It can reflect poorly on the entire network and cost a lot of money if one franchisee misses paying their taxes, which is why it’s vital that everyone understands what the state is due
From ensuring you’re not seen as integral to the franchise’s success to being able to demonstrate profitability, these are the things you must do in the run-up to a sale
The multi-brand international franchisor has big growth plans after a successful AIM listing in August and claims funding is still up for grabs
By carefully weighing up their options and asking the right questions, franchisees can find their ideal funder
More franchisees are investing in multiple sites and sometimes across multiple brands. But how can owners manage growth across several outlets?
With the franchising sector in such a healthy state, it’s important that we don’t let debtors derail businesses and cause terminal cashflow problems
While some franchises may be wishing they had a crystal ball to navigate them through these uncertain times, creating a cashflow forecast is the next best thing
Given a post-Brexit slowdown in bank lending seems all but inevitable, could alternative finance offer a solution to franchises’ borrowing woes?
Before buying a franchise, it’s worth considering what exactly you’re paying for and, just as importantly, whether you can afford it, says Carl Reader in The Franchising Handbook.
With franchising’s economic contribution undervalued by politicians and many franchisees ineligible for existing SME support, it’s time for the government to step up