The franchise business will contact you by means of email and/ or telephone only to the email address and phone number you have provided.
By submitting the enquiry form you are consenting to send your personal information to the selected franchise business.
You also agree to receive further newsletter email marketing from What Franchise.
Close
Can I pay the franchise fee in instalments?
You can pay the franchise fee in whatever way is set out in the franchise agreement, and the franchise agreement could (although it would be unusual) envisage there will be instalment payments. The reason that this is unusual is two fold. The first is that almost always after execution of the franchise agreement the franchisor provides initial training and a copy of the franchisor’s manual. Both are the ‘crown jewels’ in terms of the franchisor’s know how and expertise. In such circumstances franchisors are understandably nervous about providing this information to a prospective franchisee who has not paid in full. The second reason why instalment payments are unusual is that franchisors normally establish good relationships with the franchise units of the banks, which are willing to provide finance to prospective franchisees of brands with which they are comfortable. In such circumstances a franchisee should find it straightforward to borrow sufficient funds to pay the full amount of the initial fee. If that is not the case, then the franchisor may have question marks over the franchisee’s creditworthiness or ability to fund the business. Having said all of that, a small number of franchisors do support those incoming franchisees who they believe will be successful, even if they do not have sufficient funds. The support takes the form of either a loan or the payment of the initial fee in instalments or a reduced management fee in the early days of the franchise.
You might also be interested in

Answered by Shelley Nadler
Shelley Nadler writes: A concern that businesses may have when deciding to franchise their business, is the... read more

Answered by Alan Wilkinson
Alan Wilkinson writes: There are two elements to consider here. First is the franchise fee itself, and... read more

Answered by John Pratt
John Pratt writes: It is simply not possible to refer to taking a franchise as an “investment”,... read more

Answered by Louise Harris
Louise Harris writes: It’s quite a lot like choosing a life partner. You need to be interested... read more
Exciting Franchise Opportunities

Start your own Dyno-Rod franchise
Yes
Find Out MoreN/A

Request Free Information
Send a free enquiry to Dyno-Rod for further information!

Start your own BforB - UK franchise
Yes
Find Out MoreCirca £200,000 AFTER fees

Request Free Information
Send a free enquiry to BforB - UK for further information!

Start your own Taka Taka franchise
Yes
Find Out MoreFrom £18-20,000 per week. First year...

Request Free Information
Send a free enquiry to Taka Taka for further information!

Start your own Schmidt Kitchens franchise
Yes
Find Out MoreN/A

Request Free Information
Send a free enquiry to Schmidt Kitchens for further information!

Start your own Black Rooster Peri Peri franchise
Yes
Find Out MoreROI within 18 months with an average net...

Request Free Information
Send a free enquiry to Black Rooster Peri Peri for further information!
Companies to Consider

Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
-
Brexit property investment myths BUSTED!
Added 3 years ago | 2 min read
-
6 legal tips for franchisees
Added 2 days ago | 2 min read
-
Why exceptional training is a vital element of franchise success
Added about 4 days ago | 2 min read
Franchises by Minimum Investment
Find your next business opportunity
Search 100s of UK franchises and become your own boss today.
-
Under 10k
Starting a franchise doesn't have to be costly
Click here -
Under 20k
A mid-range investment for the more experienced
Click here -
Over 50k
If budget is not an issue, then don't miss these.
Click here -
Local Franchises
Find the perfect franchise in a location to suit you
Click here
What Franchise Newsletter
Keep up to date with all the industry news