Running a franchise
Running a franchise can be a daunting task, especially if it is your first time. What Franchise will provide you with all of the essential information required to start running a franchise. Find how to buy or sell a franchise, choose the best franchising model, meet running standards and even furnish your premises. Our advisers will explain the legalities of running a franchise and support you with helpful data and guides to your chosen market.
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Running a franchise FAQs
Get everything you need to know to start running a franchise. Discover the business model for you and find information covering everything from the legal requirements to how to furnish your franchise properties.
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Q. What should I consider when it comes to funding my franchise?
answered by James Thomas
Commercial manager at d&tTo gain funding for the purchase of a franchise, you will need a solid, workable and realistic business plan. This will identify how much capital you need to borrow and demonstrate...
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Q. Why should I write a business plan for my franchise?
answered by James Thomas
Commercial manager at d&tBanks will insist on a well researched business plan before agreeing to a loan/start-up capital for any new franchisee, regardless of the franchise brand. In most instances, the franchisor will also...
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Q. For how many terms will I be able to run a franchise?
answered by Shelley Nadler
Legal director at Bird & BirdShelley Nadler writes: Franchise agreements in the UK are often for a fixed term of five years, with rights to renew at the end of the term for either one or two...
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