FREE franchise support for entrepreneurs

If you are considering setting up a franchise, the Central London Enteprise Consortium can help.

Most people will be aware of famous franchises such as McDonald’s, Pizza Hut and Thorntons.

Franchising is the granting of a licence by one person (the franchisor) to another (the franchisee), which entitles the franchisee to trade under the name or trademark of the franchisor.

Some people prefer the idea of owning a franchise, because they do not need to come up with a business idea of their own. There are many other advantages associated with running a franchise business: they stay in business longer than any other business start-up with 88% remaining in business after eight years; and over 90% of them make a profit within five years*. The amount of money needed to start up a franchise business varies and can be as little as £10,000. Major banks readily provide finance for those wanting to start a franchise business because it is a proven business model. *British Franchise Association

What will you receive?

One of our business advisers will help you identify and set up a franchise that is suitable for you. The service includes:

Practical information about the different types of franchise
‘Hands on’ support on purchasing your franchise
Support with raising funds from banks (and other funding sources)
Legal support in buying the franchise
Mentoring

FREE franchising workshops

The Central London Enterprise Consortium, in association with the British Franchise Association, Exemplas and which franchise, are providing a series of FREE workshops for potential franchisees. Click here to find out more