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Best B2B Franchises For UK Franchisees
Franchising, as a business model, is unique in that it offers investors a chance to contribute to the economy in a hands-on, direct way. While franchise businesses were indeed limited to the retail sector not too long ago, we have seen immense growth of B2B franchises over the past decade, thanks largely to the fact that many franchisors have now figured out how to mould the franchising business model to their respective businesses.
If you’re looking to invest in B2B franchise opportunities, you will find all your options listed right here, on this page.
B2B Franchises Offer Unique Advantages To Franchisees
A conventional, consumer-facing business finds itself hamstrung by intense competition, frequent disruptions and problems of scale. Scaling up a retail business requires huge injections of capital – meaning that small investors are likely to experience the capital-fatigue before they break even.
This is where Business franchises hold an advantage. Securing only a handful of customers can yield a steady, reliable and consistent stream of revenue that can be further used to onboard more customers.
Do You Have What It Takes To Run A B2B Franchise?
Running a Business franchise business is all about keeping a tight tab on your cashflows. Your role in the running of the daily operations will largely depend upon the franchisor’s business model.
If the franchise opportunity is merely commission based, your focus will be on sales and marketing. If, on the other hand, the franchisor requires you to actively take part in providing services/products to other businesses, you will need to be involved at a deeper level in your business. Therefore, while investing in Business franchise opportunities, do consider your availability and readiness to commit to the business as important factors.
How Much Do B2B Franchise Opportunities Cost?
Small-sized B2B franchise opportunities cost £15,000 to £50,000 in minimum initial investment. Mid-sized Business franchise will require you to invest upwards of £50,000 to get started.
Most franchisors include business training and ongoing support as a part of their franchise package.
Types Of B2B Franchises
We can divide B2B franchises UK in two broad types:
Product-based Business franchises offer products to businesses at special, wholesale rates. Commercial car/van dealers are good examples of this type.
Service-based B2B franchises offer unique services/solutions to businesses. Commercial pest-control services or car hire services are among the most common examples of this type. Since there are many Business franchise opportunities to choose from across various sectors, it’s advisable to choose an opportunity that allows you to put your past professional experience to good use.