Festive franchising - 12 days of Christmas...
As Christmas approaches and the year draws to a close, it’s both a time for reflection and looking to the future. If...
It’s not surprising that so many people are considering investing their money in the UK franchise market when it contributes a huge £15 billion pounds to the economy every year. This market has grown by 10% in the last four years, and it is still growing rapidly. Even with low cost franchises, the decision to buy into a franchise will likely be one of the most important financial decisions you'll ever make. The good news is, you're not on your own. Start Your New Franchise are here to help guide you, and to highlight all the things that need to be considered once you’ve found a franchise for sale that seems like a good fit for you. Have a good look around our site, and always be sure to take advantage of all the available information before making any decisions.
Before you enter into an agreement to buy into any of the franchises detailed on our site, it's vital you take the time to decide if franchising is right for you. 50% of business owners in the UK opt for opening a franchise rather than developing their own brand from scratch. But even if you’ve got an established brand behind you and have selected one of the low cost franchises, starting your own business can be risky, so be sure to do your homework.
When you are choosing a franchise partner, one of the most important things to check is their background and performance. These are vital statistics that will tell you if it is a worthwhile investment. Don’t base too much on the brand name alone, you need to make sure that you know what you are getting yourself into.
Here at Start Your New Franchise, we have a huge number of franchises for sale across a wide range of different industries. You’ll find everything from beauty to automotive franchises, and a wealth of opportunities in between. Don’t be afraid to consider something outside your immediate impulses or comfort zone either.
Above all, don't rush your decision, and make sure you are 100 percent comfortable before entering into any actual agreements.
If you’re thinking about buying into a franchise, you’ll find that a great place to begin your research is by reading through some of our guides. These guides can be found on the Blog Section of our site. Here, you’ll find more information on some of the main factors that you will need to consider before investing. Once you’ve had a good look through the guides, check out the different opportunities that we have to offer – you’ll find each listed opportunity has plenty of information to get you started.
We try to provide you with all of the information that you need to know about investing in a franchise, but we’d also like to share some of our favourite resources with you, so be sure to check out the British Franchise Association (bfa).
If you ever have additional questions, please don’t hesitate to get in touch.
Use all resources available to you, consider all factors carefully, and open your dream business through Start Your New Franchise.