With the world having to adapt to a ‘new normal’ and businesses across the UK facing unprecedented times, becoming a franchisee with an established business has never been such an attractive proposition.
One of the most frequently mentioned buzz words at this year’s BFA Conference was not, for a change, ‘profit’, how much can I make and how quickly?, but ‘Wellbeing’, what does it mean? How do I create it? and how do I build it?
The current situation affects us all to some degree or another. First and foremost we are living and working through a human crisis which we all hope will come to an end sooner rather than later.
In the current pandemic, we have witnessed a sharp rise in the number of people enquiring about a franchise. There is no doubt that franchise is a wonderful way to curate your own career, but what should you ask yourself before you start this adventure?
At its finest, franchising allows people the opportunity to buy into an existing, successful business model that comes with a proven track record, and successful training programme.