Thinking of becoming your own boss but don’t want to go it alone? Franchising could be your ideal path—and if you’re based in the UK, you’re in the right market to get started. But where do you begin? In this guide, we’ll break down the key steps to help you start your franchising journey with confidence.
Step 1: Know Why You Want to Franchise
Before diving in, take time to clarify your goals. Are you looking for:
- A full-time business?
- A part-time side income?
- A hands-on role or something you can manage remotely?
Understanding your motivation will help you filter franchise options that truly fit your lifestyle and ambitions.
Step 2: Assess Your Finances
Most franchises require an initial investment, and that can vary massively—from under £5,000 to over £100,000. Think about:
- Your available capital
- Whether you’ll need finance or funding
- How long you can operate before turning a profit
Many UK banks offer specific franchise loans, and some franchisors have finance partnerships—so don’t assume you need the full amount upfront.
Step 3: Start Exploring Franchise Opportunities
This is the exciting part: research! Start by looking at:
- Reputable franchise directories (like Franchise Hunt 😉)
- UK-based franchise exhibitions and events
- Business sectors that match your interests or experience
Narrow your focus by filtering for industry, investment level, location, or lifestyle fit.
Tip: Don’t rush. Make a shortlist of 3–5 franchises that align with your goals and values.
Step 4: Request Franchise Information Packs
Once you’ve got a shortlist, reach out to the brands. Most franchisors will send you an information pack or prospectus. This usually includes:
- Overview of the business model
- Start-up costs and fees
- Training and support details
- Earning potential and case studies
This stage is all about gathering facts, not making commitments.
Step 5: Book Discovery Calls or Attend Franchise Presentations
After reading the info packs, arrange a call with the franchisor or attend a discovery day. This is your chance to:
- Ask initial questions
- Gauge how supportive the team is
- Get a feel for their culture and expectations
Remember, this is a two-way process—you’re interviewing them just as much as they’re assessing you.
Step 6: Speak to Existing Franchisees
Before you go any further, talk to current franchisees in the network. Ask about:
- Their experience getting started
- Ongoing support from head office
- Realistic earnings vs. projections
- Challenges they’ve faced
If a franchisor hesitates to connect you with real franchisees, that’s a red flag.
Step 7: Do Your Due Diligence
Once you’ve narrowed it down to one or two favourites, it’s time to dig deeper:
- Review the franchise agreement (with a solicitor if possible)
- Study the financials carefully
- Understand your territory and exclusivity rights
This stage is crucial—don’t skip it or rely on verbal promises.
Step 8: Secure Funding and Finalise the Agreement
If everything stacks up and you’re ready to proceed:
- Secure any funding you need (bank loans, personal investment, etc.)
- Review and sign the franchise agreement
- Pay the franchise fee
You’ll usually receive onboarding instructions, start-up training dates, and marketing plans at this point.
Step 9: Complete Your Training
Franchisors typically offer initial training, covering everything from operations and sales to marketing and systems. This is your foundation for success—treat it seriously and ask lots of questions.
You’ll also start preparing for launch—ordering equipment, planning local marketing, and booking your launch date.
Step 10: Launch and Grow Your Business
Once you’re up and running, the real work begins! Lean on your franchisor’s support, follow the system, and focus on building local awareness.
Set goals for your first year and stay connected to the franchise network—you’ll learn just as much from other franchisees as you will from HQ.
Final Thoughts
Starting your franchising journey doesn’t have to be overwhelming. With the right approach and support, you can go from curious explorer to confident business owner in just a few months.
Stay tuned to Franchise Hunt for more guides on choosing the right franchise, spotting red flags, and asking the right questions before you invest.
