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FRS Ltd Blog- Starting your franchise by selling part of an existing established area dugan
- What percentage of the franchise fee do recruitment agents usually take? dugan
- How to avoid investing in a bad franchise! dugan
- Why do 10% of franchise brands recruit 75% of available potential franchisees every year? dugan
- ‘Franchisee’ or ‘Franchise Owner’ – is there a difference? dugan
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Author Archives: dugan
Starting your franchise by selling part of an existing established area
If you are wanting to sell part of your established area, then the best thing would be to put together a really great package and use this to get your first franchisee on board. It would not be called a … Continue reading
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Tagged existing business, franchise ambassador, franchisee, master franchise
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What percentage of the franchise fee do recruitment agents usually take?
This is a question I get asked a lot, so here is a straight and realistic answer to this question: In terms of percentage of franchise fee that franchise recruitment consultants will look to take, it varies vastly according to their … Continue reading
How to avoid investing in a bad franchise!
The best way to avoid joining a scamchise (!) is to speak to existing franchisees in the network, and not only the ones that should be provided to you by the franchisor, but by finding people through yellow pages, etc. Bear … Continue reading
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Tagged bad franchise, franchise, franchise advisor, new business, regulation
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Why do 10% of franchise brands recruit 75% of available potential franchisees every year?
In the UK it seems that the standard procedure for a newly set-up franchise brand is to book a stand at a franchise exhibition even though the majority of new brands will find it difficult to recruit their first franchisees … Continue reading
‘Franchisee’ or ‘Franchise Owner’ – is there a difference?
I was at the BFA Franchisor of Year Awards on Thursday night to see TaxAssist just pipped to the post by Countrywide Grounds Maintenance amidst the usual pumping dance music accompanying those honoured to the stage! Andrew Quail, the head … Continue reading
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The Franchise Failures Formula
If you are looking to invest in a franchise and you have narrowed the field down to a few, and you have started to schedule visits to those brands, there is one important question you should ask, which, if asked … Continue reading
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The London Olympia Franchise Exhibition
I spent Friday last week at the franchise expo in London. I have been to this show for the last 5 years or so and my first impressions this time was that there was much more space than in previous … Continue reading
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