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
How can I decide what kind of franchise to open?
Louise Harris writes:
It’s quite a lot like choosing a life partner. You need to be interested in the opportunity, excited by it and what it has to offer you. The opportunity needs to satisfy the criteria that you set – in this case it might be initial investment, financial goals, and long-term personal goals regarding working in the business.
You also need to establish if there is a match. You and your partner need complementary skills – you bring the energy, passion (and finance) whilst they deliver the brand, know-how and support.
An honest audit of your skills, abilities, likes and dislikes, plus a clear picture of how much you are prepared to invest, in time and money, will set a benchmark for the search. Understand the end game, too – do you want to build something to sell, a legacy for your family, or do you simply want to replace an income and walk away when you’re ready to retire?
There are plenty of places to search – exhibitions, online, and some companies who will help you to find the right option for you. Do lots of research to understand the legal implications of being a franchisee – it’s a binding contract and you should know your responsibilities.
If you’ve matched all your criteria and all your senses are telling you it’s the right opportunity for you – the chances are it is. Getting a second opinion is worthwhile – maybe your real-life partner can help! They know you better than most – and have your best interests at heart.
Louise Harris has been in franchising since 2006 and has been both franchisee and franchisor. She runs Franchise Projects, completing critical tasks for franchised businesses.
You might also be interested in

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 Shelley Nadler
Shelley Nadler writes: Franchise law is a specialist area and it may not be something that your... read more

Answered by Alan Wilkinson
Alan Wilkinson writes: The short answer is no, you do not have to be rich to open... read more
Exciting Franchise Opportunities

Start your own ON Pizza franchise
Yes
Find Out More£12,000 weekly revenue, 25% net profit

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

Start your own The Design Print Distribution Group franchise
Yes
Find Out MoreTurnover circa £120,000. 30% profit...

Request Free Information
Send a free enquiry to The Design Print Distribution Group for further information!

Start your own THE BUTCHER franchise
Yes
Find Out MoreN/A

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

Start your own No Letting Go franchise
Yes
Find Out MoreN/A

Request Free Information
Send a free enquiry to No Letting Go for further information!

Start your own Driver Hire franchise
Yes
Find Out MoreN/A

Request Free Information
Send a free enquiry to Driver Hire 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
-
How to budget better
Added 18 hours ago | 2 min read
-
Building a successful franchise
Added 2 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