Sole trader Being a sole trader is the simplest way to run a business – it does not involve paying any registration fees, keeping records and accounts is straightforward, and you get to keep all the profits. However, you are personally liable for any debts that your business runs up, which make this a risky [...]

For a business to be considered to be a offering a genuine franchise opportunity it has to meet the criteria of being a genuine Business Format Franchise. The following defines the characteristics of such a business. The Franchisor should have registered, protected and secured the Intellectual Property Rights in relation to their brand. This, then [...]

The future of franchising is looking bright: Figures in the last full year reported that 10.5% of all businesses with paid employees were franchises, the latest data, and that they grew further and generated a staggering annual sales. Where is franchising headed next? We’ve identified 10 categories as the industries to watch in 2011. Whether they’re [...]

So you have decided that you would like to own your own care franchise Congratulations! Done correctly, it can be both heartwarming and financially rewarding. Companions play a crucial role in improving the quality of life for those who are not chronically ill, yet require some type of supervision and assistance. The recent census reports [...]

There are many advantages to franchising an idea. You can increase your client base and profits without the need to acquire more investment capital. Starting a franchise is a great way to share your ideas and gain popularity and a positive reputation in communities other than your own. There are certain steps you must follow [...]

There are a few issues to consider when you want to acquire a cheap franchise; sometimes the cheapest isn’t necessarily the best value. If you don’t consider some important issues that you may run into when buying a cheap franchise, you may still be wasting your money, even on the cheapest of franchises. Attaining a [...]