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 launch support should I expect from a franchisor?
This will vary depending on the franchisor, the franchise concept and the resources available.
The main support usually provided will be in the form of training and access to the franchise manual. Usually, a franchisor will provide initial training to the franchisee to ensure they have the right skills, knowledge and tools to operate and manage the franchised business. This training may be face-to-face on site or, in some cases, online.
The franchisor may also offer advice on finding appropriate premises, hiring staff and giving general guidance in setting up the franchise. There may also be, alongside the obligation to provide the equipment and fittings for the franchise premises, a marketing budget for the launch of your franchise to give it publicity and market presence.
A franchisor may also assist a franchisee with obtaining finance. This will typically involve building a relationship with a particular bank and providing detailed information about how the franchise operates and how it’s performing, in the hope the bank will recognise the value of the franchise and be more willing to lend to prospective franchisees.
Occasionally a franchisor might offer to lend money to a franchisee. However, this should be approached with caution, as it could lead to a franchisee becoming financially dependent on the franchisor, as well as blurring the franchisor/franchisee relationship.
Vicky Wilkes is a senior associate at law firm Squire Patton Boggs (UK) LLP, specialising in both domestic and international franchising.
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 Louise Harris
Louise Harris writes: It’s quite a lot like choosing a life partner. You need to be interested... 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
Exciting Franchise Opportunities
Companies to Consider
Bark Busters Dog Training
£70,000-plus per annum
Part funding available
£75,000 to £100,000
BabyBeats® and Mindful Movers®
£30,000 depending on times and days worked
Body Fit Training (BFT)
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 one day ago | 2 min read
Added about 4 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