Sharing The Franchise Vision And Then Making It Work

April 8, 2008 by Cris | 0 Comments

nebusiness.co.uk:

Is a franchise the recipe for a happy business marriage or the backdrop to an inevitable battle of independent minds? Jez Davison asks 3 Teesside business partners who said ‘I do’.
union-jack.jpg

Former chef Derek Lancaster is one of the growing breed of Teesside workers who’ve ditched their day job to run a franchise. ’5 years on, I can say I made the right choice,’ he says.

Others obviously share Derek’s enthusiasm for the civil partnership of the business world because franchised businesses in the UK are growing 5 times faster than the overall economy. Although still a small sector, last year their turnover increased by a
spectacular 15%, compared to UK Ltd’s compared with a relatively modest 3.1% rise in GDP. But then the 34,200 franchise operators include some of the biggest names in business who’ve stamped their brand across the UK on the back of a network of faceless, but often highly profitable, entrepreneurs.

For many of them, taking on a franchise offers a comfy alternative to the scary prospect of starting a business alone and from scratch. The opportunity to buy into an established brand with a proven business model and a ready-made order book seems much more attractive than getting your own idea off the ground.

Continue reading…

In Franchise Site

How Robots Are Making Us Happier
Wearable Intelligence in Energy
April Fools: Helium Beer
Wearable Intelligence in Healthcare
Pixar: The Math Behind the Movies
Watch Silicon Valley Episode 1
The Body Dryer
How Does Cryogenics Work?
Robo-Suit Body Extender
The Secret Science Behind Advertising

Related Posts

Related Resources

Comments

No comments yet.

Leave a Reply

Comment moderation is enabled. Your comment may take some time to appear.