Rapid growth of B2B franchises in the UK
With new money from local, national and even international investors pouring in, B2B franchises in the UK are scaling newer heights of success each year. For a rookie franchisee, however, choosing the right business to invest in can be an arduous, confusing task. This is where franchise4u's all new, enhanced and free Franchise Directory comes to the fore. Our selection of the best B2B franchises for 2019 is backed by new features like verified reviews from franchise owners, bespoke star ratings and in-depth franchisor profiles.
B2Bs are unique in many aspects. The plus points they can boast of are unique and so are the challenges they need to face. With this set of peculiar properties come a wide range of opportunities. Since the barrier to entry is rather high, one can hope that a well-run business can quickly turn profitable.
Many B2Bs in the UK have already made the most of these unique advantages. Their growth, however, has traditionally been capped by the problems of scalability. Entering new markets or exploring alternative business models, in most cases, are cost-prohibitive propositions for local B2Bs. Many businesses realised that franchising can help them bypass these problems, and that, we're glad to report, has opened a number of doors for individual as well as institutional investors. When one buys a franchise unit from a successful franchisor, they not only get to use a proven business model, they also get to access their invaluable industry contacts.
Contrary to the popular perception, franchisees can get started with a B2B franchise unit of their own for a reasonably low investment. For reference, most franchising opportunities in this sector require no more than £30,000 in initial investment. Working with a reputed franchisor also makes sure that franchisees don't face many difficulties while seeking external funding.
To run a successful B2B franchise is all about being able to find and retain clients at low costs. The franchisee will, of course, have an edge if they have relevant, industry-specific experience (for example, a professional photographer may find it easier to run a B2B drone/aerial photography franchise).
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