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
What’s the difference between a business format franchise and a business opportunity?
Neither terms have a clear definition, but the essential elements of business format franchising are as follows: > The franchisor allows the franchisee to use the name that is associated with the franchisor. > The franchisor exercises continuing control over the franchisee. > The franchisor provides assistance to the franchisee. > The franchisee has periodically to make payments to the franchisor. Very often, a business opportunity has all or a majority of these elements, but the big difference between a business format franchise and a business opportunity is that the former has been pilot tested, so that the franchisor is in a position to prove the system has been tested in the field. Business opportunities, on the other hand, are precisely that. In other words, they are an opportunity, but not a system that has been proven. Any business can come up with an idea and seek to allow others to use that idea. That is a business opportunity. Some business opportunities turn out to be successful, but the percentage of business format franchises that are successful is hugely higher, simply because they have been proven to work.
You might also be interested in
Answered by Vincent Anthony
Vincent Anthony writes: The property market has wide appeal because it is relevant to everyone: we all... read more
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
Exciting Franchise Opportunities
Start your own Just Shutters Business franchise
Yes
Find Out More£50,000 - £100,000 profit
Request Free Information
Send a free enquiry to Just Shutters Business for further information!
Start your own Aspray Limited franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Aspray Limited for further information!
Start your own Burger Drop franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Burger Drop for further information!
Start your own Amigos Burgers and Shakes franchise
Yes
Find Out More£480,000 - £1m (from 14% profit)
Request Free Information
Send a free enquiry to Amigos Burgers and Shakes for further information!
Start your own The Fruit and Veg Man franchise
Yes
Find Out More£150,000
Request Free Information
Send a free enquiry to The Fruit and Veg Man 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
-
Sales Geek: Behind the B2B franchise trying to start a sales revolution
Added one day ago | 2 min read
-
Reece Donnelly: The Apprentice star reveals big plans to recruit UK franchisees
Added 3 days ago | 2 min read
-
Burger Boi: The US-inspired burger chain taking on the UK fast food market
Added one week 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