Types of Franchise

Despite the common stereotype of a franchise as a fast food outlet, Franchises come in a variety of shapes, sizes and sectors!

Many people belive that franchising is limited to fast food chains and is a really expensive way to start a business. This is not entirely true, there are a huge variety of franchises available from Couriers to Cafes and Cleaners to Chocolateers!

Franchises don't always have to cost hundreds of thousands either, some part time franchises have a starting up cost of under £1,000!

Some examples of the types of Franchise available are listed below:

Investment Franchise
Fast Food & restaurant chains, and some hotels
Franchisee has overall control
Franchisee employs own senior management and staff

Executive Franchise
Provision of Professional service
Financial advice, legal services, recruitment assistances

Retail Franchise
Sells and displays goods approved by the franchisor
Franchisee has overall control
Franchisee employs own senior management and staff

Distribution Franchise
Franchisee operates from a depot or central office owned by the Franchisor
Franchisee has overall control
Franchisee employs own senior management and staff

Depot Franchise
Generally courier companies & parts suppliers
Franchisee employs own staff

Job Franchise
Lawn care, car repairs or furniture refurbishing
Generally a one-person business
Operated from home

Management Franchise
Franchisee is responsible for both running the franchise and employing and managing a team of operatives