Page 23 - UK Business Doctors FIM
P. 23
Advantages for Franchise Owners
With a Business Doctors Franchise it is possible to run your own business, yet share in many of the advantages and economies enjoyed by a larger company.
You stand to financially benefit from a share of the £10.3 billion spent on consulting services.
Every entrepreneur makes mistakes in the early years of a new business. Some mistakes are trivial, some are potentially fatal to the business. Most are avoidable. The advantage of a Business Doctors Franchise is that methods for avoiding the “big” mistakes have been developed and built into the system. By following our business methodology, you increase the likelihood that your franchise business will succeed.
Recent BIS (UK Department for Business, Innovation and Skills, formerly the Dept for Trade and Industry) figures suggest that 10 to 20% of all new business start-ups fail within the first year and 50% fail within the first three years.
At the outset, Business Doctors Franchise Owners may lack certain skills or specialist knowledge in running the business. However, the initial training programme compensates for areas of relative inexperience. Further training, advice and guidance will also be provided on an ongoing basis.
The Franchisor has spent a considerable amount of time and effort refining the Business Doctors’ methods, processes and sales techniques. The benefit of this experience is available to Franchise Owners.
Marketing assistance is available to Business Doctors Franchise Owners to help them to run high-quality, business-generating local campaigns, at their own cost.
Where appropriate, new products and services will be made available throughout the Business Doctors Franchise network, providing further opportunities for growth.
Most of the large clearing banks have a Franchise Department and they have already looked at the Business Doctors Franchise business. Since the banks are already familiar with the concept, your finance application should take less time to be considered. We can also introduce you to an independent specialist Franchise Finance organisation that facilitates the funding process and fast tracks your applications across a variety of lenders.
Franchise Information Memorandum © 2020 Business Doctors Franchising Ltd. Revised 21/01/2020
PAGE 23