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 the benefits of buying a business-to-consumer franchise?
John Pratt writes:
As with all franchises, you have to ask yourself: Is this the sort of business that interests me?
Are you a people person, because in franchises where customers are consumers and not businesses there will be much more interaction?
With a business-to-consumer franchise, you’re going to have fewer large accounts, so that bad debts will be less of a problem. You’ll not have a big customer getting into financial difficulties and impacting your business by being unable to pay.
Generally, consumers will pay by credit or debit card and will pay before goods or services are supplied rather than have a credit account, which is generally required by businesses.
Here there is, of course, a downside and that is dealing with payment issues with consumers because of the number of accounts may be more time consuming, but increasingly specialist software deals with this aspect of running a franchise.
If you’re a people person and don’t want to expose your business to the negative impact of a large customer not paying, then a business-toconsumer franchise may be for you.
Having said that, during the period of COVID lockdowns business-to-business franchises have tended to fair better than business-to-consumer ones.
John Pratt is senior partner at specialist franchise firm Hamilton Pratt and has advised franchisors for over 25 years.
You might also be interested in
Answered by Louise Harris
Louise Harris writes: Richness or wealth is relative. We always want more, I guess. So, what is... read more
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
Exciting Franchise Opportunities
Companies to Consider
Bark Busters Dog Training
£70,000-plus per annum
Part funding available
Cash positive from month 1
Stagecoach Performing Arts
BabyBeats® and Mindful Movers®
£30,000 depending on times and days worked
Available upon request
From £18-20,000 per week. First year R.O.I 40%
Third party through banks
Eggless Cake Shop Franchise
£180,000, net profits of 22%-26% once established
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 14 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