STAGES

If the idea of starting your own business through an impact franchise seems attractive then you need to make sure it is right for you. There is a lot of work you need to do before you become fully aware of what is involved and decide to go ahead or not and most importantly, part with any money.

Distilling advice from many quarters, the steps seem to be:

Preliminary Research
Contact Franchisor
Getting Advice
Business planning
Funding
Personal Reflection

These steps are detailed in the articles in this section. Whilst we cannot say if running a franchise is the correct thing for you, we do hope these articles help you think through the process you might need to take to reach a considered decision.

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BRITISH FRANCHISE ASSOCIATION

In 1977, the major franchise companies in the UK decided to set up their own association. The British Franchise Association (bfa), was formed to act in the interests of the industry as a whole in assessing and accrediting franchising companies as those which meet its criteria for the structure of the franchise business, the terms of the contract between franchisor and franchisee, the testing of the system and its success as a franchise.

On this site, we only feature franchisors who are either:

Full Members of the bfa
Full Members are established franchised businesses with a proven trading and franchising record. They are prepared to have their reputation examined by the bfa, and have an established network of franchisees.

or

Associate Members of the bfa
Associate Members have proven their ability to launch and support at least one franchised outlet for 12 months and are now in the business of building their network. There will be few franchisees whose experience you can research and a short period of time over which the business has been tested.