Poundland founder backs investment initiative to grow UK franchising

Poundland founder & entrepreneur Steven Smith is supporting a major investment initiative to support the growth of franchising in the UK. Franchise Angels is the brainchild of Joel Bissitt, a leading franchising entrepreneur & founder of Infinity Business Growth Network, Franchise UK & the Quality Franchise Association. Ian Townsend, an entrepreneur, COO of the Quality Franchise Association & franchising legal expert …

Is a Franchise the Same as a Subsidiary?

If you are wondering if a franchise is the same as a subsidiary, the short answer to this question is no. This is because a franchise is an arrangement where an independent entrepreneur operates a business using the name and system of an established company. The franchisee benefits from brand recognition and operational support, yet …

Minster Cleaning – A Family Team Wins “Franchisee of the Year”!

Minster Cleaning – A Family Team Wins “Franchisee of the Year”!   When you think of commercial cleaning, you don’t immediately think of a family business.  But the trend that Minster Cleaning is seeing in their franchises dispels that myth.   Minster Cleaning was started in 1982 by current Chairman, Alan Haigh, and his wife Glynis.  …

Are Franchise Fees Refundable?

Are Franchise Fees Refundable

An Introduction To Franchise Fees Franchise fees represent an initial franchise fee required to join a franchised business. This payment grants the franchisee the right to operate under the franchisor’s brand and utilise their established systems and processes. Typically, these fees help fund essential services provided by the franchisor, including training, marketing support, and operational …

How To Invest In a UK Franchise From Overseas

How To Invest In a UK Franchise From Overseas

The UK franchise industry presents a wealth of opportunities for international investors. It boasts a robust and diverse market, with well-established franchises across various sectors such as retail, food services, fitness, and education. This diversity allows investors to find a niche that aligns with their interests and expertise. A major advantage of franchising in the …

What Is Social Franchising? Definition and Meaning

What Is Social Franchising

Social franchising merges the methodologies of traditional franchising with a commitment to social objectives. Unlike conventional franchises, which are profit-oriented, social franchises aim to tackle societal issues such as poverty, healthcare, and education, while ensuring financial stability. The initial step involves a successful social enterprise that has proven its capability on a local scale. This …

Are Franchises A Good Investment?

Are Franchises A Good Investment

Are Franchises A Good Investment? **Are Franchises a Good Investment?** Investing in a franchise can be a promising business opportunity, offering the appeal of operating under an established brand, a proven business model, and a support network that can enhance the likelihood of success. However, like any investment, franchises come with both potential benefits and …

How are Franchises Structured?

How are franchises structured

An Introduction to Franchising Franchising is a business model that empowers individuals to run their own enterprises while utilising the brand, systems, and support of an established company. This arrangement establishes a mutually advantageous relationship between the franchisor—the original business owner—and the franchisee, who invests in the right to use the business’s trademark and resources. …

Top 10 Franchises UK Reviews

Top 10 Franchises UK

Top 10 Franchises in the UK – Who Are They & Why Are They Successful? The UK franchise industry is one of the most dynamic and diverse in Europe, with a rich selection of franchises across various sectors, including food and beverage, health and fitness, professional services, education, and retail. Franchise ownership allows entrepreneurs to …

How To Sell Your Existing Franchise With Franchise Resale Brokers

How To Sell Your Existing Franchise With Franchise Resale Brokers

An Introduction To Franchise Resales Selling a franchise requires a strategic approach and a thorough understanding of the franchising landscape. When contemplating the resale of your franchise, it’s essential to recognise that this process differs significantly from selling a traditional business. You must comply with the franchisor’s terms and conditions, which may include specific requirements …

Top 100 UK Franchises Reviews

Top 100 UK Franchises

Top 100 UK Franchises – Who are they & why are they so popular? The UK franchise market is vibrant and diverse, with top franchises spanning food and beverage, health and fitness, retail, professional services, and more. The top 100 UK franchises highlight the best opportunities for aspiring business owners, offering established brand names, operational …

Most Profitable Franchises Reviewed

Most Profitable Franchises

What are the most profitable franchises in the UK? The UK has a thriving franchise market, with thousands of business opportunities available across a variety of sectors, but what are the most profitable franchises? Investing in a franchise can be a profitable route to business ownership, offering entrepreneurs the chance to own a business with …