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Franchise World magazine
How to Evaluate a Franchise

How to Evaluate a Franchise
By Dr Martin Mendelsohn

You need to read this guide before signing any franchise document, or parting with money. It will help you to assess whether you are suitable for self-employment and in particular franchising, and tell you how to detect a suspect franchisor. There are no franchise laws in this country to protect you. The wrong decision could cost you your home and life savings, and leave you with considerable debt.

UK £12.95 hard copy (airmail £14.45) or £6,99 online copy. Order

UK Franchise Directory 2009
Full contact details of all franchises in the UK, totalling over 1,100. Advice for both prospective franchisees and franchisors. Foreword by Sir Bernard Ingham - President, British Franchise Association.
Order hard copy online copy

How to Franchise Your Business
By Dr Martin Mendelsohn

If you are considering franchising your business, or have an idea that you believe would make a successful franchise, this guide will explain the steps you need to take. Mistakes can be costly, both financially and morally. Businesses, which were profitable, have been ruined by going into franchising without adequate preparation. Failure causes great personal distress not only to franchisees, but to the franchisors, who may have persuaded them to mortgage their homes and sacrifice their life-savings to join the franchise. Such disasters can be avoided by taking the right advice.

£7.99 online copy.

How to Franchise Your Business
British Frnchise Directory 2008

How to Franchise Internationally
By Dr Martin Mendelsohn

Franchising is the ideal system for taking a business into new countries, but the failure rate is surprisingly high. Martin Mendelsohn identifies the causes of failure. He discusses the options available and charts the course to success. "This revised and updated version of the book will be of enormous help to any franchisor, either taking their concept out of the UK or bringing it in from overseas, providing, as it does, a complete list of the 'do's' and don'ts' based on Martin's extensive experience," says Cathryn Hayes, head of franchising at HSBC Bank.

£5.99 online copy.

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British Franchise Association Affiliate member

Latest franchise Premier Listings

Right at Home is one of the leading providers in the USA of privately-funded home-based care for the elderly. The UK market is very large and growing – there are over 9.5m people aged 65 and over currently, and this number is projected to grow to c.12.5m by 2025. Master franchise opportunity.

Founded in 2000, KinderGolf provides an innovative learning environment that teaches each child golf in a fun, safe and holistic way, using a creative children-specific teaching methodology and instructional aids. Master franchise opportunity.

Formula One Driver. Own your own F1 car with simulator. Earning well in excess of £100,000 per year. Customers drive any GP circuit and have their picture in F1 car. Displays in shopping malls, shows, exhibition & corporates. Franchises from £15,000.

 

Established in 1976, Dietcare is a healthy eating weight management business and a leading authority on obesity. As a Dietcare franchisee, you can offer clients one-to-one counselling, dietetic advice, plus individual diets to suit their varying metabolism and lifestyles.

Purple Care. A domiciliary care franchise opportunity developed to provide the highest standards of personal care, social care and home care helping elderly and disabled people stay in their own homes.

MatchPoint Network. Are you ready to start making big money by using only a PC, Internet connection, telephone, and your professional expertise?  … Then you may have what it takes to be a part of a multi-billion pound industry by becoming a MatchPoint franchise business consultant!

Cherry Tree sells a range of award winning pickles, chutneys, jams and marmalades at farmer's markets and to trade customers such as restaurants, pubs, delicatessens and butchers.

Marla Custom Blinds offer you the opportunity to supply and install blinds, awnings and canopies to residential, commercial and contract customers in your own exclusive territory. Limited offer: franchise package only £5,750 plus VAT.

Total Maintenance Solutions is an established and dynamic organisation committed to providing engineering and maintenance solutions for industry.

Abacus Care is both a nursing and domiciliary care provider placing qualified nurses, health care assistants and support workers into various health care sectors.

Purchasing a Venture franchise offers a rare opportunity to acquire a business that has a proven track record, extensive brand recognition and is the clear market leader in the portraiture sector.

WPA is one of the leading medical insurance companies in the UK (with a heritage of over 100 years), looking after some 300,000 customers with numerous awards for excellence.

Signarama
Signarama has been at the forefront of the rapid growth in corporate identity and branding by successfully franchising the full service sign centre concept for over 20 years. Signarama is the largest full service sign franchise with more than 900 stores in over 50 countries.

Latest franchise news
To view these and more stories in full click here

Judy’s green shoots
Judy Behl returns to franchising with her second garden design and build franchise, Lime Orchard.

Recession beater
Marla Custom Blinds has created a recession-beating deal for potential franchisees by temporarily waving its franchise and initial training fees

Family fitness
Rosemary Conley Diet & Fitness Clubs launches Kids 2 family classes.

Price monitoring
Mark Abell looks at the legalities of price monitoring by franchisors.

Business angels
A new route to business loans has been created through a link between the financial management franchise, the Local Bookkeeper and the British Business Angels Association.

Supplier Showcase
The Franchise Supplier Showcase is moving to the NEC, Birmingham, following the success of the May show. It is the only event dedicated to companies supplying products and services to the franchise industry.

Cover feature: Tossed salad bars
With the choice of 15 different salads and the opportunity for customers to create their own, Tossed salad bars aims to take the boredom out of healthy eating and keep customers coming back for more.

Government-backed loans
Cathryn Hayes, of HSBC, reports that franchisees are already reaping the benefit of the Government’s new enlarged business loan scheme, the Enterprise Finance Guarantee. She gives examples of two franchisees who have already benefitted.

Retrospective discounts
Where should the money go from retrospective discounts paid to franchisors by suppliers.

Scottish Franchise Showcase
The annual Scottish franchise show at Glasgow on June 5 will have a new format that will give potential franchisees a better opportunity to get to know franchisors. Free entry ticket.

Banker’s view
Richard Holden, of Lloyds TSB, offers advice on choosing a thoroughbred from the franchise stable.

Opportunities in the recession
Derrick Simpson, of Franchise Resales, reviews the recruitment opportunities for franchisors created by the recession.

The seven disciplines
Emma Wimhurst outlines the seven disciplines for franchisees that can make their business successful.

BFA members’ categories
An early outcome of the One Vision development strategy being drawn up by the BFA is expected to be the introduction of a suppliers’ category.

Survival route
Conventional businesses can give themselves a better chance of weathering the economic downturn by converting their branch networks to franchising, suggests Brian Duckett, of the Howarth Franchising Group.

Recruiting strategy
Iain Martin goes over the planning groundwork in the first of series of articles for franchisors on improving the success rate of their franchisee recruitment strategy.

Trading places
Success stories from franchisees of Signs Express, ChipsAway and Ovenclean.

Franchising your business
Nicola Broadhurst, of Mundays, lists the pros and cons of franchising for both parties.

Franchise World - how we can help
Whether you’re the man-in-the-street, or own a business that could grow linto a national, or even international company, you can become part of a thriving industry with a turnover in Britain of more than £12bn a year. Here you can get to know what franchising can offer, whether you’re planning to go into business for yourself by buying a franchise (franchisee), or you already have a business you would like to franchise (franchisor).

We'll introduce you to some of the franchises you can join, ranging from those costing less than £10,000 you can run from home to those with the big high street names, and we’ll give you the latest franchise news. Franchising carries far less risk than starting out entirely on your own, but it’s not so simple that you won't need help, so we’ll tell you where to get the best independent advice. And if we whet your appetite, you can learn more by following the links, and by getting a copy of the Franchise World: 2009 British Franchise Directory and Guide. Choose wisely and good luck!

Notice to visitors: Visitors should obtain advice from a qualified accountant and solicitor before parting with money, or entering into any financial or contractual commitments. Information in the magazine and website is provided in the main by franchisors and readers should not rely upon it without having personally verified it at source. The publisher does not make any representation about the viability or otherwise of the franchises, or business opportunities, mentioned and does not accept any responsibility, or give any warranty, representation or assurance that statements, conclusions and opinions expressed or implied are accurate or valid.

© 2009 Franchise World

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You can have a virtual copy of the latest issue in your hands right now by simply clicking on the cover. Within seconds, you'll be able to read the actual magazine just as easily as you would the printed copy. Turn the pages by clicking on a outside corner, or use the arrows on the tool bar. You'll also have the additional benefits of being able to:

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LATEST..LATEST...

VACANCY
Franchise support manager
You should have experience in franchise support or management of multi-unit operations. A strong background in marketing or business development would be an advantage.
More ...

PROPERTY
Retail premises available - ideal for branded franchise operation

A prominent corner position in a busy mall within the established Eden Walk Shopping Centre in Kingston upon Thames, Surrey. Further information and viewing contact Dan Gazzard at morganwilliams.co.uk

june
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