What are franchise royalty fees? Franchise royalty fees are one of the biggest costs you’ll have to consider when purchasing a franchise, and you should pay close attention to them before you sign your franchise agreement. But what exactly are franchise royalty fees? And how much should they be? Here are some answers to common …
Questions you should ask a franchisor before investing in their franchise If you are considering investing into a franchise, there are some questions you should ask before you take the plunge. Working with a franchise can be an incredibly profitable decision if you choose the right one and work hard at it, but you’ll want …
The five keys to becoming a successful franchisee When you buy a franchise, it’s understandable why a franchisee wants to start making a profit as soon as possible and become a successful franchisee. For some, it’s a matter of they need to see a return on their investment fast, and for some, it’s simply the …
Who pays redundancy when a business closes? Redundancy is never easy but it’s important that you know your rights in terms of redundancy pay when you are made redundant today in this article we will cover everything you need to know about what happens and who pays your redundancy when a business closes. How do …
A franchisee is an independent small business owner that operates a franchise business that trades under the franchisors established brand name in order to provide goods or services to their clients as the franchisee has purchased the rights to use the businesses brand name, trademarks & other knowledge in their market to sell their goods …
Costs involved in buying a franchise When you buy a franchise, there are a few costs involved that you need to consider before investing. This article will list all the costs involved when you buy a franchise. This should help you decide whether buying a franchise would be right for you. Even though you would …
With the many successful fast food franchises out there, such as McDonald’s, KFC, Burger King, etc it is understandable why the trend of buying fast food franchises is ever expanding in the UK, and for a good reason too. In this article, we will share how fast food franchises work and why fast food franchises …
The Dice Box Has Announced The Launch Of Their New Peterborough Franchise Board game cafe The Dice Box are on a roll with 4 new franchisee signups. The Dice Box franchise has got off to a great start with the signing of 4 new franchisees in just over a year. Despite the pandemic & cost …
Franchise due diligence – What you need to know Before you buy a franchise, you must carry out due diligence checks first. Without those checks, your franchise dream could rapidly turn into a franchise nightmare. Competitors Your first job when choosing a franchise should be to find out how many similar businesses exist within the …
Business owners looking to expand their small businesses often turn to franchising as a potential opportunity for growth. However, many ask if franchising is organic growth, so today, we will answer this question fully and explain the different approaches you can take to growing your business, including how franchising works and how you can make …
Acquiring a franchise is a bit less risky than investing in a new business. In the start, you might feel that you are going to manage someone else’s business, but this isn’t the case. You will be looking after an established business in order to promote it and expand it. You will be playing an …
What are the most successful franchise brands of all time? One of the most successful business models of all time, the franchise has had a huge impact on industries and economies around the world. Countless entrepreneurs have used the franchise as their way into business and their path to success, and millions of people use …