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Is Franchising Right For Me?

Is Franchising Right For Me?

There are Many Reasons for Franchising:
• Someone has already had a great business idea and tested it!
• Franchisors usually have national advertising campaigns and a solid trading name.
• Franchisors should offer comprehensive training programmes
• Credible franchisors can help secure funding of the investment
• You are in control of your profitability, with the addition of a solid support infrastructure
Whilst franchising is a comparatively safe route, it is not right for everyone.
Before considering franchising as an alternative to employment,

Please ask yourself the following questions:
• Am I ready to be my own boss?
• Do I believe my past accomplishments give me the confidence to build a successful business?
• Am I willing to invest some of my savings/investments to achieve my business and personal goals?
• Can I raise the finance for the initial license fee, working capital and start up costs?
• Am I prepared to adopt proven business methodologies and procedures?

If you have answered positively to the above then franchising might be right for you.
For objective advice on franchising view the BFA web site www.thebfa.org

  The British Franchising Association is the voluntary self-regulated governing body for franchising. All members of the BFA have chosen to be vetted against a strict code of business practice.
 
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