by info@fullcirclewebsitedesign.co.uk | Mar 4, 2025 | Uncategorized
From a franchisee’s perspective, one of the most detrimental aspects of investing in a franchise is the obligation to pay a minimum monthly fee (MMF). Not all franchises use this system, but most do. And in those cases, it is non-negotiable. We strongly believe that...
by info@fullcirclewebsitedesign.co.uk | Mar 4, 2025 | Uncategorized
Head over to Elite Franchise Magazine to read my latest published article about The importance of the pilot branch. The importance of the pilot...
by info@fullcirclewebsitedesign.co.uk | Mar 4, 2025 | Uncategorized
The lockdowns during the pandemic greatly increased the use of video conferencing. This has made it easier for franchisors and prospective franchisees to engage in discovery meetings, but we are now seeing that this is causing problems. Over the past year, the number...
by info@fullcirclewebsitedesign.co.uk | Mar 4, 2025 | Uncategorized
Some decades ago, while attending the National Franchise Expo in Washington DC, your correspondent was enjoying dinner one evening with a group of friends. With the party was a senior member of staff of the Canadian Franchise Association who made a comment that has...
by info@fullcirclewebsitedesign.co.uk | Mar 4, 2025 | Uncategorized
Minimum monthly charges have been a feature of the franchisee business model for many years. Franchisors see them as justifiable. The guaranteed income can make budgeting easier, and they are a useful way of incentivising underperforming franchisees. Prospective...