Tag Archive: franchise business

Business Meeting

The Must Ask Questions for Franchisees

November 2, 2017 5:11 pm Published by

If you’re ready to purchase a franchise or if you’re meeting up with a potential franchisor be sure to read up on our last post about ‘What to Ask a Franchisor’? Click here to catch up. Before committing to a franchise, it would be a good idea to consider these additional questions to find out if the business is right for you. Ask these at your next meeting: What kind of profits would I make? A franchisor will be able to share with you their projections for profit. However, you must complete a business plan and take advice from your accountants. Will I have any additional start-up costs? You may already understand the investment requirements for your chosen franchise, it’s... View Article

Business Considerations

Working In The Care Sector: The Facts You Should Consider

September 15, 2017 5:37 pm Published by

Being a part of a home care agency and owning a franchise is not only a job for someone who feels passionate about the industry, it’s quickly becoming a requirement in the UK! In fact, did you know that by 2025 it is estimated that the need for care workers will have almost doubled to 2 million people?   The UK is currently served by 685,000 home care workers and 53% of them are part-time. Unfortunately, it’s not enough! There is an unmet need for care with 30% of women and 22% of men over the age of 65 in need of help carrying out daily activities who don’t receive the help they need.   As more and more people are... View Article

Business Owner

4 Skills You Need Before Opening A Business

September 13, 2017 8:37 pm Published by

Opening a business or purchasing a franchise can have its own challenges, make sure you have these key skills mastered: Communication: Whether you’re writing a business plan in preparation to talk to a bank manager, or you’re about to meet with franchisors you’ll need to be able to master your communication skills. Later down the line, you’ll need to communicate verbally and written to suppliers, employees, and colleagues so now is the time to perfect it. Project Management: Not only will you need to manage the launch of your business idea or franchise, but you’ll also need to be able to project manage your timeline, budget, staff and more. If project management isn’t one of your top skills, consider taking... View Article

Writing notes

What To Consider: Choosing A Franchise

August 15, 2017 3:15 pm Published by

You might already have chosen your franchise, or perhaps you’re just starting off on this journey, whatever stage you’re at this decision should not be made on a whim and you should carefully consider all of your options before making any big decisions. First and foremost, start by crafting a list to include the following; –      What are your interests? Think about the things you love, the things you’re passionate about! A franchise will become your business; use this opportunity to chose something you want to do for yourself and your future. –      Think about your budget! How much do you have and want to invest in the franchise? Include start-up costs in your budgeting so you’re well prepared for conversations with... View Article

Franchise Business

3 Reasons Why You Should Own A Franchise Business

July 23, 2017 8:40 pm Published by

Starting your own business can be hard! In today’s world, entrepreneurs are struggling to balance work life, family, social and other commitments. Throw in a new business, finding clients, building a website, and then managing your projects and it can become quite overwhelming! Enter franchising! Picking a franchising opportunity can give you both the financial stability you want from life, the desire to own and run your own business whilst also offering lots of other perks such as support from the parent company. Here are our top three reasons why you should consider owning a franchise business: 1. Quicker (and often better) Success Rates. A franchise business will have spent years perfecting how they do business. They will have made all... View Article

geotargeting

10 Things to Consider When Choosing a Location for Your Business

June 8, 2017 1:11 pm Published by

Before you start shopping for business space, you need to have a clear picture of what you must have, what you’d like to have, what you absolutely won’t tolerate and how much you’re able to pay. Developing that picture can be a time-consuming process that’s both exciting and tedious, but it’s essential you give it the attention it deserves. While many startup mistakes can be corrected later on, a poor choice of location is sometimes impossible to repair. Be systematic and realistic as you consider the following 10 location points. 1. Style of operation. Is your operation going to be formal and elegant? Or kicked-back and casual? Your location should be consistent with your particular style and image. If your... View Article

business-plan

A Guide to Preparing a Business Plan

May 31, 2017 11:09 am Published by

Your Business Plan is the ‘sales document’ for you and your business. It’s preparation and presentation should project the image you want for your business. Its content should be clear, concise, to the point and divided into logical sections. As a guideline, your plan should structure broadly as follows: 1. Introduction Describe the purpose of your Business, briefly outline the concept. Include YOUR overall business objectives. Decide on the ‘legal status’ of your business – sole trader, partnership, limited company or co-operative? All have benefits and shortcomings. Find out which is right for your situation. 2. The Product or Service Describe precisely the product or service that your business will offer. Include any relevant history of the product or service... View Article

daw

Dementia Awareness Film Success

May 22, 2017 11:11 am Published by

To mark Dementia Awareness Week 2017 (15th May-21st May), Home Care Preferred have pledged to raise awareness regarding the condition. With the help of local production house Crooked House Films and two talented school children from Eversley Primary School, we have created a short educational film shedding light on the common misconceptions about dementia and pointing people to where they can find support and more information. The film went live on Monday evening (15th May) and received over 10,000 hits on Facebook in the first 24 hours! Dementia is a condition close to our hearts. Every day we support individuals and families who are living with the condition and many members of the Home Care Preferred team have also been touched... View Article