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Talking mumbo jumbo: legal risks and rewards of multi-unit, multi-brand franchising

According to the latest British Franchise Association-NatWest survey of the franchising sector in the United Kingdom, around one-third of franchisees now run more than one franchise business, compared with just one-quarter in 2013. The trend is not just towards multi-unit franchising, but also towards multi-unit and multi-brand franchising. This article examines these risks and rewards from the perspective of both franchisors and multi-unit, multi-brand operators (also known as 'MUMBOs'). ....

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Franchise fees explained for potential franchisees

If you’re interested in purchasing a franchise, it is important that you understand the fee structure so that you know what you’re getting yourself in for. ....

United Kingdom , British Franchise Association , April P , Business Startup , ஒன்றுபட்டது கிஂக்டம் , பிரிட்டிஷ் உரிமையை சங்கம் ,

bfa and VMG announce new Partnership Blog | The Franchise Magazine


bfa and VMG announce new Partnership
The British Franchise Association (bfa) and Venture Marketing Group (VMG) have announced that they have entered into a landmark new Partnership to work in joint collaboration on both VMG’s Franchise portfolio and the bfa’s educational and promotional agenda.
The bfa will continue to exclusively support VMG’s market leading franchise exhibitions. The exhibitions will feature VMG accredited franchise brands, with a continued focus on delivering high-quality franchise opportunities and a trusted educational environment for potential franchisees.
The partnership reinforces the positive and long-standing relationship between the bfa and VMG and will be in place for a minimum of three years. The bfa will play an active advisory role in the development and growth of The Franchise Exhibitions and both the bfa and its members will continue to benefit from exposure in VMG’s large-scale marketing campaigns. VMG will support and work ....

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Belvoir acquires White Kite for £4m | 1 April 2021


1 April 2021 | 09:56am
StockMarketWire.com - Property franchise group Belvoir acquired White Kite Holdings 2021 and its two subsidiaries, White Kite Limited and Nicholas Humphreys Franchise for £4.0 million.
Nicholas Humphreys operates a national network of estate and lettings agents trading through 18 franchised and three corporate-owned offices, and is a full member of the British Franchise Association. It also specialises in student lettings, giving an overall revenue split of 87% lettings and 13% sales.
The key strategic driver for the acquisition is that, like the Belvoir Group, Nicholas Humphreys is based on a franchise model underpinned by lettings, making it a good fit for Belvoir s multi-brand franchise strategy, the company said. ....

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