Finance Franchises

What Are Finance Franchises?

Finance, financial and accounting franchises are businesses which have been scaled through business format franchising. A franchisor has successfully set up their accounting related business, and deemed it successful enough to be able to replicate through franchising. Finance franchises are opportunities for you to be your own boss and run your own finance business, under the brand name, training and support of a proven and trusted franchisor.

Finance franchises are one of the more diverse franchising sectors, because there are lots of different types of opportunities within it. One such example would be insurance franchises.

The Demand for Accountancy Franchises

The financial services market is huge. Many business owners either struggle to find the time to carry out their finances, or simply do not want to. By outsourcing your accounting or tax, it frees up valuable time allowing business owners the time to focus on growing their business.

Business owners are more likely to choose a proven, trusted brand for dealing with their financial matters. This is why franchising is such a popular choice. By being a part of a proven and recognised brand name, businesses are more likely to attribute with success.

With the GOV UK website reporting over 5.6 million businesses in the UK at the start of 2021, and an attractive trend of increasing numbers, the demand for financial services is continuing to rise. Be a part of this in-demand sector with a financial franchise.

Advantages of Financial Franchises

Because the accounting and finance sector is so big, there are many different types of opportunities, to suit everyone's interests and budgets. From commercial finance franchises to mortage and lending, to accountants and insurance, many financial franchises can be run from home. There is simply no need for a high street finance shop anymore, with the rise in usage of video call services such as Zoom and Google Meets. Not only does this lower overheads (rent, staff etc), it eliminates the need for a premises and thus increasing productivity time through losing the commute. Home based franchises have many benefits, with franchising enabling a flexible lifestyle and better productivity.

Interested in running your own finance franchise? Take a look around Franchise Planet today. You could be well on your way to business ownership soon enough.