5 Ways Franchisor Can Assist a Struggling Franchisee With the unpredictability of the current economy, franchisors may find that their franchisees, in some cases, are struggling to make profits. With the influx of new franchises in a variety of sectors such as food franchises, recruitment franchises, home based franchises, and education franchises, it can be tricky …
A Brief History of Franchising With so many opportunities of franchises being offered today, it can be interesting for aspiring entrepreneurs, franchisors, and franchisees to understand where it all began. The first thing we need to make sure is that What is a franchise and how it works. Here is a brief history of franchising …
How to Be a Successful Franchisor? Operating as a franchise can essentially change the mechanics of your business. Aspiring franchisors need to make decisions with their franchise network in mind. Moreover, distribution decisions have to be in line with the franchising framework, and the franchisor needs to also have enough resources in order to support …
The Pet Industry Thrives The pet industry is a vibrant growth market and provides an excellent business opportunity. It’s no surprise it attracts significant interest when there is a growing tendency for individuals wanting to work with pets. The thought of running your own business may stem from the need for a complete change of …
OSCAR In The Community Approaching a new year, OSCAR Pet Foods is ready to launch into 2019 with an exciting special offer for new franchisees. We are always at the helm of supporting our network but to assist with business development anyone wishing to join us throughout the coming year is going to gain £2,000 …
Home Based Franchises are Best for Stay at Home Parents Home-based franchises are ideal for those who need a flexible work schedule and prefer mostly working from home due to various circumstances. One such category of people who would prefer such work would have to be the stay at home parents, who want to invest …
How do Franchisors Make Money? After franchisees get the answer to ‘what’s in it for me?’ they also get curious about what’s in it for the franchisors themselves. If the franchisee is investing into a franchise and reaping its benefits, then what does a franchisor get out of it and how? Here is how franchisors …
Advantages and Drawbacks of Multi-Unit Franchising Multi-unit franchising refers to a franchisee owning multiple outlets in different places. This trend has been increasing and challenging the previously established single-unit franchisee model to a certain extent. Multi-unit franchising can take place in a number of categories, from van-based franchises, coffee franchises and the famous food franchises …
Measuring franchisee satisfaction with surveys and workshops A franchise network’s success is predominantly dependent upon the franchisor and the franchisee. Franchisors, especially those running new franchises UK, need to effectively sell their brand not just to customers, but to franchisees as well. In order to keep franchisees motivated and the franchise running smoothly, it is …
Kinds of Franchises that are Appealing to Millennials All kinds of franchises UK have emerged in the market, from van based franchises to home based franchises and even part time franchises. There are many techniques franchisors and business owners can adopt in order to position themselves in a certain way. However, to appeal to the …
Difference Between Licensing Agreement Vs Franchising Agreement Many people get confused regarding the differences between licensing and franchising. The confusion can also stem from the fact that the principles of licensing and franchising often overlap. However, there are certain dissimilarities between licensing and franchising that can make one option more suited to an individual than …
What Franchise Model Is Right For You? When the whole franchising business started decades ago, the most common type of franchises were fast food restaurants and stores. However, due to the innovation of technology, many businesses, and franchise models have emerged in the market for interested franchisees to look into. With the plethora of choices …