- Original Poster
- #1
We intend to franchise in about a year's time, and I am collecting information about this. Any information will be greatly appreciated 
Franchising
- Thread starter New Age London
- Start date
G
gj
It would be well worth getting info at this stage from the Brtish Franchise Associaation.
For a successful franchise you will need to demonstarte a strong track record and have put in place the support systems and documentation for your prospective franchisees.
My experience is that people think it will be a lot more straightforward than it really is to franchise out a business idea. Businesses that can be successfully franchised are those that have been running successfully for some time. Those that set out to become a franchise rarely get to that stage.
The finance required to advertise the franchise opportunuty and to produce the manuals etc should not be underestimated either.
HTH
Graham
For a successful franchise you will need to demonstarte a strong track record and have put in place the support systems and documentation for your prospective franchisees.
My experience is that people think it will be a lot more straightforward than it really is to franchise out a business idea. Businesses that can be successfully franchised are those that have been running successfully for some time. Those that set out to become a franchise rarely get to that stage.
The finance required to advertise the franchise opportunuty and to produce the manuals etc should not be underestimated either.
HTH
Graham
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0
Just to add, the BFA website address is http://www.british-franchise.org/ - may be some useful info there.
Gary
Gary
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- Original Poster
- #6
gj said:
Yes, it is very serious and very scary. I am still trying to find out about franchises and learning very s l o w l y - thanks for the link, Gary!
It may be a situation that we will be at in about a year's time. Or I might find another way, probably just as serious and scary.
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