Introducing the British Franchise Association and why it’s a smart move to check in with us for advice and guidance, on your investment journey
As the hub of franchising in the UK, with over 300 franchisor members whose businesses have been thoroughly audited to ensure they meet the BFA’s strict standards, we’d like to think we know about franchising: the dos and don’ts, the good, the bad and the sometimes downright ugly. If you’re thinking of franchising your business or buying one, read on. Then come along and talk to us, visit our website and let us guide you through the fantastic world of franchising!
Are franchises profitable?
Gauche of us to mention money so quickly, perhaps, but ultimately everyone goes into franchising to make some, so let’s talk about it! And while there are no cast-iron guarantees
in franchising – whether you’re looking to franchise your business, or are looking to buy a franchise – it’s reasonable to ask!
…will my franchise business succeed?
A franchise is a business like any other and so comes with inherent risks.
While we can’t – and won’t – tell you your franchise will definitely succeed, if you’re looking to invest in a franchise then we can tell you, hand on heart, that our members’ businesses have been tried and tested, operate in an ethical and professional way and it is perfectly possible for them to succeed. The chances of succeeding with a franchise business – compared with launching an independent start-up – are much higher.
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