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Latest franchise opportunities, news and views

School turns out to be a Razzamataz

DRazzamatazTheatreSchoolenise Hutton-Gosney, the franchisor of Razzamataz children’s theatre schools, is pictured with an enthusastic and happy class at her school in Carlise.

Razzamataz took off in 2007 after she appeared in Dragons’ Den on BBC2 and persuaded one of the Dragons, Duncan Bannatyne to invest in her business. There are now 40 franchised schools across the country.

The franchise package covers all aspects of the business from recruiting the best teachers to complying with the ever-growing health and safety regulations. More

Australians ring in with off-the-shelf phone companytelcoinabox

Franchising continues to grow apace in its diversity with the arrival of a concept from Australia giving franchisees the opportunity to compete with the giant phone companies.

Telcoinabox, pronounced Telco-in-a-box, provides its franchisees with the infrastructure to run their own phone company that covers fixed-line, mobile and broadband rentals; telecom equipment; technical support; and billing services. More

Helping businesses cut their costs

BCRAssociatesA firm which helps businesses cut their costs, BCR Associates, of Exeter, is now franchising.

Founded five years ago by Chris Battin and Richard Dormer, it claims to achieve savings as high as 75 per cent on such costs as energy, telecoms, business insurance, water bills, vehicle leasing, finance, staffing and rateable values. More

Joining a sound franchise despite the downturn will bring its rewards
By Karen Kaye, Nailzone

NailzoneKarenKayeThe severity of a recession is often measured by the toll it takes on our pay packet even though the change it renders on our mindset can be a lot more damaging. However, those that are strong enough to push ahead with good business ideas will be rewarded for their efforts.

Speak to anyone today about setting up a new business, or striking out on their own, and immediately the conversation turns to fears about funding, worries about customer demand, and a lack of confidence in the economic environment. More

Franchise industry contributes £11.8bn to UK economy despite recession

BritishFranchiseassociationlogoUK franchise businesses continue to grow and remain robust despite economic conditions, with the industry contributing £11.8bn to the country’s GDP last year, an increase of £400m from last year, according to the latest findings from the annual NatWest/British Franchise Association survey 2010. More

Newsbites - for more on the stories below click here

British Franchise Association affinity scheme
An ambitious affinity scheme providing supplier discounts to franchisees of its 285 franchisor members is being developed by the BFA. It calls for the setting up of a national franchisee register of its members’ franchisees.

Internet marketing
Liam Patton continues his articles on internet marketing by introducing Google tools that will provide valuable information on web traffic.

International affairs
Brian Duckett describes the two-way traffic stream in the international franchise market.

The basis for projections
Andrew Quail, the BFA’s head of quality standards and compliance, stresses the necessity for franchisors to clearly state the basis on which they arrive at the financial projections they issue to prospective franchisees.

Renewal of the agreement
Victoria Hobbs explains why franchisors need to be extremely careful to ensure that on expiration of a franchise agreement that the renewal agreement is promptly signed, or the franchisee ceases to trade.

Advice for franchisees
Audrey Summers explains why she gave up her career as a finance director to become a franchisee of Accounts Assist and offers advice on buying a franchise.

High Court case
Has a recent franchise case in the High Court involving Kall Kwik and one of its franchisees created a chink in the armour of the franchisor, asks Geoffrey Sturgess?

Banker’s advice
Richard Holden, head of Lloyds TSB franchise team, gives advice on running a franchise from home.

In-toto kitchens
In-toto heralded its 30th anniversary with the opening of its 52nd store by Simon Rimmer, the BBC celebrity chef.

BFA annual conference
The BFA is working towards consensus on bringing franchisees on board, reports Derrick Simpson.

Coming out of the recession
As the country emerges from recession, this is a good time for businesses to be innovative, says Cathryn Hayes, head of HSBC franchise team.

Mail Boxes Etc.
Despite the state of Britain’s economy, Mail Boxes Etc., the high street retailer of business services, is opening new stores at its highest rate for five years and is a leading example of how franchising can prosper in the current business climate.

Franchisee resales
Derrick Simpson explains how franchisors should prepare their exit planning.

Franchisor of the Year awards
TaxAssist Accountants has won the 2010 BFA/HSBC Franchisor of the Year title.

Franchising your business
Robert Harris, of Mundays, helps franchisors to untangle the property minefield.

Franchisee recruitment
Iain Martin begins a series of articles for prospective franchisees on preparing their business plan.

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Franchise World magazine
FranchiseWorldAug2010

You can have a virtual copy of the latest issue and back issues of our franchise magazine, Franchise World, in your hands right now.

Well-polished business
MollyMaid

Molly Maid is the leading international brand in the £3bn domestic cleaning market. Since it was founded in Canada in 1979 its franchise owners have cleaned hundreds of thousands of homes in the UK, Canada, the U.S., Portugal and Japan. In this year alone its 450 franchise owners will perform in excess of two million home cleans worldwide.
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New face at ChipsAway VickiButlerHenderson
TV motoring personality and racing driver, Vicki Butler-Henderson is the new celebrity fronting ChipsAway, the leading repairer of car chips and scuffs.

She will endorse the firm on marketing material, including a new DVD, and be involved in its 15th anniversary celebrations. “She embodies our key values - she is smart, successful, and a real winner when it comes to cars,” says chief executive, Lloyd Evans.
More

Re-launch for local guides
Raring2go

Raring2go, a major local community magazine publishing franchise, has been bought by its printer, Freddie St. George, of Mojo Publishing.

The magazine, which has a quarterly distribution of 700,000 copies, is focused on providing families with children with a regular local guide on what to do and where to go. Copies are distributed in children’s school book bags. More

Trail of the perfect job?
treasuretrails

There has never been a better time to start a business in the leisure industry as more people are looking for a healthier lifestyle, better work/life balance, and spending more quality time with the family.

Fresh, affordable and healthy outdoor activities are becoming highly sought after and leisure franchise, Treasure Trails is capitalising on this trend with its unique, themed walking and cycling trails. More

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Accounts Assist gains BFA recognition
Growing franchise of chartered certified accountants, Accounts Assist, has been accepted by the British Franchise Association (BFA) as a provisional member - testament to its high-standards in franchising. More

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WPA franhealth scheme
wpafranhealth

Under an affinity scheme, which will be operated by WPA’s franchisees, the insurer will offer discounted rates on its healthcare policies to franchisors and through them to their franchisees. The scheme will also be available to service providers to the sector, such as lawyers and franchise consultants.
More

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