Growing your business through franchising - Ulster Bank

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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. 8
Helpful Sources of Advice Ulster Bank: franchising@ulsterbank.com Irish Franchise Association: www.irishfranchiseassociation.com British Franchise Association: www. .thebfa.org European Franchise Federation: www.eff-franchise.com County Enterprise Boards: www.enterpriseboards.ie ISME: www.isme.ie Small Firms Association: www.sfa.ie Enterprise Ireland: www.enterprise-ireland.com US Commercial Service: www.buyuse.gov/ireland Chambers of Commerce: www.chambersireland.ie Franchise Information Website: www.franinfo .ie Franchising Events www.irishfranchiseassociation.com Useful Publications Franchising in Ireland Survey 2006 Irish Franchise magazine Business & Franchise Options magazine Available nationwide. Helpful Advice for your Business Planning your business Available from your local Ulster Bank Branch.
Page 1 and 2: “Coming together is a beginning K
Page 3 and 4: ...Like Ford our people understand
Page 5 and 6: “What is franchising” Franchisi
Page 7 and 8: Key advantages 1 Reduced Capital Ri
Page 9: Areas that you and your management

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