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Buying a franchise
Buying a franchise
There are many people with the desire to run their own business, work for themselves, enjoy flexibility and most importantly earn a good income but they just don't know where to start. Find out more about with TotalFranchise.co.uk
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Investing in a franchise business

There are many people with the desire to run their own business, work for themselves, enjoy flexibility and most importantly earn a good income but they just don't know where to start. 

There is also the fear of the business not working and being unable to secure the income that you need. 

By investing in a franchise business there is an increased prospect of success compared to going it alone. This is why more and more people are choosing franchising as a route to business ownership.

Investing in a 'business-in-a-box'

A franchise is often described as a ‘business-in-a-box’. The business model, product line, backend systems and sales and marketing strategies have all been established, proven and fine-tuned.

The business is already established, trust has already been built with consumers and clients already engaging with the company. 

Franchising allows you to launch a business quickly as all the foundations are already in place. 

Franchising covers almost every sector

By buying a franchise you can choose almost any industry sector. You will find a large amount of franchisors do not require any previous experience or qualifications as they will train you to either become full qualified or fully trained to enable your business to be a success. 

Other industry sectors may require qualifications or experience such as in accountancy or business consultancy 

In business for yourself, but not by yourself

investing in a franchise business you benefit from initial training, ongoing support from the franchisor and a network of other franchisees who can offer advice, guidance and moral support.

There is still someone to pick up the phone to, whether it’s head office or a peer running the same kind of business as you. This provides important reassurance, especially in the early months.

Although you are in business for yourself there is always someone at the end of the phone to provide you with support. 

It’s easier to raise finance for investment in a franchise

Due to the increased chances of a franchise still being in operation after five years compared to an independent business, banks look favourably on applications for finance for franchise ventures.

Banks will typically loan 50% of the investment amount needed and up to 70% for established franchises. There are also Government Start Up Loans and other funding options available, sometimes funding is also offered by the franchisor. 

Most franchisors will help you prepare your business plan to assist with any funding applications. 

Explore a wide range of franchise opportunities with www.TotalFranchise.co.uk

Home Based franchises you might be interested in..

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The Refresh Renovations Franchise provides a unique opportunity to join the global market leader in the residential renovations sector.

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The Franchise Consultant - Franchise Consultancy
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Franchise Business Consultancy - Take control of your lifestyle, build connections and earn a fantastic income in a high-demand industry

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ColourWheel are now offering the right people the opportunity to run their own adult art class Franchise Business.

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FocalPoint Business Coaching is the world’s premier coaching and business skills training franchise

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One Less Thing Franchise
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Run your own Domestic Cleaning Franchise and take your share of the multi-billion pound cleaning industry.

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UK Franchise Opportunities and Business Opportunities for Sale. Explore our wide range of UK Franchises and browse information about franchising including franchise news, case studies and lots more. Totalfranchise is the leading UK franchises resource to help you start a franchise business.

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