Featured Franchises
Dolly Char (UK) Ltd
Primary industry: Domestic Cleaning
Minimum investment level: £7,995
Primary industry: Domestic Cleaning
Minimum investment level: £7,995
CityLocal
Primary industry: Local Internet Directory
Minimum investment level: £9,950
Primary industry: Local Internet Directory
Minimum investment level: £9,950
Forces Recruitment Services (FRS) Ltd
Primary industry: Recruitment of ex-Forces
Minimum investment level: £15,500
Primary industry: Recruitment of ex-Forces
Minimum investment level: £15,500
Maid2Clean
Primary industry: Residential Services
Minimum investment level: £9,999
Primary industry: Residential Services
Minimum investment level: £9,999
Supagrass Ltd
Primary industry: Lawn Care
Minimum investment level: £6,900
Primary industry: Lawn Care
Minimum investment level: £6,900
Countrywide Signs
Primary industry: Estate Agency Sign Management
Minimum investment level: £10,000
Primary industry: Estate Agency Sign Management
Minimum investment level: £10,000
Ambience Hire
Primary industry: Weddings and events
Minimum investment level: £9,995
Primary industry: Weddings and events
Minimum investment level: £9,995
Uber Products
Primary industry: care and buety producs
Minimum investment level: £17,500
Primary industry: care and buety producs
Minimum investment level: £17,500
Xpoze
Primary industry: Internet
Minimum investment level: £1,000
Primary industry: Internet
Minimum investment level: £1,000
Autovaletdirect
Primary industry: Mobile car valeting
Minimum investment level: £7,000
Primary industry: Mobile car valeting
Minimum investment level: £7,000
Fastsigns
Primary industry: signs and graphics
Minimum investment level: £35,000
Primary industry: signs and graphics
Minimum investment level: £35,000
Bluebird Care
Primary industry: Care
Minimum investment level: £32,500
Primary industry: Care
Minimum investment level: £32,500
IRUN Solutions Ltd
Primary industry: Business Development
Minimum investment level: £3,500
Primary industry: Business Development
Minimum investment level: £3,500
TaxAssist Accountants
Primary industry: Accountancy
Minimum investment level: £30,000
Primary industry: Accountancy
Minimum investment level: £30,000
No Letting Go
Primary industry: Property services
Minimum investment level: £5,000
Primary industry: Property services
Minimum investment level: £5,000
DE Photo (Franchising) Ltd
Primary industry: Photography
Minimum investment level: £46,000
Primary industry: Photography
Minimum investment level: £46,000
Buy a Great Franchise Opportunity
How do you find a great franchise opportunity amongst the thousands advertised on the internet, franchise exhibitions and magazines?In this article I examine the key qualities that potential franchisees should look for when evaluating a franchisor and their business model.
Is the business model profitable? This is the number critical issue that should be examined in great detail before any commitments are made. Can you see a market for the products in your territory? Some franchises only work well in areas with a certain type of demographic and in specific locations. If your demographics are wrong or you can not find the ideal location then you might be well advised to consider another franchise.
Is the market sustainable and set to grow? Many franchisees make the mistake of buying into a franchise when the market is already saturated and declining. Just because a lot of franchisees made a great profit in the past it does not mean that the same circumstances apply today. All business markets move in cycles and it is important to get in at the right time.
What do existing franchisees think? The best way to gather information that the franchisor will not tell you is by speaking to the existing franchisees. Do not only call the numbers that the franchisor gives you but call at random at least three people who have bought into the business.
Is the franchise agreement any good? Many great business models are ruined by a poor franchise agreement that does little or nothing to protect your rights. Always get a decent franchise lawyer to go through the agreement with a fine tooth comb and negotiate over any points that you are not happy with.
Is the training and support world class? One major gripe that a lot of franchisees have is that once they have paid their franchise fee many franchisors forget about them in their desire to sell more franchises. If you already have business experience then perhaps you might be able to do without first class support. For many people buying a franchise this is their first foray into the business world and therefore they are likely to fail if full ongoing support is not provided right from day one.
Buying a franchise opportunity is a great way to get started in business for the first time especially if you find an ethical franchisor. If you take proper care evaluating the business model, get the best advice and are prepared for hard work then there is no reason why you should not succeed.
Naz Daud is the founder of CityLocal. This Business franchise opportunity is for people who would like to work from home and be their own boss.
Business franchises and UK Business Directory
Franchise Opportunity & business opportunity
