What-Franchise-Issue-20.1
Jo Jingles INVESTMENT: £6,995+VAT The children’s music and movement franchise only requires 50% of the franchise fees upfront. You’ll then receive a three-month holiday on fees while you set up and launch your business. The remaining 50% can then be paid in instalments over the course of a two-year period, as you begin to earn a more stable income. Bright & Beautiful INVESTMENT: £19,995+VAT The housekeeping and cleaning franchise has an established partnership with NatWest Bank, which enables franchisees to access a loan covering 70% of the fees. It also works with Business Masters to provide support should you decide to apply for the government backed Start Up Loans. Molly Maid INVESTMENT: £28,975 Your initial franchise fee covers the cost of working with D&Twho will help you create a bespoke business plan and secure government- backed funding. The cleaning franchise also has established partnerships with HSBC, NatWest, and Lloyds which can provide you a loan covering up to 70% of costs. Diamond Home Support INVESTMENT: £9,000 The care business can provide 50% direct in-house funding to franchisee candidates if they’re the right person and it’s obvious they will make a success of the venture. This is part of its initiative to ensure that the right people are representing the brand, by breaking down barriers to entry. Leaflet Delivery UK INVESTMENT: £9,995 The leaflet delivery franchise, which is affiliated with Royal Mail, provides franchisees with a payment plan to avoid big upfront costs. You can pay half of the franchise fee when join, which amounts to £5000+VAT. You’ll then pay the remaining balance of £4995+VAT in monthly instalments over five years as you earn revenue. Dallas Chicken & Pizza INVESTMENT: £100,000 The quick service restaurant franchise can facilitate asset financing via HSBC and NatWest to cover 50% of the store build. It can also provide low interest loans via selected third parties. You won’t need to pay royalty payments until after a specified grace period to give you time to launch and earn. “Franchising was last estimated to contribute £17 billion , to the economy, annually Some franchise brands are offering staggered payment plans to take the pressure off while franchisees launch their business and start earning all- important revenue 70% OF FRANCHISEES SECURE BANK LOANS FOR THEIR BUSINESS 25 WHAT-FRANCHISE.COM 50 Funding Pl ans | PARTNER CONTENT
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