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.
In addition to an initial franchise fee and ongoing service fee, there may be other, less obvious costs associated with setting up a franchise, all of which must be taken into account when arranging funding for your business
Wouldn't it be great if there was a way you could start a business of your own with a much greater chance of survival than the average start-up? Well, there is and that method is called business format franchising and here's how it works...
Husband and wife Graham and Pam Bastow have been running the Blazes store in Wakefield for almost 3 years and cannot speak highly enough of the fireplace retail franchisor.
The British Franchise Association (BFA) is the only voluntary accreditation body for franchising in the UK, and plays a key role in maintaining ethical standards in the UK franchise industry.