Post On : Wednesday, October 25th, 2017
    Almost without exception, any action you perform is motivated by something. It may be something as simple as popping some bread in the toaster to satisfy your hunger, or perhaps saving up to buy that dream car you’ve always wanted. Motivation has been defined as ‘a reason or reasons to act or accomplish […]
Post On : Tuesday, March 21st, 2017
Would you pay your employees’ salaries 5 years in advance? Of course not, so why pay the total value of an asset in this way?Why might you decide to lease a van? It’s considered a great way to obtain a van without the expensive initial cash outlay. Agreements are typically over 5 years, with the […]
Post On : Wednesday, January 18th, 2017
A dedicated £50 million fund has been launched this month for existing and prospective franchisees, looking to develop their franchise businesses or expand into new territories.Finance is available for amounts between £5,000 and £500,000 at competitive rates, with repayment periods of up to five years and credit decisions typically conveyed within 48 hours of receipt […]
Post On : Wednesday, January 4th, 2017
The foundation of any successful funding application for a new start franchise business is a Business Plan that focuses on both the non-financial and financial aspects of the business. When preparing a Business Plan to present to the Bank, you will need to understand two crucial elements:How much you will be able to borrow from the […]
Post On :
Who wants to operate a loss-making business? No one. We must keep in mind that businesses go bust when they run out of money. Want to know how to avoid this happening to your business? You’re in the right place!Let’s say a franchise supplies goods on 30 days’ credit. Late one Friday afternoon they make […]
Post On : Thursday, December 22nd, 2016
To you, what is training? A cost, time away from the business that you can’t afford or an investment for the future? The evidence points to the latter. Whilst reviewing feedback received by the Business Training Academy in 2016, I can say with confidence that the attendees on our courses and workshops certainly gained from […]
Post On : Thursday, December 1st, 2016
Some Van based Franchises miss out on the positive effects associated with having a uniformed ‘family look’ across their business. Instead opting to allow each franchisee to source their own vehicle, vehicle graphics and any internal fit-out requirements.This ‘source your own’ approach may on the surface seem easier, but in fact results in missing a […]
Post On : Friday, November 18th, 2016
From ensuring you’re not seen as integral to the franchise’s success to being able to demonstrate profitability, these are the things you must do in the run-up to a saleIf you invest in a franchise business and work hard to build its size and profitability it stands to reason that unless you want to pass […]
Post On : Tuesday, October 11th, 2016
It is not uncommon for a new prospective franchisee, with just enough cash, to decide to use their own money and not borrow to buy their new franchise. This may be because they don’t want to pay fees and interest, because they don’t think the banks are lending (believe me they are, when there is […]
Post On : Monday, October 10th, 2016
Franchise Finance was founded in 1979 and today is recognised as one of the foremost providers of finance to the franchise industry. Franchise Finance work with a wide range of reputable franchisors to provide finance and related services to their franchisees.The organisation recently engaged with London & Zurich and recommends its direct debit collection facility to […]