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.
How does a business determine whether its product/service is suitable to be franchised?
Franchising generally suits a business format that can be easily replicated. To determine whether a business is suitable for franchising, a business owner should consider running a pilot operation. Although the business owner will usually own the pilot operation, it should be operated as though it was being run by a third party. This is so that the pilot business replicates, as far as possible, the conditions that will apply to actual franchisees.Running a pilot operation will help the franchisor to develop the operations manual that franchisees will use to run the business, as well as establishing the general support structure it should offer to franchisees, including training and marketing requirements. A pilot operation will also highlight any operational issues that can be ironed out before the franchise is launched to third parties, as well as providing financial data that may be used to provide an indication of the franchised business’ potential financial performance.To get a good idea of how the franchise business operates and performs, any pilot operation should ideally run for at least 12 months. Indeed, the British Franchise Association suggests that for a business model to be proven it should have been proven to work for at least 12 months in the format in which it is to be franchised.
You might also be interested in
Will a franchisor tailor its initial training to me or will it only provide set instruction that covers all aspects of the business?
Answered by Alan Wilkinson
Alan Wilkinson writes: When a franchisor recruits franchisees, it will have a set profile of the type... read more
Answered by John Pratt
John Pratt writes: There may be none if you’re not suited to dealing with businesses. Many people like... read more
Answered by Louise Harris
Louise Harris writes: Not all franchises are based on territories. Some may be split into business sectors,... read more
Answered by Renata Selley
Renata Selley writes: Your ‘year-end’ is the date when your franchise accounting period ends. Communication is king... read more
Exciting Franchise Opportunities
Companies to Consider
Sourced HMO Partner
£14,000 per week
Multi-unit opportunities available
Business Sales Plus
Footlights Theatre School &...
Profit of £50,000 and increasing thereafter
Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
Added one year ago | 2 min read
Added 2 days ago | 2 min read
Added 3 days ago | 2 min read
Find your next business opportunity
Search 100s of UK franchises and become your own boss today.
What Franchise Newsletter
Keep up to date with all the industry news