Are you looking to buy a franchise? Perhaps you’ve recently been made redundant or you’re just tired of working for someone else? Franchising can offer a solution – by becoming a franchisee you can start your own business, with the support of a proven network.
In this section, we provide you with enough information to gain an understanding of the concept and benefits of investing in a franchise. As a result we point towards AFC products and services that are designed to help the prospective franchise investor make the right choice.
How does Franchising Work?
If you are unsure what franchising is and how it works, then pause for a moment and read our guide. On your journey into buying a franchise it is best to read and learn as much as you can in order to support your decision. This page will give you a good start in improving your knowledge and feeling confident that buying a franchise is a good choice for you.
Research the Franchise Market
Choosing the franchise that is right for you is an exciting time, but with so many franchises available, it can be hard work identifying the right opportunity for you. Franchise publications, websites and market research services offer a guiding light, presenting a wealth of information and guidance on the franchise opportunities available in the UK.
Some of the wording used in franchising can be baffling, so we have complied a Franchise Industry Terminology List.
Read our article about the franchise relationship dynamic and what you should look out for when researching a specific franchise.
As part of your research we highly recommend these franchise websites and publications.
Could you be a Franchisee? Take the Test!
Franchisees are expected to bring their full time and attention, experience, and abilities to the enterprise in order to make their franchise business and the franchise network succeed. Do you have what it takes to own a franchise? Why not take the test to see if you are suitable.
Franchise Matchmaking
Whatever your reason for considering franchising, with the assistance of the FranMatch team, you will be able to find an opportunity that will offer you the work/life balance you have always dreamed of. Find out more.
Own a Master Franchise
A Master or Regional Master Franchise opportunity provides a serious investor with the ambition to build a scalable business as a longer-term investment. You act to replicate the proven business model, including recruiting, training and developing your own franchisees.
Advice and Guidance to Buy a Franchise
Using decades of experience in the franchise industry, AFC has written definitive advice and guidance for prospective franchisees seeking to fully research franchise opportunities. Read these articles for key advice and guidance:
- The ‘why’?
- Could you own a franchise?
- How franchisees are selected
- 10 questions to ask a franchisor
- Things to consider when buying a franchise
Approved Providers to the Franchise Industry
AFC is very well connected within the franchise community – whether it is finance, accounting, insurance, territory mapping, trademarks, recruitment or banking – we work with, and highly recommend these franchise providers.
To find out how AFC can help you to buy a franchise, call 0330 016 0028, email enquiry@ashtonsfranchise.com or complete our online enquiry form.
Next, discover more about a free course that the BFA runs for prospective franchisees.