Roger Grogan, founder, Jam Coding
We predominantly teach primary age children coding and computing skills and we’ve seen a lot of franchises coming into the space.
We see a lot of interest and we can have anything from 40 to 50 applications a month and I maybe meet with two or three of them.
We’ve had a number
of franchisees who have come in and tried to have other ventures, or remain in part-time employment. It never quite hits because we all know as business owners and founders that it doesn’t work like that. It’s 40, 50, 60 hours a week sometimes.
Passion for the business is really important to me. The brand Jam Coding, is named after a man called James Mason, who was a Lancashire gentleman, and my uncle. He was about helping other people and providing other opportunities to people and giving people skills. That was his ethos, and he instilled that in me.
So, when I give this brand over to people to run elsewhere in the country, that’s a big decision. The ones that stick at it have the passion, you can see that drive in them.
We’re looking at our first international franchise and we’ve got more than 300 co-coaches, as we call our staff, working across the country now.
Ultimately, if I asked myself, what was that purpose for franchising? It was to teach more kids, and do it quicker, and we now teach tens of thousands of kids a week. So, it works, but it’s a hell of a journey.
Pip Wilkins QFP, CEO of the BFA (British Franchise Association)
About us
Founded in 1977 and with a strapline of ‘Discover Your Tomorrow’, the BFA is the hub of franchising in the UK. The association strives to brighten people’s futures, by showcasing the opportunities for businesses and indiviuals to transform their lives through franchising, whilst also providing an educational space and accreditations, governed by high standards and a code of ethics.
Our recent achievements and plans for the future
We recently published the results of our national survey, sponsored by NIC Services Group, which revealed that the UK franchise sector contributes £19.1bn to the UK economy with an average turnover per franchise unit of £400,000. There are currently 1,009 franchise systems in the UK, with 50,421 franchise units. Significant growth was seen in both the personal services and the hotel and catering sectors, up 53 per cent and 34 per cent respectively since 2018.
What piece of advice would you give to Lancashire businesses looking to franchise their business?
For initial, free advice visit:
https://www.thebfa.org/franchising- your-business-advice Following that, if your business is trading profitably and you have evidence that it could be replicated by a franchisee, contact a franchise consultant who is a member of the BFA, for their expert guidance. Details can be found on our website
https://www.thebfa. org/advisors/ search ‘Development Set Up & Ongoing’
thebfa.org
Dean Curtis, Director, Beever and Struthers
About us
Beever and Struthers is an award-winning firm of Chartered Accountants and Business Advisors, headquartered in Manchester, with offices in Blackburn, Birmingham and London. We provide stress-free and straightforward accountancy advice and services to businesses, their owners, and those in the not-for-profit sector. Our comprehensive services include audit, tax, accounting, corporate finance, corporate insolvency, digital transformation, payroll, and wealth management.
Our recent achievements and plans for the future
The corporate finance team has gone from strength to strength, delivering our best years yet, despite the challenges of a post- pandemic world. In 2024, we successfully completed 15 M&A transactions, including disposals, acquisitions, refinancing, management buyouts, and employee ownership deals. With big investments already made, we’re excited to keep growing and expanding what we can offer to our clients.
What piece of advice would you give to Lancashire businesses looking to franchise their business?
Franchising is a brilliant way to grow, but it’s not the same as running a regular business. First, ask is your business truly franchiseable? It must be scalable, easy to replicate, and have a strong brand identity. Be ready to invest time and energy into supporting franchisees, and get specialist financial and legal advice early to avoid costly mistakes!
beeverstruthers.co.uk About us
We make it our goal to understand your business, so you can move forward. We’ve developed an excellent reputation for building relationships with the people we work with. We’re more than just advisors with an in-depth knowledge, we become an extension of your team. Law can be complex, so we’ll provide the support you need to protect, inspire confidence and empower your business.
Our recent achievements and plans for the future
Forbes’ Commercial and Intellectual Property services are ranked according to The Legal 500, with a number of individuals across the team being ranked in their field. We have experienced growth in excess of 100 per cent across these areas during the last four years and plan to continue that growth trajectory in years to come, with a focus on innovative legal solutions.
What piece of advice would you give to Lancashire businesses looking to franchise their business?
A franchise model is an enhanced form of intellectual property and business licence; it assumes that the franchisor has a successful business that can be packaged together and implemented across different territories. Franchises often fail due to a lack of capital investment, ability to receive centralised marketing and training and territory selection. Any business looking to franchise needs to be confident that its model is both successful and transferrable.
forbessolicitors.co.uk LANCASHIREBUSINES SV
IEW.CO.UK
Daniel Fletcher, Senior associate, Forbes Solicitors
29
IN VIEW
DOING THE DEAL
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