When you start looking into buying a franchise, it’s important to work out your ROI. First you need to assess how much working capital you will need in advance of the business contributing. Then you calculate when you’re likely to break even. It’s never straightforward BUT there is a process to go through for a […]
Getting a return on your franchise investment: How long will it take?
Categorised in: Ask Nigel Posted: December 11, 2019
A recipe for franchisee success
Categorised in: Ask Nigel Posted: November 28, 2019
In 25 years of franchising, I’ve learnt that four key ingredients define a good franchisor: recruitment, support, communication and vision. Get these right and you have a recipe for success. Recruitment A franchise is only as good as its franchisees. And franchisees are only as good as the recruitment process. If a franchisee turns out […]
Recognition Express West Scotland sponsor the Scottish Women’s Football Awards
Categorised in: Recognition Express Posted: November 21, 2019
Owners of Recognition Express West Scotland Ciorsdan and Stephen Price are showing their support for women’s football by sponsoring the Scottish Women’s Football Awards for the second year running. The Prices, who own Recognition Express West Scotland based in Ayr, first supported the awards in 2018 after being approached by the organisers to provide medals […]
New franchisee joins Recognition Express
Categorised in: Recognition Express Posted: October 30, 2019
Market-leading corporate recognition products franchise, Recognition Express has added a new franchisee to its national network of independent business owners. Martin McClenaghan recently acquired Recognition Express North London, realising his dream of being his own boss through Recognition Express’s long-established franchise programme. Operating in a marketplace worth in excess of £3 billion, Martin, who has […]
A New Career With a Very Bright Future
Categorised in: techclean Posted: October 3, 2019
A Techclean franchise appeals to people at all stages of their careers and from a wide variety of backgrounds. The low cost, high profit opportunity can be run from home with the need for very little storage space. Meet three Techclean franchisees and read their stories. Cleaning Expert in new Direction “I was looking for […]
Franchising: Steering a safe course in choppy waters
Categorised in: Ask Nigel Posted: September 10, 2019
According to a report published by the Institute of Chartered Accountants in England and Wales (ICAEW) in June 2019, while ongoing Brexit uncertainty is weighing heavily on the minds of both consumers and businesses, it may not damage the UK economy as much as expected. Thanks to a combination of relaxed fiscal authority, slow but […]
Franchising – the perfect business model?
Categorised in: Ask Nigel Posted: September 1, 2019
The past 10 to 15 years have been characterised by huge change, in terms of economics, people migration, globalisation and culture. There is no sign of this abating, change is only likely to be more prevalent going forward. On the business front we have seen a growing ‘sophistication’ of the customer. Customers no longer defer […]
Brake competition helps schoolchildren ‘put road safety first’
Categorised in: Recognition Express Posted: August 25, 2019
Recognition Express is collaborating with national road safety charity Brake for the eleventh consecutive year to run a competition aligned with Road Safety Week (18-24 November). The UK’s leading supplier of promotional products, branded clothing and corporate merchandise is inviting primary schools to design banners conveying this year’s Road Safety Week theme: Step up for […]