Money talks! In this section of the site you’ll learn more about the financial support available to franchisees, what to include in a winning business plan, and how to manage your cashflow once you are up and running.
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Introduction to Franchising
Recent statistics from the British Franchise Association (NatWest bfa Franchise Survey) have revealed that there has been a surge in young entrepreneurs (under 30 years of age) successfully finding their way into...
Finance Advice
Fundamentally, the reason that most businesses fail comes down to a cashflow problem – whether it is another business failure that leaves a bad debt, a change in market conditions...
Franchising Your Business
A recent case has highlighted the reluctance of the courts to intervene in “rewriting” these clauses to make them enforceable. This means it is even more important to review your...
Introduction to Franchising
BY JOHN PRATT Entering into a franchise is often the most important financial decision that anyone makes; in almost all cases, if it goes wrong the financial consequences are potentially...
Introduction to Franchising
LEGAL ADVICE THANKS TO FREETHS SOLICITORS 1. Unless it’s in the contract it’s not part of the deal Once you have decided to take on a franchise, your formal appointment as a...
Introduction to Franchising
Manzoor Ishani (below) discusses the conditions of a resale. If you are thinking of buying a franchise, you will often be told by your prospective franchisor that you will be able to sell your...
Introduction to Franchising
Manzoor Ishani is a senior consultant solicitor with Sherrards (Solicitors), a commercial practice advising franchisors and franchisees in the UK and internationally. He has specialised in franchising for more than...
Finance Advice
A breakdown on the pros and cons of forming a franchisee council from Goldstein Legal Opinions on the merits – or otherwise – of franchise advisory councils are famously divided....
Introduction to Franchising
BY MANZOOR ISHANI “Be your own boss – run your own business!” it’s the sort of slogan that is projected at those starting out on their franchise research all the time. It is...
Introduction to Franchising
Thinking of investing in a franchise?Roz Goldstein gives you the answers to the 10 most frequently asked questions 1. Is franchising a successful format for doing business? It certainly can...
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