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Run a Business in Exeter with Franchising
Franchising is a great way to get into business for yourself, but not by yourself. Backed by a proven brand, franchises enable entrepreneurs to launch a business under an established brand name, using a successful business model. Why reinvent the wheel creating your own brand and business when you can become part of a proven, supportive franchise network?
What is a Franchise?
Franchising is a method of business expansion. One where individuals and companies can purchase the rights to trade as an already-established brand name. One good example of a franchise network is Wiltshire Farm Foods. The franchisor (the owner of brand license) licenses out the rights to trade as that business to a third party (known as the franchisee), for them to run in their own area, in this case Exeter.
Franchising is one of several ways of going into business ownership. You can either start up a business alone, buy an existing business or invest in a franchise. Many risks come with starting up a business from scratch, you're somewhat jumping straight into the deep end if you don't already have business ownership experience. However with franchising, the franchisor will provide you with most of the necessary training and support prior to helping you launch the business.
How Much Do Franchises in Exeter Cost?
The cost will vary depending on the franchise. Some franchises in Exeter cost less than £25,000 whilst others may be six figures. Fast food businesses are generally high end franchises, whilst smaller businesses like home based, pet franchises, internet business etc, these are all considered low cost franchises. In fact there are numerous franchises that can be started for less than £10,000.
Discover franchising and a world of franchises at Franchise Planet.