"When the pandemic first hit and the March lockdown was announced, we had to close the whole of our network, some 60 franchisees and 250+ employees across the country, as we weren’t classed as an essential service."
And according to Nigel Toplis, there is no better time to move into franchising, which he believes is the most underrated and least understood business model of all.
Success in franchising can be measured many ways; awards, profits, status, numbers of customers, number of units, number of products, brand preference, market share, the list is endless.
Many people have been using the extra time spent at home during lockdown to think about their future and for some, this means dusting off their plans to take control of their future by starting their own business.
Although you might think now isn’t the best time to launch a business, franchising might be the proverbial light at the end of the tunnel for many people looking to strike out on their own.
We all know it, and I think it is safe to say, that 2020 has been a bit of a tough year. Companies have faced significant operational challenges meaning that they have been without staff, suppliers or customers for long periods of time.
Do you want to run your own business, but don’t know where to start? Or perhaps you are facing redundancy with the Covid-19 upheaval and its impact on employers?
Enough of the doom and gloom; it’s time to look positively towards the future.
Stagecoach Performing Arts prides itself on the variety of talent within its franchise network - a diverse group of former performers, experienced entrepreneurs, established teaching talent and Stagecoach ‘lifers’.
This is the message from Duncan Berry who is urging the social care industry to act quickly and capitalise on a sudden surge of interest from those wanting to work and run businesses in this growing sector.