Incergo’s Post

Franchising in the UK is on the rise. In the past decade, personal services franchises have doubled, while hotel and catering franchises have seen a 55% increase. Together, they now represent 60% of the industry in terms of units. #UKFranchising #IndustryGrowth #BusinessExpansion

Franchising is booming in the UK. Over the last decade, personal services franchises have doubled, and hotel and catering franchises have surged by 55%, now comprising 60% of the industry's units. #UKFranchising #BusinessGrowth #IndustryTrends

Franchise Business Risk Any franchise business that sends workers into private homes (and any other franchise also) is at risk of brand damage if not prepared for media and public scrutiny. This can and does cripple bottom lines. See my article in Business Franchise Australia and New Zealand for how to be ready. #Franchising

The size of franchising in the UK is increasing. Over the last decade, personal services franchises have doubled, and hotel/catering franchises increased by 55%. Together, they now make up 60% of the industry in terms of units. #FranchiseGrowth #BusinessExpansion #IndustryTrends

Someone recently discouraged me from franchising Clean Spaces. I ruminated on their opinion about business’ selling franchises versus not doing what they sell. Let me use myself as an example. If I was presently selling franchises then I wouldn’t be selling residential cleaning I’d be selling franchises. Do you see what they were communicating? I understand, but the eternal optimist in me thinks Clean Spaces could be different. I know when you dive into the world of franchising that Quality Control can take a hit, but isn’t it possible for an international company to produce an incredible product or service if headquarters is led well? #francising #qualitycontrol

Do you think all franchises are created equal? Think again! In this new series, I dive into the misconceptions many people have about franchising. Drawing from my extensive experience in franchising and my time within the FranChoice network, I reveal the critical aspects you should consider when evaluating a franchise. Check out episode 1 here: https://lnkd.in/e2phspna #Franchise #Misconceptions #Franchising

WHAT IS A REGISTRATION STATE? In franchising, every franchisor is required to have an up to date FDD (Franchise Disclosure Document). This is a document that outlays the terms of the agreement between franchisors and franchisees. Some states require additional registration requirements before franchisors are legally allowed to award franchises. Those states are: California  Hawaii  Illinois  Indiana Maryland  Michigan  Minnesota  New York  North Dakota  Rhode Island  Virginia  Washington  Wisconsin If you are interested in buying a franchise in one of these states and can't get the franchisor to give you more information, it may not be because they don't want to, but rather because they can't. For example, The Helms Group has seen companies file for registration in California in April and not be approved until the middle of Q4. As consultants, we help our clients navigate through these sometimes difficult challenges to get our clients to where they ultimately want to be. Of course there are a lot of other things that you should know as you start your journey into entrepreneurship and we can help. Click the link below to get started: https://lnkd.in/gdxVpyaC    #franchisefriday  #buyabusiness   #franchising  #discoverfranchises   #beyourownboss #timeforachange

Franchising allows you to operate a business under the established brand, systems, and support of a franchisor. Learn more about the franchise business model, its pros and cons, and what makes franchises such profitable business opportunities. https://bit.ly/3WlCn97 #Franchise #BusinessModel #Bathtuneup

Do you think all franchises are created equal? Think again! In this new series, I dive into the misconceptions many people have about franchising. Drawing from my extensive experience in franchising and my time within the FranChoice network, I reveal the critical aspects you should consider when evaluating a franchise. Check out episode 1 here: https://lnkd.in/e2KetiHc #Franchise #Misconceptions #Franchising

Have you considered opening a franchise? Franchises provide security and brand awareness to those looking to run their own business. However, understanding your legal obligations and the costs you are taking on before signing up is vital. Read more: https://bit.ly/3VLKATd #Franchise #BusinessOwner