What.Franchise.TruePDF-Volume.13.pdf

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ISSN
1744-6988
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VOLUME 13 ISSUE 2
www.what-franchise.com
£3.99
What
Franchise
9
771744 698037
EXPERT
ADVICE
*
Brand profiles
*
Interviews
*
Industry trends
*
Franchise directory
Got what it
The skills you’ll
need to become
a successful
franchisee
TAKES?
ROLL
Ready to
The pros and
cons of buying a
franchise resale
TRAIN
to gain
Training and
support is the
bedrock of
success
The benefits of a
retail franchise
over starting
from scratch
SHOP
TALKING
Proven profit potential
Joscocare founder offers franchisees
three tried and tested revenue streams
PAG E
How PR can get
your brand noticed
11
SHOUT
ABOUT IT
PAG E
Expert advice on how to
secure the right deal
8
FUNDING
YOUR FUTURE
PAG E
Common myths about
van-based franchising
6
HIT THE
HIGH ROAD
Welcome...
If you’re looking for bank funding to start your own
business, you’re more likely to secure it if you invest in
a franchise.
The likes of NatWest, Lloyds and HSBC have
dedicated franchise departments that have been set
up specifically to lend money to aspiring franchisees.
Because of franchising’s successful track record in
the UK, they’re prepared to lend up to 70 per cent of
the start-up costs to individuals wanting to invest in
an established franchise.
However, financing a business can be a minefield for
the unwary. Which is why this issue features advice
from financial experts from the franchise industry to
help you secure the right deal.
Elsewhere, Lisa Law of Snap-on Tools busts some
myths about van-based franchises, Michael Bohan
explains the pros and cons of buying an already
established franchise and, continuing our finance
theme, we’ve news of a new £50 million lending fund
for the sector.
Jeff James
Editor
What
Franchise
[
CONTENTS
]
COVER STORIES
6
HIT THE HIGH ROAD
Common myths about van-based
franchising
8
FUNDING YOUR FUTURE
Expert advice on how to secure the
right deal
10
READY TO ROLL
The pros and cons of buying a
franchise resale
11
SHOUT ABOUT IT
How PR can get your brand noticed
12
TALKING SHOP
The benefits of a retail franchise over
starting from scratch
14
TRAIN TO GAIN
Training and support is the bedrock
of success
19
GOT WHAT IT TAKES?
The skills you’ll need to become a
successful franchisee
30
PROVEN PROFIT POTENTIAL
Joscocare founder offers franchisees
three tried and tested revenue
streams
20
SCOTTISH FRANCHISE WEEK
Josh Littlejohn looks set to inspire
at the British Franchise Association
event
21
CREDIT WHERE IT’S DUE
Franchise Finance has announced a
new £50 million lending fund for the
industry
FRANCHISE
OPPORTUNITIES
26
GROWING PLACES
Working mum Jo Bennett invested in
a Dublcheck franchise in 2009
32
KEEPING BUGS AT BAY
Techclean’s office equipment
cleaning service has never been in
greater demand
40
SPOTLIGHT ON SPONSORS
Some of the biggest names in the
business support the NatWest
Encouraging Women into Franchising
awards
44
PLAYING TO ITS STRENGTHS
Why you should invest in a Belle
Casa domestic cleaning franchise
49
ATTRACTIVE ALTERNATIVE
Take control of your career with a
SUBWAY franchise
51
AN AUTHENTIC CUT ABOVE
Everyman Barbers offers a
management franchise in a fast
growing part of the hair care industry
55
ActionCOACH BLOCKBUSTER
Special profile of the fast growing
franchise
67
BRIGHT FUTURE
There’s never been a more exciting
time to join Signarama
68
ENTICING OPPORTUNITY
There’s no limit to what you can
achieve with Select Appointments
72
HUNGRY FOR MORE
Papa John’s franchisee Manj Bath
engineered a career change in
Coventry
What
Franchise
www.what-franchise.com
twitter: @businessden
EDITORIAL
EDITOR
Jeff James
ASSISTANT EDITORS
Catherine Eade, Louise Ramsay
DESIGN
ART DIRECTOR
Lee Whiteford
lwhiteford@btconnect.com
DESIGNERS
Steve Streeting, Lee Francis,
Hayley Underwood, Ben Kemp &
Sarah Hilder
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& REPROGRAPHIC
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Road, Colchester, Essex CO2 8JY.
PRINTED IN ENGLAND
NEWSTRADE SALES
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NEXT ISSUE ON SALE
July 14
© Aceville Publications Ltd
No part of this publication may be
copied, broadcast, interpreted, or
stored, in any form, for any purpose,
without the written permission of
the publisher.
Every effort is made to ensure the
veracity and integrity of the companies,
persons, products and services
mentioned in this publication, and
details given are believed accurate at
the time of going to press. However,
no responsibility or liability whatsoever
can be accepted for any consequence
or repercussion of responding to any
information or advice given or inferred.
ABC certified circulation:
13,422 January 1, 2016-
December 31, 2016.
ADVERTISING
ADVERTISEMENT DIRECTOR
Mark Forsyth
GROUP ADVERTISEMENT
MANAGER
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E-mail: richard@partridgeltd.co.uk
ASSISTANT ADVERTISEMENT
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CREDIT CONTROL
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ADVICE AND
INSIGHT
12
TALKING SHOP
Why you should consider buying a
retail franchise instead of starting
from scratch
16
ROLLING BREAK CLAUSES
The problems and solutions for
premises-based franchisees
08
Published by Aceville Publications Ltd
The Boatshed, Sovereign Harbour, Eastbourne,
East Sussex, BN23 6JH. Printed in England © Aceville Publications Ltd
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