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Types of Franchises

Franchising is a great way to become an owner of a small business. There are three different types of franchises which you can choose from, they vary in terms of your position, your input into the business and the amount of involvement of the franchisor. The three types of franchises are; the business format franchise, product distribution franchise and management franchise. Each franchise operates differently and in this guide you will find the differences between the three.
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In our latest edition of success stories, we spoke to Brenden Carr – owner of a family run business. Caztec help deal with domestic and commercial electrical problems. Brenden discusses the changes to marketing yourself as a business owner, over twenty years, to the advantages of running a family business.
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Funding Circle is one of the most prominent methods of getting loans for UK small businesses. In this guide, we will focus primarily on this method of financing, explaining how it works and why it’s such a great way of financing your business that you should definitely consider. [read the full article]

In a survey conducted by Mediahawk on over 200 SMEs in the UK, it was found that social media plays a huge role in bringing in the highest quality leads and sales to small businesses. Around 62% said that social media was the best form of marketing for them to get the best leads, ultimately pushing their sales. This just shows the importance of social media in the small business sector.
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Peer to peer lending is a way to get finance without the involvement of any official financial institution. However, there are certain platforms you can use to get funding. The peer to peer lending websites are known as platforms and will vary from website to website. In this article you will learn what peer to peer lending actually is and what are the pros and cons for using this particular method of funding.
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Setting goals and objectives for your business is incredibly important. Goals enable you to decide the direction of your business, as well as provide motivation because you have a goal/image to work towards. Most importantly, setting goals is a way to measure your progress.
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How to sell a franchise

There are many reasons as to why you have decided to sell your franchise, from a retirement to wanting to invest in another business opportunity. Selling and buying an existing franchise is also known as a ‘re-sale’. You have to prepare for your re-sale from the very beginning of your franchise career if it is possible. These simple steps will help you get organised and prepared for the re-sale.
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For our latest success story we talk to Simon Bradley, our partner at WPA healthcare. Simon talks about what its was like to start working for yourself to some of the biggest challenges he faced.
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There are 5.5 million small businesses in the UK and around 60% of people working in the private sector are working for small businesses. However, mental health and wellbeing advice and support is only really given to larger businesses. The FSB (federation of small business) has started a campaign to focus on wellbeing for those in small business sector.
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For most businesses, handling an employee’s confidential data can present a number of challenges. It is important to educate the team on the importance of handling data to ensure confidence to not have to face any of the legal implications of a data leak.
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A unique selling proposition, also referred to as a unique selling point, is a marketing concept used to express the difference between your product/service compared to others. Differentiation is one of the most important parts of any business, you must stand out from the crowd and against your competitors. When you have a small business, a USP could be the difference between failure and success. It can help identify you and enable you to actually compete with big brands.
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How to attract the millennials

Millennials are the largest living population, and this group includes anyone born from 1981 to 1997. The generation has been widely misunderstood, and reports show that they are the most difficult demographic to engage. As millennials are such a huge part of society, it’s worth investing time to get to know them as prospective customers and perhaps tailor marketing strategies to suit their needs.
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How to choose a franchise

Franchising can be a great sector to join, especially now when it is seeing an all-time high in terms of revenue as well as providing a record number of jobs. It has been a huge contributor to the UK economy and it’s business model is responsible for it’s success. Choosing a franchise to invest your time and efforts in can be difficult, however in this article you will find six factors to consider when looking at your options.
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What is venture capital?

Venture capital is a form of funding for businesses. Venture capital is financing that is provided by investors, known as venture capitalists to start-up businesses. Venture capitalists will only invest in your start up, if it shows potential for long term growth. This form of getting funding for your business can sometimes be difficult as it will need to meet certain expectations and guidelines.
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Today, Friday 15th September is the National 4pm Finish Day. Getting to start your weekend an hour early and making this campaign a legitimate thing has never been more prominent. Kudos to Red Bull for getting the ball rolling.
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Running a small business, it can be easy to become caught up in the day-to-day operations and forget about your future goals. That’s why it’s important to set objectives and milestones from the very beginning, so you can track where your business is going and celebrate how it’s growing!
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Millennials are definitely making their way in the small business sector. In the 9th annual DNA of an entrepreneur report by Hiscox, one of the most encouraging findings from the report were on the positive outlook of millennials. The group dubbed the ‘most entrepreneurial’, could be paving the way for a brighter future for small businesses.
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Buying an existing franchise

If you are thinking about buying a franchise and starting one from scratch seems daunting then perhaps consider buying an existing franchise. There are many benefits about buying an existing franchise, which is referred to as a re-sale. However, you need to carry out full research in order to get a grasp of the situation of the franchise. There are some major bases you need to cover, and in this article it will all be explained. [read the full article]

If you are starting a small business and want to recruit staff, then you have come to the right place. In this article you will find a list of top ten recruiting websites, which will allow you to hire staff  that are suited to your business. Job sites can make recruiting staff a hassle free task and allow you to find the best candidates for a fee or some are even free of charge.
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The federation of small business (FSB) is hosting another year of small business awards. The awards will highlight and celebrate all that small businesses have contributed to the economy and the UK as a whole.
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