Many people have aspirations of franchising their business but have absolutely no idea at all of the reality of doing so.

 Some people have franchised their business but are not calling it a franchise when legally they should. They think they can choose how to categorise their business, whereas the reality is that franchising is a highly regulated industry. If a business falls within the technical definition of a franchised business, one cannot choose to call it anything else and therefore all franchising procedures should be implemented. Read the rest of this entry »

Franchising, when executed properly, can be the most powerful method of building a business empire. It is a perfect example of the power of leverage.

Every franchisee is a self employed person in their own right. Every franchisee, as a small business person, is equally motivated to succeed in their own business within the franchise system. The Franchisor has created a win-win situation!

A business that franchises should ideally be driven by a desire and a need to service clients.  Read the rest of this entry »

 I’ve posted a blog asking for Franchisor Feedback on the biggest daily challenges they face in Franchising.

Being a consultant to both Franchisors and Franchisees I certainly see both sides of the coin.

I have become passionate about making sure that only people really suited to franchising, proceed with the process. I have seen so many unhappy franchisees who are in, to put it bluntly, rotten franchise systems, where the only thing the Franchisor cares about is lining their own pocket.

Franchising should be so much more, and this is why Read the rest of this entry »

As an ex-franchisor myself, I recognise that being a Franchisor can sometimes be a lonely place.

Not all Franchisors have Franchise consultants on hand who understand their day to day challenges. Accountants are great business advisers when it comes to figures and general business matters – but let’s face it, most Franchisor headaches result from Franchisor / Franchisee relationships, and I don’t think Accountants usually have the answers to those sorts of issues.

I’m really interested to hear back from Franchisors about the day to day challenges you have in running your business. Read the rest of this entry »

Any person thinking that they can get into Franchising as a way of exiting business and having complete passive income should think again.

This rule applies to both potential Franchisors and Franchisees alike.

Some potential franchisees imagine that because they are buying into an established, systemised business, that their business will thrive with little effort from them personally. Conversely, they believe that as they will have huge support from The Franchisor it will result in less personal effort. It doesn’t quite work this way.

Every business needs input and effort. Read the rest of this entry »

Some of the best “franchise-able” businesses I have come across have been businesses with relatively low turnovers but high profit margins. 

Some businesses I am approached by have been turning over large sums of money.

However, when we stop to have a look at some of these businesses in detail we find that their processes are extremely complex with a high level of skill/training and expertise needed.

This immediately reduces their “franchise-ability” potential. Read the rest of this entry »

Franchising can be a risky game, but the real risk is on the part of The Franchisee who sometimes puts their house on the line to buy into a franchise.

It is absolutely essential that potential franchisees Read the rest of this entry »

Carolyn Dufton

The world of franchising is never dull that’s for sure!

I get to deal with existing franchisors, potential franchisors, existing franchisees and potential franchisees, so I see it all from both sides.

Consulting can be Read the rest of this entry »