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Running a franchise Articles

  • How to prevent late payments

    Updated 19 Nov 2018

    For many franchisees in daily contact with their customers, the mere thought of having to chase people for late payments far outweighs the long wait for funds. In fact, for many it’s...

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  • What every good franchise package should contain

    Updated 19 Nov 2018

    When you invest in a franchise, you have every expectation and right to know what your money is paying for. A big part of the answer lies in the initial ‘franchise...

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  • The 5 key areas first-time franchisees need to consider

    Updated 19 Nov 2018

    So you’ve made the decision. Investing in a franchise is something that appeals. Who can blame you? Becoming a franchisee offers the best of both worlds, as you benefit from the expertise...

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  • How franchising offers a tried & tested way to expand

    Updated 19 Nov 2018

    There are many ways in which a successful business may expand. Most will require significant resources. Franchising allows faster growth because the investment will come from prospective franchisees. In addition, a...

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  • The benefits of running a franchise business with your family

    Updated 19 Nov 2018

    When you start a business, you want to work with people you can trust with your investment and who understand what it’s taken for you to reach this point. You’ve worked for...

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  • Buying your first franchise?

    Updated 19 Nov 2018

    Franchising is a fantastic option for those who are new to business. No business is ever risk free, but by buying a franchise you will have the comfort of knowing that...

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  • Business builders

    Updated 14 Nov 2018

    Last month, we highlighted five of the winning brands in the NatWest EWIF Awards, which celebrate women in franchising. These are businesses that are giving women opportunities to reach their entrepreneurial...

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  • Train to gain

    Updated 14 Nov 2018

    Franchisors make their money from the royalties paid by successful franchisees, so underinvesting in training is going to hurt the franchisor the most in the long term. There’s no generic list of...

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