Preparing your franchise for sale

So, you've decided, for whatever reason, you'd like to sell your business. Prior to sticking up the ‘for sale’ sign, there are lots of things you can put in place to ensure the sale goes through smoothly.

The famous saying ‘if you fail to prepare, prepare to fail’ could not be more relevant here. Proper preparation will affect the achievable sales price and the ease at which a potential buyer will be able to raise the necessary capital.

Why an under-performing franchise resale shouldn't be written off?

When looking to buy an existing franchise, there are two types of businesses for sale - those businesses which are successful and those which are underperforming. However, whilst a performing franchise will bring with it many benefits, and probably a hefty selling price, you shouldn't be quick to rule out a franchise that isn't successful or losing money Read more...

Exit options: planning for the future of your Franchise. By BDO

It’s sensible for franchisees to plan for exiting the business at a time that suits their personal or commercial goals. However, many franchise owners and operators fail to fully consider the range of options available or engage early enough with their advisors. So, what are the options for exiting your franchise business? Read more

Ask The Experts

Franchising can be a very complex area and to make sure you find the right franchise for you, or set up your own franchise correctly, is it imperative that you do as much research as possible. This includes seeking professional help and advice. Our Ask the Expert section allows you to post questions regarding funding a franchise, legal issues, accountancy, consultancy and general franchise advice. Post your questions to our panel of experts