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.
Will a franchisor help me develop my business plan?
answered by Vicky WilkesSenior Associate at Squire Patton Boggs (UK) LLP
There’s no hard and fast rule, so before starting to draft a business plan a franchisee should check with its franchisor what support it can offer.
Some franchisors may not directly assist their franchisees with developing their business plans, but may have a specific business plan format its franchisees can use. If a franchisor is not able to directly assist a franchisee to develop a business plan, it may have information a franchisee can use to develop a business plan instead.
While some franchisors may assist franchisees in writing a business plan, a franchisee should be mindful of how a franchisee merges the franchise business’ identity with its own vision in the business plan.
Franchisees should also be aware that there are certain actions a franchisor cannot take. For example, it cannot help a franchisee compile projected earnings for inclusion in the business plan or approve a franchisee’s business plan.
Vicky Wilkes is a senior associate at law firm Squire Patton Boggs (UK) LLP, specialising in both domestic and international franchising.
- How many franchisees does it take to make a franchise feasible?
- Is a franchisee an employee of the franchisor?
- Can I run a franchise part-time in order to establish it before leaving my current job?
- Can I buy a franchise with a business partner?
- What advice can I expect from a solicitor during negotiations with a franchisor?
Want to be your own boss? Start today!
A preschool dance program that explores 16 different dance styles ... find out more£4,995 Minimum Investment
Relooking is a beauty franchise, offering a variety of skin care and anti-aging treatments... find out more£18,000 Minimum Investment
Sweets and Treats Vending is a confectionery distribution franchise company... find out more£9,950 Minimum Investment
SuperGreen Solutions is an advisor, supplier, and installer of energy-efficient solutions to… find out more£178,000 Minimum Investment
Enquire now from
You have pending
Here's just five reasons why you should join our FREE newsletter!
New articles added every week
Hand picked franchise opportunities just for you
First class help and advice for franchising and business
We have the industries best contributors on board
Inspiring and insightful franchise case studies