International Franchise Show Managing Director Acquires Controlling Shares in The Great British Business Show and The Business Start Up Exhibitions
17th August, 2020
17th August, 2020
The COVID-19 pandemic has highlighted the importance of cleanliness in business and good personal hygiene, adding pressure on businesses to adapt their working environments to COVID-secure standards. These new guidelines have seen lots of businesses look at trusted cleaning companies for services that meet the requirements. Many cleaning franchises have seen a surge in business while others have adapted to tailor their services to these new circumstances.
So you’re considering buying a franchise but how do you find the right franchise for you?.
Like everyone else we were stunned by the rapid spread of COVID-19. Being a business that provides personal training this meant that our franchisees could no longer provide workouts for clients and this galvanised us, as a franchisor, into creative mode.
In April 2019, an investigation by the National Education Union shed light on the high percentage of teachers turning their backs on the education industry. With continued budget cuts, increased workload and mounting pressures from OFSTED inspectors and parents alike, it’s no wonder a whopping 32,375 new teachers have left the state school system in the last five years alone*.
Finding the means to fund your franchise can sometimes be difficult, especially if the investment level is high. Whilst there are more affordable franchise options appearing, coupled with more grants and incentives, there still remains the need to weigh up your available options.
Below are three tips to consider when planning your franchise finance.
A franchise is a perfect model for anyone who’s ambitious and determined to be their own boss. Opening a franchise requires a great deal of perseverance, time and effort (as with any business start-up venture) but the key differences are the whole host of benefits you’re buying into - in short franchising is a lot less risky than starting out alone.