Franchising: The Basics

Buying a franchise is a big decision for anyone to make and there are a variety of motivators behind this momentous step. The latest British Franchise Association NatWest industry survey revealed...

Remember the TV adverts that featured Victor Kiam, the man who liked the product so much that he bought the Remington razor company? Now, some 40 years later, Chris Wootton has...

An often used characterisation of the franchise model is that buying a franchise is akin to buying a ‘business in a box’. In some ways, this oversimplification seems fair. The brand is...

It’s a fact: franchises are far more resilient than non-franchise start-ups. While 58 per cent of non-franchise businesses fail in their first five years, 82 per cent of franchises thrive way...

According to the Chinese zodiac, 2020 is the year of the rat. However, for franchisees 2020 is set to be the year of bookkeeping. With HMRC’s Making Tax Digital initiative coming...

Julie Dunne has come a long way since losing her job not once but twice during the last recession. Not only has she grown her Bright & Beautiful franchise significantly since...

The NatWest/British Franchise Association survey revealed that the hotel and catering franchise sector was one of the most popular types of franchises to run. As someone who has been working in...

When I ask prospective franchisees: “What’s your exit strategy?” most of them are surprised and a bit bewildered. Some say: “I haven’t even started yet”, “I haven’t thought about it”, or...