Franchise Business Consultant

Specialist franchise and business consultanct

Specialists in franchise and business consultancy, combine hands-on experience with established business practices, to provide practical, realistic business advice and support in the fields of Franchising and Business Development.

Franchise Consultancy - Becoming a Franchisee
- Franchise Introduction

What is Franchising?

"Business format franchising" gives the franchisee a licence to replicate an existing business using the franchisors trade name, product and service. The franchisee obtains the right to own and operate the business whilst allowing the franchisor to retain strict control over the marketing, products, services and operating systems. In return, the franchisee can tap into a proven business concept and the ongoing expertise and guidance to help run it profitably.

The franchisee pays an initial franchise licence fee (typically a 5 year term) with a right to renew coupled with ongoing fees usually as a percentage of turnover. Training will usually be provided so previous experience in a chosen business is not normally required.

Why Franchise?

Franchising provides individuals with the opportunity to own and run their own business with the support, back-up and business knowledge of the franchisors. With 91% franchisees reporting to be profitable (2012 NatWest/bfa Annual franchise Survey), franchising has a far higher success rate than starting up a business from scratch. In a recent Franchise Preference Survey undertaken by the British Franchise Association, showed that only 23% of those questioned said they would prefer to deal with a non-franchised business compared to a franchised business and 42% saying that they would actually prefer to deal with a franchised business compared to a non-franchised business. This shows that not only is franchising a less risky route to running a business but also provides a competitive advantage for a business over its competitors.

Choosing the right Franchise?

As a specialist franchise consultancy accredited by the British Franchise Association, we have the skills and experience to help individuals assess their suitability as potential franchisees and identify the best franchise for them.

“Franchising is a far less risky option for owning a business that from setting up on ones own; however no business is ever guaranteed. Without professional advice with choosing the right franchise, franchising can become a very costly mistake”.

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