The …on a Shoestring series helps small business owners grow their business imaginatively, effectively and without spending a fortune. Aimed at entrepreneurs with plenty of vision and commitment but not a lot of cash, each book is packed with ideas that really work, real-life examples, step-by-step advice and sources of further information.
Franchising is a popular option for many people who want to run their own businesses. It’s a way of benefiting from the branding and reputation of an established enterprise and striking out on on your own at the same time. This book helps you to build a successful franchise, by:
- Working out if franchising would suit you (and your business)
- Investigating the pros and cons
- Working out the costs involved in a franchise
- Researching possible franchise options: what to look out for
- Finding a potential franchise
- Finding potential franchisees
- Vetting candidates if you’re franchising your business
- Investigating non-traditional options: social enterprises, workers’ co-operatives, employee-owned businesses and charities
- Understanding the importance of the franchise agreement
- Knowing what to do if things go wrong
