Page 8 - UK Business Doctors FIM
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FINANCING
As the Business Doctors Franchise has a proven busi- ness format with Head Office support, a lender is likely to look upon an application for financial assis- tance much more favourably than if you were seeking to establish a similar type of business on your own. Most of the major banks have a Franchise Depart- ment to which a copy of this document has been sent and they will be familiar with the opportunity. Should you be fortunate enough to have built up a pension fund, you may also be eligible for a HMRC approved scheme that enables you to invest a proportion of this in your new business. We also work closely with specialist Franchise Finance organisations which can provide independent advice on how best to finance your new business.
THE POWER OF THE NETWORK
The power of the franchise network lies in its dyna- mism. As every member of the Business Doctors net- work is the owner of his or her own business, every- one has a personal stake in the success of the Busi- ness Doctors brand.
Every Franchise Owner brings a unique set of skills, experiences and abilities to the system. With strong local and regional operations—backed by a strong national team—franchise networks are more agile, motivated, responsive and more able to offer a more compelling and competitive service.
THE MARKETPLACE
The UK consulting market is the largest in the world outside the USA, with an estimated current value of £10.3bn. Looking ahead, the UK Management Consul- tancies Association (MCA) believes the UK consulting industry will remain buoyant, with growth rates of between 8% to 10% forecasted up to 2018. In an industry survey, they reported a 6% growth in income for small consulting firms of up to 100 staff mem- bers—some way beyond growth levels across the economy as a whole. The firms with the most diverse portfolio of services enjoyed the largest share of recorded management consulting fee income.
What’s more, Strategy Consulting, Business Doctors’
core service, is the consultancy service most in de- mand during and after economic recovery, as compa- nies turn their attention from survival to future growth.
Recognising the potential of business support ser- vices to boost SME growth—and with it the econo- my—regional, national and European governmental bodies are actively supporting our sector with a wealth of funding programmes. These programmes may be accessed by Business Doctors Franchise Own- ers for the benefit of their clients and their own busi- ness.
With a wide selection of popular services, a pool of around 5 million small and medium enterprises, and with high esteem and fast-growing demand, the mar- ket is ripe for Business Doctors.
We firmly believe that through giving talented indi- viduals the opportunity to own their own business while enjoying the ongoing support of a growing national brand, Business Doctors stands to become the pre-eminent strategic business partner of SMEs across the UK.
COMPETITION
Whilst there is local, regional and national competi- tion for the individual services offered by Business Doctors, our offering is unique in the marketplace for three specific reasons.
1. We adopt a holistic approach to business sup- port, and are therefore able to provide large- scale as well as specific solutions for sustainable business growth.
2. We are not consultants advocating theories. We are seasoned business professionals offering practical business solutions.
3. We are our clients’ advocates and we offer inval- uable mentoring; however, we are much more than business coaches. We are Business Doc- tors.
We are aware of other franchised businesses that provide services to SMEs. Yet despite the relative strengths of each, none offer Business Doctors’ dis- tinctive and powerfully attractive approach.
Franchise Information Memorandum © 2020 Business Doctors Franchising Ltd. Revised 21/01/2020
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