Growing your business through franchising - Ulster Bank

What next
■ Carry out further research as to the viability of your current business model
■ Bring together a strong support team to help. Some of these may already be part of your current business
support system e.g. franchising consultant, an accountant, a market research consultant, solicitor, design
consultants and legal and tax advice
■ Scope investment outlays such as the financing of initial pilot, development of brand and
management recruitment
■ Agree franchisee selection and management process
■ Draft your operation manual and put in place a maintenance procedure
■ Get in touch with your bank and explore funding options
■ And finally, there is currently no Irish Legislation specifically applied to franchising in Ireland. Before developing
your franchise brand we strongly recommend that you take specific legal and financial advice regarding your
proposed franchise investment
Across the page you will find franchising specific sources which will help you gather the information and
confidence you need to make a decision.
These sources are easily accessed through the internet, our local branches and at yearly Franchising events.
The opportunities are endless and we wish you well in your venture. Talk to our Enterprise Advisers at any point and
remember we are one of the fastest growing financial companies in Ireland and we’d love to do business with you.
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