Nick Strong Articles
Points to consider for International Franchise Expansion - Click To Read Article
Expanding an already successful franchise overseas can be a great way to develop an already successful national franchise. However, careful consideration must be given to ensure your franchise is ready and prepared for unfamiliar markets.
Why not become a Master Franchisee - Click To Read Article
Buying a Master Franchise license offers the license holder the opportunity to build their own franchise business network in their own country or region. This type of franchise development can be cheaper than buying one fast food franchise outlet. So, could Master Franchise business development be right for you?
What makes a good franchisee? - Click To Read Article
Considering franchising as a route to self employment? Not everyone is cut out to be a successful franchisee. Nick looks at what qualities make a good franchisee and what don't. Don't miss this essential franchise reading material if you are seriously considering buying into a franchise in the near future...
What is a franchise? - Click To Read Article
Business format franchising in a nutshell is the documenting and replication of a proven business formula. In order to franchise a business it must not only be successful but have a good trading history under its belt...
Unemployment and franchising - Click To Read Article
Nick Strong investigates how the franchise community is managing to deal with an economy that is forcing unemployment and reducing access to business development liquidity.
Top tips to buy a franchise - Click To Read Article
Nick Strong and Richard Holden, head of franchising for Lloyds TSB bank, look at some top tips for you to consider when you decide to buy a franchise in the UK.
Tips on writing a Franchise Business Plan - Click To Read Article
Over 90% of franchisees in the UK run profitable businesses according to the annual national survey carried out by the British Franchise Association, so its easy to see why many of the well know high street banks have confidence in new franchise businesses. Furthermore, the banks are making much use of the Enterprise Finance Guarantee Scheme.
Things to consider when becoming a Master Franchisee - Click To Read Article
Master Franchise development can be a good way to develop your business. So what do you need to consider before investing capital, effort and the years ahead into business development via the master franchise route.
The UK Governments Promotion of Franchising - Click To Read Article
Franchising now contributes over £9 Billion to the UK Economy and over 90% of franchise businesses are profitable. It is now time for the Government to bring on bespoke solutions to promote and support franchise development in the UK?
The positive message of franchising in a slow economy - Click To Read Article
Don't be negative about franchising when the economy is slow. Be positive about franchising. In the UK over 90% of franchisees trade profitably and GDP has risen by a factor of ten over the past twenty years.
The Franchise Business Plan - Click To Read Article
What to consider when raising funding to buy your chosen franchise.
Raising Finance to buy a Franchise - Click To Read Article
How approachable are banks when it comes to raising capital to buy a franchise?
Is franchising right for me? - Click To Read Article
Franchise business offers a more secure route into self employment than going it alone. Over 90% of UK franchise owners run profitable businesses according to the British Franchise Association/Nat West National Franchise survey. By following the proven franchise model the local franchise owner can build his own successful business in the UK. Nick Strong of Select Your Franchise and Richard Holden of Lloyds TSB give insights to prospective franchise owners.
How to Franchise your Business - Click To Read Article
Many business owners that have proven their business to be stable and profitable over a considerable period of time are thinking about unit and geographical expansion though out the UK. However, the cost of such development can be too great for most small businesses. Franchising offers a possible route to national expansion at a much reduced cost.
Franchisee Profile Who should and should not buy a franchise - Click To Read Article
Are you entrepreneurial? If so think twice about buying a franchise. So who should buy a franchise and what are the benefits for the right type of people?
Franchise development in 2009 - Click To Read Article
Franchise business can grow in recession. Nick Strong looks at some of the ways franchising can grow in 2009.
Franchise your business - Click To Read Article
Do you run a successful business? Could it be expanded nationally via franchising? We look here at some Q & A’s you need to consider before taking action.
Franchisee performance - Click To Read Article
High performing franchisees are vital to the franchisors success. Franchisors need to operate effective support systems to minimise poor network performance.
Franchises for a slow economy - Click To Read Article
How to buy a franchise in a slow economy is an important consideration at times of economic slowdown. However the focus of your franchise business building should encompass short, medium and long term development considerations. Nick Strong MD of www.selectyourfranchise.com looks at how to buy a franchise in a slow economy.
Franchise offers business opportunities in recession - Click To Read Article
As the recession bites, many large chain businesses are focussing a fresh at business format franchising. Franchise ownership offers large chain corporate businesses many potential advantages. In this article Nick Strong looks at some recent activity in the market place.
Franchise growth in times of recession - Click To Read Article
Remarkably franchise networks often grow in times of recession. Nick Strong, MD of www.selectyourfranchise.com looks at the reasons why and what action franchisors should be taking to get ready for network growth.
Franchise Blog - Click To Read Article
How the UK franchise sector is being affected by the economic slowdown
Franchise lead handling - Click To Read Article
Franchise sales managers need to help e right people find the right franchise opportunity for mutual benefits to be reolised.
Franchise Recruitment Budget planning - Click To Read Article
When planning your franchise recruitment it is vital to be able to measure your return on investment. Sarah Dyer and Nick Strong investigate ways of measuring your franchise recruitment budget.
Franchise Marketing - Click To Read Article
Nick Strong and Dee Blick take a look at franchisee marketing and aske - What is marketing? Where do I start? What kind of franchise marketing activity should I consider? How can I appraise my marketing? What do I want to achieve? and how do I get maximum impact?
Franchise system empowerment to social enterprise - Click To Read Article
By definition a social entrepreneur is keen to make a social benefit out of profitable business trading. The key aspects to successful social enterprise are to provide valuable services that are affordable, provide quality jobs in a well managed and profitable manor.
Franchise My Business UK - Click To Read Article
You have a successful business and wonder how to expand it and make the most of your winning idea and business model. This article looks at if franchise might be a viable way forward to expand and grow your business and the basic steps to go about franchising your business.
Export your franchise to Australia - Click To Read Article
Australia has more franchises per capita than any other country in the world. There are over 960 systems that produce an impression 14% of Australia's GDP. That is the equivalent of £40 Billion in sales which makes the market four times larger than the UK's.
Effective franchise marketing - Click To Read Article
Marketing development strategies for franchise systems.
Deciding if a Franchise is Right for You - Click To Read Article
In these times of financial difficulty people are considering their path into the future. Alot of people are driven by the impulses of ambition, redundancy or even preparation for retirement and contemplating self employment through franchising as a potential way forward. Without a doubt self employment through franchising is not right for everyone.
Buying an Automotive Franchise - Click To Read Article
What to look out for when buying an Automotive Franchise
Buying a franchise what to consider - Click To Read Article
There is more to making a decision to buy a franchise than to evaluate the proposition. Considerations on how to manage the options available to you.
Buying a franchise during recession - Click To Read Article
In this article Nick Strong looks at the dinamic of franchise purcvhasing and recruitment during times of economic growth and during the downturn. Nick explores how, even in times of economic challenge, business format franching can offer benefits to both franchior and people buying a franchise.
Beauty Franchises in the UK - Click To Read Article
Beauty Franchise Opportunities for options in the UK
Beat the Recession with a Retail Franchise - Click To Read Article
In the light of the existing recession here are some good points and bad points of opening a franchise in the retail sector. A main advantage of starting a retail franchise in the current climate is the reduction of commercial lease pricing...
10 things to discover before buying your franchise - Click To Read Article
So you want to go into business via the franchise route but what should you ask the franchisor before committing to the contract.
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