The franchise business will contact you by means of email and/ or telephone only to the email address and phone number you have provided.
By submitting the enquiry form you are consenting to send your personal information to the selected franchise business.
You also agree to receive further newsletter email marketing from What Franchise.
Close
Is there any benefit in being the first franchisee in a franchisor network?
There may be, but one man’s benefit is another man’s disadvantage, and it will depend very much on your attitude to risk. Good franchisees are by definition typically risk-averse and compliant by nature. Franchisors find it much easier to recruit the right people once they have a successful network up and running. That of course presents opportunities for individuals willing to be the early franchisees, because at that stage the franchisor needs you more than you need him. With the right advice you may be able to negotiate a really attractive deal, and you will also be in a position to influence how the franchise develops. What you need to be sure of as the first franchisee is that the business model actually works and that the franchising project is adequately funded, so carefully check out the franchisor’s owned units and his business plan. If he doesn’t have them, and is therefore trying to franchise an idea, then steer well clear. Even if he has company-owned units, what he has yet to prove is that he can adapt to doing business as a franchisor, and that is where you have to be prepared to be the guinea pig.
You might also be interested in
Answered by Vincent Anthony
Vincent Anthony writes: The property market has wide appeal because it is relevant to everyone: we all... read more
Answered by Louise Harris
Louise Harris writes: Richness or wealth is relative. We always want more, I guess. So, what is... read more
Answered by Shelley Nadler
Shelley Nadler writes: A concern that businesses may have when deciding to franchise their business, is the... read more
Answered by Alan Wilkinson
Alan Wilkinson writes: There are two elements to consider here. First is the franchise fee itself, and... read more
Exciting Franchise Opportunities
Start your own Woods Russell franchise
Yes
Find Out More£100,000
Request Free Information
Send a free enquiry to Woods Russell for further information!
Start your own Blossom Home Care franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Blossom Home Care for further information!
Start your own Driver Hire franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Driver Hire for further information!
Start your own Just Clear franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Just Clear for further information!
Start your own URBAN Fresh Burgers & Fries franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to URBAN Fresh Burgers & Fries for further information!
Companies to Consider
Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
-
50 franchises with funding plans in 2024
Added one month ago | 2 min read
-
How Fun Fest’s franchisees are achieving £500,000 turnovers
Added one week ago | 2 min read
-
How URBAN went from hometown hero to national name
Added one week ago | 2 min read
Franchises by Minimum Investment
Find your next business opportunity
Search 100s of UK franchises and become your own boss today.
-
Under 10k
Starting a franchise doesn't have to be costly
Click here -
Under 20k
A mid-range investment for the more experienced
Click here -
Under 50k
If you have experience and more to invest
Click here -
Over 50k
If budget is not an issue, then don't miss these
Click here -
Local Franchises
Find the perfect franchise in a location to suit you
Click here
What Franchise Newsletter
Keep up to date with all the industry news