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Setting up a franchise or purchasing a new franchise territory generally requires significant financial input and therefore often commercial backing. Successfully securing funding depends on several factors including: approaching the right lender...
In the world of business, from time to time business owners have to take out loans. Taking out a loan is a massive decision that may bring about stress, being unable to sleep, and even loss of appetite while you consider your options and make a...
Find a franchise in a recession with this five point plan from franchisor, Andrew Cutler Reducing the risk when buying a franchise in a recession is critical. There are a number of factors to check to ensure your potential investment will be...
The reality is that franchise specialist banks have continued to finance sound business proposals to people looking to invest in well-established franchise opportunities throughout the economic downturn.There are advantages recognised by some banks...
Tips from Graeme Jones on how to maintain a healthy cash flow We don't appear to be quite out of the economic downturn, but regardless of when the UK does return to growth, one of the most important issues facing franchisees will be the question of...
A new fund worth £100 million has been created by NatWest and RBS to support people who want to start their own franchise business With the public sector facing serious cuts, opportunities in the UK's franchise sector look set to play a significant...
Alexander Baldock reveals why asset finance can help you and your franchise to grow The franchise industry is in a defiant mood. Against the backdrop of the Chancellor’s acknowledgement that the UK’s economic recovery is likely to be “longer and...
Impress the bank manager with these CV and interview tips that will ensure you gain the financial support you need. NatWest's Kevin Noble reports The key to gaining funding is the business plan and the financial projections. However, in many cases,...
Those thinking of buying a franchise are often told by their prospective franchisor that they will be able to sell their business when they are ready to retire or move on. Manzoor Ishani explains the facts. The bfa/NatWest Franchise Survey in 2004...
Experts generally regard investing in a franchise as a less risky way of setting up in business than if you were to start your own company independently. Although, as with any business opportunity, there are still risks so investors need to undertake...
Cathryn Hayes explains in detail how to approach your bank for finance when starting up a franchise In broad terms, franchising is a safer option than going into business on your own. A franchisee should have a tried-and-tested format to follow,...
Carl Reader explains why it’s important for franchisees to keep on top of their financesFor most prospective franchisees, the administration involved in running a business is a new task in which they have little experience. Government red tape,...