The team help me go it alone
?
WHEN John Bassett 投資するd £40,000 in his first pub franchise, he was 確信して about his 関係 with the franchisor, Mitchells & Butlers. He had good 推論する/理由 - he had worked for the group as a 経営者/支配人 for 14 years.
![John Bassett](http://img.thisismoney.co.uk/i/pix/2006/07/jbassett210706_100
x110.jpg)
John, 37, took over the Queen's 丸天井s pub 近づく the Millennium Stadium in Cardiff as a franchise in September 2003 and his 投資 showed a 利益(をあげる) within 12 weeks. He now has three more pubs in Newport, Bristol and London.
'I needed all the experience I'd 伸び(る)d as a 経営者/支配人 to do this,' he says. 'I have a good 関係 with M&B, but no longer have to answer to an area 経営者/支配人, though I still get all the 利益s of running a managed house. You could call it 存在 'inntre-伴う/関わるd-preneurial' - I have the support of the group, but still get to use my own flair.'
With 投資s running into tens and often hundreds of thousands of 続けざまに猛撃するs, franchisees must have the 信用/信任 that their franchisor can be 信用d.
Wherever people are 用意が出来ている to part with such large sums of money, there will always be some cowboys. But the franchising 産業 has been やめる successful at shedding its spivvy image, with banks and the British Franchise 協会 発揮するing their 影響(力) to sideline いっそう少なく reputable 操作者s. The BFA 見積(る)s that its members and (v)提携させる(n)支部,加入者s 代表する about 65% of the 産業.
The BFA's Dan Archer 主張するs that the organisation is 徹底的な in its vetting of members. 'We look at the directors and 確実にする that the franchisor is 倫理的な and operates in 一致 with our code of practice,' he says. Along with the BFA, banks 非公式に police the 産業 as they will usually 辞退する to lend money for 投資 in unknown or new franchises.
This is Money's 商業の partners 申し込む/申し出 a wide 範囲 of services expressly for 商売/仕事. Read how to find your ideal 商業の mortgages, 貸付金s, 保険, 賃貸し(する)ing, invoicing facto
Richard Holden, 長,率いる of franchising at Lloyds TSB, 示唆する s that 見込みのある franchisees should make 十分な use of banking franchise 部隊s and 協議する specialist accountants and solicitors to 確実にする they are making the 権利 決定/判定勝ち(する). He says: 'Banks with 献身的な franchise 部隊s have databases of franchises and 評価する their 操作/手術s. We are ありそうもない to lend as much to a いっそう少なく-設立するd franchise as to a 十分な BFA member.'
But 専門家s say that 責任/義務 最終的に lies with franchisees to check that they are happy with the 詳細(に述べる)s of their 協定 before 調印 and parting with cash.
While becoming a franchise may 許す you to be your own boss, you are still 責任のある to the franchisor. You must run the 商売/仕事 によれば the 初めの 契約.
ツバメ Mendelsohn, chairman of lawyer Eversheds' franchising group, says: 'The 協定 can appear onesided to a franchisee, but a franchisor has to 保護する its 価値のある 資産s. A 契約 should compare with what the franchisee has been told and seen in 宣伝の 構成要素. 接触する a BFA-(v)提携させる(n)支部,加入者d solicitor who will know what is ありふれた practice.'
Most watched Money ビデオs
- Land Rover 明かす newest all-electric 範囲 Rover SUV
- C'est magnifique! French sportscar company Alpine 明かすs A290 car
- Incredibly rare MG Metro 6R4 決起大会/結集させる car sells for a 記録,記録的な/記録する £425,500
- Introducing Britain's new sports car: The electric buggy Callum Skye
- Kia's 372-mile compact electric SUV - and it could costs under £30k
- (映画の)フィート数 of the Peugeot fastback all-electric e-3008 範囲
- 最高の,を越す Gear takes Jamiroquai's lead singer's Lamborghini for a spin
- 小型の Cooper SE: The British icon gets an all-electric makeover
- Leapmotor T03 is 始める,決める to become Britain's cheapest EV from 2025
- Polestar 現在のs exciting new eco-friendly 高級な electric SUV
- 273 mph hypercar becomes world's fastest electric 乗り物
- Tesla 明かすs new Model 3 業績/成果 - it's the fastest ever!
-
'It's never too late to make (another) million!' says car...
-
創立者 of 航空宇宙学 科学(工学)技術 group Melrose 産業s...
-
RUTH SUNDERLAND: 労働 will 税金 middle class
-
Parisian fashion brand with dresses flaunted by Pippa...
-
British 製造業者s' 信用/信任 at highest level in a...
-
HMRC won't stop sending 刑罰,罰則 notices to my...
-
I'm nearly 90, 価値(がある) more than £200 million and still...
-
How much does it really cost to retire to Spain?...
-
CITY WHISPERS: Londoners prefer posh to poundstretching...
-
利益/興味 率 削減(する) hopes scuppered by snap 総選挙
-
利益(をあげる)s at Berkeley Group 推定する/予想するd to dive by almost a...
-
How to cash in if Starmer gets the 重要なs to No 10: JEFF...
-
MIDAS SHARE TIPS: World-主要な 科学(工学)技術 could 証明する as...
-
MIDAS SHARE TIPS: Chris Hill goes from pub chef to coding...
-
As Woodsmith 地雷 is mothballed, 職業 losses will have a...
-
Hargreaves Lansdown 創立者s 持つ/拘留する 重要なs in £4.7bn 引き継ぎ/買収...
-
US 在庫/株s are intelligent 選択, says HAMISH MCRAE
-
TSB やめるs City base as staff 主張する on working at home