Small Business

Franchises

As a would-be franchisee attending a discovery event, the more preparation and research that you are able to do before the event, the more that you are likely to get out of the experience. Here's ten questions that you shouldn't leave without finding out the answer to.

The story of The Halal Guys rise to international franchise success epitomises the American Dream in many ways. Last month the fast casual halal food franchise announced the next chapter in its tale of success by announcing plans to open a further 12 US locations by the end of this year.

Franchising is an established business concept which has evolved over centuries. But there are many pre-conceived ideas, not all of which are correct, surrounding the business model that may influence an individual's decision to enter (nor not) the world of franchising.

The UK based gaming brand Immersive Gamebox has announced that it has signed $90 million worth of franchise deals in order to expand globally, as part of a blended approach to growth though company-owned and franchised sites.

With an estimated 3,000 plus franchise brands in the US alone and many more operating worldwide, for a would-be franchisee looking to invest in a franchise brand the choice can be daunting to say the least. How do you pinpoint the franchise opportunity that is going to be the best fit for you?

An ethical franchise is one which is committed to fairness and good practice. Whilst choosing an ethical franchise is by no means a guarantee of business success, it will place a new franchise owner in the strongest possible position as they start on their business journey.

Social media is a fantastic and now essential marketing tool, allowing businesses to connect with customers and potential customers instantly. Any new franchisor looking to grow a franchise network should carefully consider at the outset what the social media strategy for their franchisees will be.

Here are some tips for creating a better franchisor/franchisee relationship: Have A Clear Vision For The Business.

Expanding a franchise concept through multi-unit agreements has benefits for both the franchisee and franchisor.