Franchise Key United Kingdom - British Directory for Franchise and Master Franchise Opportunities

Frequently Asked Questions - FAQ

Which network is right for you?

Create your own personal skills profile:   

1. Draw up a table arranging the following into different columns :

• An initial list of your skills and your experience.
• Pencil in an initial estimate of your level of skills. You can always alter it at a later date.
• Underline the areas that you can improve yourself.
• Underline the areas where you need assistance or training.

2. Add in the skills you think are required for a certain network or sector .

3. Your skills profile is now complete. However, you will probably need to alter it as you search for the right franchise .   

Identify other important criteria for your personal profile: 

The following is also important for establishing which franchise is the right franchise for you (draw up a table):

1. What are your preferences / what motivates you?

• regarding products, activities, the importance of personnel, etc.
• you cannot succeed in a job you dislike – especially as franchisees have to work extremely hard to make their business a success.

2. What personal funds can you put towards the project?

• What securities do you have to offer a bank to secure a loan?

3. What is the maximum amount of money you are prepared to borrow?

• (your opinion will almost certainly change as your research continues).

4. What level of support do you have from your family for this project?

5. What level of risk are you prepared to accept?

Look for the franchise that suits you.

Your profile is now complete. You can now start to look in FranchiseKey for a franchise that suits you, i.e. that matches your profile.

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