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.
What are some of the characteristics of a good franchise?
There are no rules on what is and is not a good franchise business and the characteristics of a good franchise may vary from sector to sector. However, if a potential franchisee is considering a franchise business there are a number of basic characteristics they should look for to assist them in deciding whether the franchise business will be good for them. Some of these characteristics may include:
How long has the franchise business been operating? If it is relatively new, a potential franchisee should assess whether a pilot scheme has been successfully operated.
Does the franchise have a strong brand name and track record? Is the trademark protected?
How long is the term of the franchise agreement? Can it be renewed? Does the term give the potential franchisee enough time to recoup any capital outlay and turn a profit?
Is there any specific training programme?
Have existing franchisees received adequate support? It’s a good sign if existing franchisees are happy with the level of support they receive.
Are there provisions for the continuation and protection of the business in the event of the franchisee’s sudden illness or death?
You might also be interested in
Answered by Alan Wilkinson
Alan Wilkinson writes: The short answer is no. The interesting bit is why a franchisee should actually... read more
Answered by Louise Harris
Louise Harris writes: This question is one that many have explored and much has been written on... read more
Answered by John Pratt
John Pratt writes: Virtually all franchise agreements are granted for a specific term and either contain an... read more
Answered by Shelley Nadler
Shelley Nadler writes: The answer to this will really depend on the reason your franchise is not... read more
Exciting Franchise Opportunities
Companies to Consider
Fun Fest for Children
Fixed sites can earn up to £16,000 per month with profit margins of 65%
Jackson Fire & Security
Bridgewater Home Care
Laser Clinics United Kingdom
Operational break even from 6 to 7 months and pay back between to 3 and 3.5 years
Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
Added 3 years ago | 2 min read
Added 13 hours ago | 2 min read
Added 2 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