Were you at the National Franchise Exhibition in Birmingham?
The Franchising Centre Blog
by admin
5M ago
If so, I hope you found it as great an event as we did. Every single event we have been to this year has been like a breath of fresh air. There is just such a positive vibe around franchising at the moment, which is really great to see after what have been such turbulent years for everyone. The biggest highlights for me were joining the bfa panel on How to Franchise Your Business, and how many really interesting conversations it sparked. It was an incredibly busy day for me, with faces both old and new coming down to our stand for a chat. Hopefully, we got a chance to speak, but if we missed y ..read more
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The single most important thing to understand about International Franchising
The Franchising Centre Blog
by admin
5M ago
I’m off on my travels again next week, this time to Manila, where I will visiting the largest franchise exhibition in Asia and hoping to meet new, high calibre consultants from South East Asian markets who can lend their expertise to any of clients looking to expand their franchise there. I have also been invited to attend the World Franchise Council’s annual in-person meeting. It’s a major event with delegates from 26 different franchise associations around the world attending, so I just can’t wait to be in the room with so many big names. It’s an incredible opportunity for me to learn what ..read more
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Under-investing in your franchise: when money talks, but opportunity walks
The Franchising Centre Blog
by admin
8M ago
Isn’t it usually smart to spend less? Looking around for the best deal is only natural, especially when it comes to your business’ precious, hard-earned capital. If you’re getting the same value for less, why wouldn’t you choose the cheaper option? However, how sure can you be that you are getting the same value when you opt for the cheaper deal? Often, it’s not until later that the dangers of false economy can become apparent. For example, that off-brand part for you car might be saving you a lot of money today, but if you have to replace it all over again a year from now, have you really sa ..read more
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Struggling to hit your franchise recruitment targets?
The Franchising Centre Blog
by admin
9M ago
There are more than 1,000 franchised brands available in the UK now. Standing out from the crowd isn’t easy, but that won’t be news to you. After all, you will have already made your mark as a business, and been successful enough at distinguishing yourself in a crowded marketplace to go on to franchising in the first place. However, it’s not uncommon for businesses with even the most savvy of marketing and recruitment teams to struggle to find their first franchisees, or for their recruitment to dry up at some stage during their journey. If you’re convinced your franchise can achieve so much ..read more
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From London to Casablanca, and beyond! Join Farrah Rose on the trail of the most exciting new and emerging International Franchising markets!
The Franchising Centre Blog
by katie-tfc
9M ago
For most of us, our passports are kept safely in a handy drawer and taken out maybe once or twice a year. For our International Franchising guru, Farrah, we don’t think it ever leaves her suitcase! The pandemic may have grounded this jet-setting expert for a couple of years, but she has been more than making up for lost time lately with one exciting trip after another. We managed to keep her on the ground for the British and International Franchise Exhibition earlier in June 2023, and she sure was in demand as the event was by far one of the most exciting and productive in recent years. All ..read more
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Farrah’s Travels: The road to Las Vegas and the IFA Annual Convention
The Franchising Centre Blog
by katie-tfc
1y ago
If you’ve been following The Franchising Centre’s Facebook or LinkedIn profiles lately, you will have surely seen that Farrah Rose, our Head of Development, is back on the road doing what she does best: meeting and talking with some of the biggest movers and shakers in the world of International Franchising. Before the pandemic, she was our very own Carmen Sandiego with nearly every day being a new destination around the world. Farrah’s travel experience has taken in almost every possible international market you can think of, including a number of emerging markets where she has played a pivo ..read more
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Your 2023 in business: following the pack or beating the odds with a Master Franchise?
The Franchising Centre Blog
by katie-tfc
1y ago
Whether you’re an experienced investor looking for the next big thing for their portfolio, or someone looking to launch their own business empire in earnest, there’s never been a tougher time to know exactly how to make your next move. It’s all too easy to be paralyzed by all the uncertainty in the economy – you know no-one has ever succeeded in business by not taking risks, but you’re struggling to find the right concept to invest your hard-earned money in. So, do you wait until something turns up, or do you get out there and find your next opportunity? There’s no such thing as a 100% guarant ..read more
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Turning your business into a franchise
The Franchising Centre Blog
by katie-tfc
1y ago
More and more businesses are quite rightly considering the opportunities and benefits offered by franchising when planning their future development. Indeed, any business which operates through branches should at least look at franchising as one of the potential strategies for growth. By Dugan Aylen, Director and Co-Owner at The Franchising Centre, Europe’s largest franchise consultancy. However, the process of turning a business into a franchise begins long before the first advertisements are placed for potential franchisees. The people who run the business, whether they are main board direct ..read more
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A Current Perspective on the UK Franchise Sector
The Franchising Centre Blog
by katie-tfc
1y ago
At The Franchising Centre, we’ve worked with more than 800 companies, franchisors and business owners over the last 25 years and have seen it all when it comes to political strife and economic difficulties, and how the franchise sector is affected. Whether you’re an independent business looking to franchise; an existing franchisor seeking franchisees; or someone looking to invest in a franchise, it may seem like an easy decision to put a hold on plans for growth, both personal and business in times like these. Our advice to all those that finds themselves caught in this dilemma is to do your ..read more
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Do you see recession as a threat or an opportunity?
The Franchising Centre Blog
by katie-tfc
1y ago
As the UK economy suffers from more uncertainty, what kind of business leader are you planning to be over the next year or two? Alan Wilkinson, our Head of Franchise Development, was lucky enough to attend a talk recently by Mark Berrisford-Smith, Head of Economics for HSBC UK. He had a very interesting take on what the UK is currently going through. While we are now officially in a recession, Mark made it very clear that this is a recession like no other – but not for the reasons you might think. The press hits us with one bad news story after another these days, but Mark told us that, compa ..read more
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