Franchises are a way to get into business without taking all the risk of a traditional business. You will still be your own boss. You can still decide what style of business you would like to start up, and in what direction you will take your new franchise business. Having said that, once you sign up to your new franchise investment, you will have to follow the lead of the franchisor and work within their regulations and guidelines.
The huge help you will get from your franchisor though should by far make up for these limitations and make it worth your while because in reality isn’t it better to use tried and tested methods of sales. The Guidelines are already set out for you to use. They will help training your new team. Even help looking for the best location if for example you are looking at a food franchise or a shop front business. Not to mention with the top franchises, the name is already well known by the public so your advertising costs are going to be lower with the spending power of the other franchisees combined.
Why Look At Franchising?
You might be looking for work from home low cost franchises. How can you get on board one of the best franchise opportunities? Well you first need to decide what field you are interested in and search for franchises for sale in the UK that might be available with this in mind. Maybe you would like to run your own sports franchise or care home. If your background is care homes and your parents are due to go into a care facility, maybe your home isn’t big enough to accommodate three generations, it could be the perfect solution for all of you.
You might worry that you don’t have the management skills or the administration skills to run your own franchise, but this is where there training is invaluable. Often times when looking for new franchises, a franchisor prefers someone with less knowledge than more in certain areas. This means the franchisee is less likely to think they know best and run off in their own direction. The franchisee is going to be ready and willing to listen to the franchisor and do everything as per the manual to make their franchise investment a success.
The franchisor is after all able to sell his business to franchisees because they have already made a success of it. They have already found what works and what doesn’t work. They know all the intricacies of fitting in with government and council regulations and what standards have to be upheld to make yours a viable and successful franchise. There is always going to be something you have missed if you go it alone, so doesn’t it make sense to go ahead and work with someone who has already been down this road and tried and perfected all the pathways you will need to follow.
Statistics of Franchises
According to statistics 8 out of 10 new businesses fail in the first 5 years, yet 8 out of 10 new franchises are still in business after 5 years. That is way better odds, so start your search now for franchises for sale or take a minute to fill in the form at the top of this page and let Approved Franchises help you to select a franchise that is best suited to your needs.