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Own and build any business you’ve ever dreamed of

Believe it or not, you can have your own business in any area you like without having to start from scratch. Franchising is a way you can gain the rights to trade under an existing company name and brand.

Did you know that popular household names, like McDonald’s and Subway, are not all owned and operated by their head offices? The truth is many of the units you’ll see globally are run by independent business owners.

Popular names in other industries work in the same way. For example, Hertz, the car rental company, has franchises in 150 states.

This is great news for you because you can essentially pick and choose the kind of company you want to own. For your investment, you get a franchise package with all the documents, processes and branding you need to set up and launch in hardly any time at all.  This saves you work writing policies from zero, coming up with branding and having to go out there to prove your company is reputable.

Think of it as a head start because lots of people will be familiar with your brand. The best part is that you inherit a company model that’s proven to work.

LET'S LOOK AT THE FACTS

Over 90% of franchises report that they are profitable

A third of franchisees own more than one franchise unit

More than 50% of franchisees are turning over a quarter of a million pounds annually.

Source: https://www.thebfa.org/about-us/industry-research/

Your franchise doesn’t have to employ anyone, either, so you can work solo without worrying about HR and recruiting if that’s what you’re worried about.

For example, if you want to be a driving instructor, a window cleaner or an after-school tutor, you can work from your car or client’s house so you don’t even need office premises.  40% of franchisees can even work from home!

HOW DOES FRANCHISING WORK?

The people who own the brand are known as the “franchisor”.

You pay the franchisor a franchise fee at the start. For that initial investment, they give you a franchise package that contains everything you need to implement and effectively run your business from pretty much day one (with a little time to set up, of course!).

They’ll also train you in everything you need to know and support you with their head office team.

For as long as you own the franchise, you’ll pay them a franchise fee, which is usually a small percentage of the turnover, and then all the rest of the profits are yours.

WHY WOULDN'T I JUST START MY OWN BUSINESS?

It takes time and money to set up your business. A franchisor has already done the hard work of setting up the systems and procedures you need to operate a business in your field, so they’re saving you lots of effort.

If you don’t have enough money to hand to open a business, you need someone to provide that capital. Banks are more likely to invest in a franchise because the model is proven to work, unlike many startups.

You also have a tried-and-tested business model, so you know you’re not wasting your time building a company that’s not viable.

Avoid the office costs with mobile franchises

Mobile franchises mean you are not in one fixed location. You can work from your vehicle and serve customers in their homes. Examples would be cleaning, gardening and decorating. There are even courier service franchises that are self-employed and deliver parcels on behalf of big company names like Amazon. They never have to pay for office space or hire staff, yet they have all the benefits of being their own boss.

Run your business alongside your job

Some franchise opportunities provide a little extra pocket money while you have the advantage of a consistent monthly income through your job. You can also build it up over time so that your business becomes your full-time job. If you don’t mind doing some cleaning in the evenings or gardening at weekends, a franchise can offer an extra income stream for your household.

Virtual services

If you love working from home, then you can run an online franchise. Whether you’re an online tutor or a PA, you’ll be able to conduct all your business from your laptop and market to anybody in the world. This even works for business consulting, accounting or a travel agent.

Get fit while you work

If you’ve had enough of the office lifestyle and staring at computers for hours at a time, then it might be a good moment to introduce movement into your working day. Gyms offer franchise opportunities, but you can also learn a new skill, such as yoga, pilates or dance with a fitness franchise. If you’ve secretly harboured a desire to take up these hobbies, you could turn them into a business.

The opportunities in franchising are limitless if you’re prepared
to invest the time.

Here are some great sectors you can run a business for through a franchise:

PETS

  • Doggie daycare

  • Dog walking

  • Dog spas

  • Pet supplies

CHILDREN

  • Kid’s fitness clubs

  • Children’s parties

  • Soft-play centres

  • Tutoring

EVENTS

  • Tent hire
  • Event planning
  • Wedding planning
  • Party planning

HOUSEHOLD SERVICES

  • Housekeeping
  • Window-cleaning
  • Gardening
  • Carpet cleaning

CREATIVE SERVICES

  • Printing
  • Design
  • Social media
  • Marketing

BEAUTY

  • Hairdressers
  • Barbers
  • Nail salons
  • Spas

RETAIL

  • Florists
  • Jewellers
  • Coffee shops
  • Fashion

OTHER

  • Accounting
  • Law firms
  • Recruitment
  • Home care

Are you looking to develop your health and social care or wellbeing business as a franchise?

Here’s how you can work with us

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