you should expect from a franchisor during your business journey.
Investing in a franchise
In association with BusinessesForSale.com, we take a look at the considerations you need to make when selling your franchise business.
Investing in a franchise
In association with BusinessesForSale.com, here are the key considerations you need to make when buying a franchise.
Investing in a franchise
A business plan is essential when you're starting a franchise. Here, we take a look at the essential information you need to include.
Investing in a franchise
In association with BusinessesForSale.com, here are the key considerations you need to make when buying a franchise.
Investing in a franchise
A business plan is essential when you're starting a franchise. Here, we take a look at the essential information you need to include.
Investing in a franchise
In this article, Pip Wilkins of the British Franchise Association reveals how franchises work and how would-be business owners can be a franchisee themselves.
Investing in a franchise
From choosing franchisees to providing specialist training, aspiring franchisors must ensure they follow all the right steps to make their operation a success. Here are some best practice tips to franchising a business.
Investing in a franchise
In August 2018 Alan Jarvis and his partner Charlotte became the first franchisees for My Window Cleaner, launching their business in Canterbury to provide a range of services to the local community.
Investing in a franchise
The cost of a franchise will include the initial fee and, most likely, some kind of continuing fee. Here, we explain the franchise fees to expect as a new franchisee.
Business Technology
To run an optimal business, you must have optimal tech. We explain why you must upgrade your business technology on a regular basis
Investing in a franchise
Starting a new business is an exciting venture. But – especially in well-established industry sectors – a key question is whether it would be better to buy a franchise or go solo.
Partner content
Read here for 16 tried and tested tips and tricks to improve potential cash flow problems