We have been welcomed as franchisors onto the FranchisingWorks programme this month along with 3 others, having all successfully passed through their rigorous approval process. Franchisees starting up a business with any of us and the other franchisors are now eligible for funding from their Licence Fund, which can lend up to £10,000 to unemployed candidates in Greater Manchester to purchase their franchise licence.
In order to be approved, we all had to undergo an audit of our franchisee network undertaken by the British Franchise Association (bfa), along with scrutiny of our franchise agreement, company accounts, franchisee projections, risk management and business model. We have received approval from both the bfa and from Franchising Works' independent Advisory Board of experts. They said "their success is a true testament to the viability and rigour of their franchise model; we congratulate them and welcome them happily on to the programme".
In order to be approved, we all had to undergo an audit of our franchisee network undertaken by the British Franchise Association (bfa), along with scrutiny of our franchise agreement, company accounts, franchisee projections, risk management and business model. We have received approval from both the bfa and from Franchising Works' independent Advisory Board of experts. They said "their success is a true testament to the viability and rigour of their franchise model; we congratulate them and welcome them happily on to the programme".
