Today is the day that our Franchise Development Manager Jessica attends the BFA (British Franchise Association) Annual Conference 2019. We are very excited to hear how she gets on, especially as we have been nominated and shortlisted to the final three to win ‘Emerging Franchisor of The Year’ Award!
You’ve decided that you want a different direction in your life and career. You have probably done your homework on what opportunities are out there, so it is likely that you may have come across buying into a franchise and becoming a franchisee. Now, you need to find a franchise and concept that suits your personal and professional requirements and gets you excited. Where do you look to find such opportunities?
Taking the correct steps before looking for a franchise is important because it will allow you to determine if franchising is right for you. Buying a franchise can be a great move for an entrepreneur who doesn’t want to create a new business from scratch. In theory, franchisees gain a model that already works on every level, from branding to pricing to marketing. This means if you do the correct research and work hard, the benefits can be very lucrative!
So, what is important to consider before looking for a franchise?
Many entrepreneurs know of the word franchise, but how many understand how a franchise works? Today we’re taking a deep dive into what makes a franchise and how it works. (more…)