We’ve teamed up with Industry leaders Franchise Finance to offer support to all our prospective Franchisees and to help ensure every candidate has access to the best possible advice – at the early stages of business planning, raising finance (if required) and ongoing training.
Franchise Finance Overview
Franchise Finance Ltd are leading independent experts in raising finance, business planning and business training. Using their extensive network of specialist Franchise Banks and Leasing Companies and expertise in preparing finance proposals, they arrange the finance needed by franchisees.
Additionally, the team have access to a dedicated £50m lending fund, specifically for the franchise industry. Franchise Finance Ltd are bfa affiliates, members of NACFB and are authorised and regulated by the Financial Conduct Authority.
Business Planning with Franchise Finance
All Busylizzy candidates will be introduced to an experienced consultant at Franchise Finance who will work alongside you and help prepare your business plan. This process will help you to crystallise your thoughts and develop a clear strategy to achieve your objectives. It will also include a full set of financial projections to gauge profitability and ensure your plans are viable.
It will also include a full set of financial projections to gauge profitability and ensure your plans are viable.
Applying for finance through Franchise Finance
If you need finance – you will have the opportunity to talk through your lending requirements with an experienced consultant, who will be able to answer any questions you may have and provide an initial assessment on the viability of a finance application.
The Franchise Finance team will take you through a streamlined process with the end goal of arranging your finance as quickly and seamlessly as possible, they have a success rate of more than 95% in arranging finance.
REQUEST FINANCIAL INFORMATION
Business Training Academy
Franchise Finance have partnered with Busylizzy to deliver financial training for all new franchisees.
The module will outline and explain the fundamentals of business finance and accounts, including:
- Measuring profit and working capital
- Financial Ratios and KPI’s
- Cash flow forecasting
The new training module ‘Understanding Business Finance & Accounts‘ will equip new franchisees with the fundamentals of running a business including cash flow forecasting, measuring profit and understanding accounts.
Julie Clabby – Founder of Busylizzy said “we are delighted to offer this extra level of expertise and training to our franchise network. Many of our franchisees are new to running a business so getting to grips with accounts and understanding business principles is often key to their success“. Our success mirrors that of our franchisees and we are committed to continually developing, nurturing and growing our network.
All existing franchisees along with those on-boarding in 2019 will be offered a place on this new financial training module at Franchise Finances offices in Oxford. This course complements the established busylizzy in-house training which consists of a 15 module web portal, online guides, manuals, videos and downloads.