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Best Magazine Franchises For UK Franchisees
Running a magazine business isn’t everyone’s idea of getting into franchising, and justly so. At first glance, it’s very easy to think that magazine businesses are well past their prime.
This idea, while true to some miniscule extent, needs to be revaluated in the wider context of how readership has evolved in the past few years. The switchover to digital-only business models is very real for all print businesses, and investors looking to invest in magazine franchises need to take this fact into account. On this page, we have compiled our handpicked selection of promising magazine franchise opportunities.
Magazine Franchises: More Consistent Than Mercurial
A quick look at the track record of franchises in this sector tells us that magazine businesses are better suited for investors who are looking to generate steady, reliable returns. It’s very unlikely for such franchise businesses to post extraordinary growth numbers, year after year.
There’s no denying that the readership numbers for print magazines have been going down of late. Therefore, it’s best to target your investment in a magazine business towards profitability in the short run, with a possibility to resale.
How Much Do Magazine Franchise Opportunities Cost?
The investment appetite is perhaps the most decisive factor in the franchise buying process. As far as magazine businesses go, franchisees are typically required to invest £5,000-£15,000 upfront.
The initial franchise package usually includes branding rights and training, along with other business support amenities.
Types of Magazine Franchises
To franchise a business successfully, an easy to replicate business model is the basic requirement. Of course, not all magazine businesses have this luxury.
Common opportunities in this sector are presented by magazine sales, subscription and distribution businesses, followed by the B2Bs. To learn more about magazine printing businesses, please visit the printing franchises section on our website.
Are You A Good Fit For Such Opportunities?
If you have previously worked in this industry, the experience will certainly come in handy. As a franchise unit, you will – in most cases – need to hire a small team of employees to look after the daily operations like distribution and customer service. To that end, it’s imperative that you’re a good team leader who can ensure the smooth running of the business.