Read the latest franchising news stories from businesses across the UK including articles about top franchise opportunities
Published on 24th May 2023
One of the biggest reservations anyone has when considering to launch a business is how fierce will the competition be? If you’ve been doing due diligence as part of researching…
Published on 2nd May 2023
Food is one of the biggest and most lucrative sectors within franchising. There are many different types of food products sold in a variety of manners, and franchisees across the…
Published on 25th April 2023
Home Services Franchises broadly cover a range of different businesses which deliver a service within the client’s home. There are a wide range of property services franchises, and with property…
Published on 5th April 2023
Table of Contents Van based franchises are a great choice for anyone looking to get a business of their own on the road. A highway to success, franchising has a…
Published on 30th March 2023
Looking to get into franchising and be your own boss? Good choice. Franchising is incredibly well supported, and if you’re exploring the prospect of attending a franchise show, you probably…
Published on 22nd March 2023
There are more than 1,000 active franchise networks operating in the UK, each with anywhere from ten to several hundred franchisees. One of the biggest sectors within franchising is children….
Published on 20th March 2023
If you’re looking to get into business ownership, running a business from home is a fantastic choice. A home based business isn’t just about convenience, being around familiar surroundings, but…
Published on 15th March 2023
Franchising is a great way to get in to business ownership for yourself, but not by yourself. By going down the franchising route, you’re minimising many of the risks you…
Published on 8th March 2023
If you’re looking to get into business ownership and are looking for a customer facing, owner-operated role, there are many opportunities within franchising in the beauty sector. Beauty covers a…
Published on 1st March 2023
With retail and merchandising worth billions to the UK economy, it makes sense that such a lucrative sector should have opportunities within franchising. Franchising is a great way to be…
Looking to get into business for yourself but not by yourself? Read the latest news from franchises in the UK. If you’re reading about it, franchisees are demonstrating resilience and are enjoying the luxuries of business ownership. Could you be the next franchisee with a leading brand?
There are over 1,000 franchises in the UK, and more than ten times as many franchisees. From dog walking to pet sitting, fast food to plumbing, there is something for everyone.
Read the latest news and discover a world of franchises at Franchise Planet.
Franchising is one of several methods of business expansion. A franchise collectively refers to a network of businesses operating under the business format franchise model, whilst a franchise can also refer to a specific business within it.
In franchising, all franchised units follow the same structure, offer the same services and aim for a common goal. How the business is structured, how each unit should operate, will be outlined in a franchising document called the franchise operations manual. The relationship between all parties and terms of access to the “ops” manual is outlined in a document called the franchise agreement.
When you invest in a franchise, you’re ultimately setting up your own business. In addition to the “business in a box” that you get when investing, you get the rights to trade as an already-established, recognised brand name.
Some good examples of well-known franchised brands include McDonald’s, Wiltshire Farm Foods, Tubz Vending and Dial a Dog Wash.
There are no specific costs for running a franchise. The investment will vary depending on the franchise package. From zero-cost franchises where most of the expenses are incurred later after establishment, through to higher end franchises that cost upwards of £250,000, the cost really depends on the business. But we shouldn’t say “cost”, but rather “investment”, because the business is yours, at the end of the agreement, you’re welcome to sell as a franchise resale and get back a reasonable amount, usually more than what you initially paid because your hard work and efforts add value. Not to mention the customer base and reputation you’ve built up.
The Franchise Planet franchise directory lists many different opportunities with a number of investments. Some opportunities even offer a range of different packages to suit your budget.
From business expansion stories to franchising award wins, there is a lot going on in UK franchising. The sector is thriving and with more and more people getting involved within franchising, the opportunities are constantly growing.
You can read the latest UK franchise news stories at Franchise Planet.
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