New Topic

Franchises

  • 15 October at 17:24 - by candycarrots - 526 views

Share:

I am thinking of investing in a franchise for my new business venture.  £8k to buy in and they give you all the marketing material, ongoing training etc.  Any experience on here?

7 Answers

I have been a franchisee for many years.  We bought into a company back in 2004. Its actually a dog kennels and walking company.  We have never looked back because they have supported us all the way. We are by no means millionaires but we do have a small business which is more than rewarding to run.  I recommend, depending on the business you are looking at.

16 October at 15:17 - by alanwesten

I agree, it depends what it is.  I think restaurants you have to avoid but my friend has just started a baby massage business and she has done really well so far

16 October at 18:02 - by ardeebee

my friend has done the same and they are really supportive of her,  and she has lots of friends on social media so she has had a great start

17 October at 00:41 - by edwardLever

I invested in a franchise for parties but it was so much hard work as I still have a full time job that I gave it up and lost all my money

18 October at 09:22 - by Josh-1Carlson

yer but that's your fault though you can't turn round and say that it's a bad idea.  you get out what you put in

18 October at 23:58 - by neptune675

there are a lot out there, so make sure you make the right choice

19 October at 00:09 - by alanwesten

thanks all

22 October at 12:39 - by  candycarrots
Answer the question

Recent articles

Investments Overseas

Do you want to invest overseas? Investing overseas can provide investment opportunities not available in the U.K. However, if you want to discover if international investments are right for you, have a look at our guide and learn everything you should know about their risks and benefits. 


Effects of Brexit on Investment

How has Brexit impacted investors? Is it the right time to invest? Trying to predict which sectors will gain or lose is pointless. However, you can surely read this article and discover the consequences of Brexit on economy and investment.


Investing in Gold Bullion

Many people are thinking about gold bullion as an investment. However, learning how bullion investments works can be the difference between failure or success. Therefore, make sure you understand everything we explain in this article before making your investment.