Franchise Owner

Franchise owners are self-employed people who've bought a licence to operate a business under an established company's brand.

Typical Salary

To

Typical Hours

40 to 42 variable
freelance / self-employed managing your own hours

How To Become a Franchise Owner

You can get into this job through:

  • a college course
  • applying directly
  • training with a professional body

College / University

There is no set entry route to become a franchise owner but it may be useful to do a relevant subject like:

  • Level 1 Business Start Up
  • Level 2 Certificate in Preparing to Set Up in a New Business
  • Level 3 Certificate in Business Essentials

Apprenticeship

Apprenticeship are not listed for this job.

Routes into this Career

Routes into this Career are not listed for this job.

You'll usually buy into a franchise then get training from the franchise seller, often known as the franchisor.

You may find it helpful to get experience and skills in areas like:

  • basic accounting
  • sales and marketing
  • managing people
  • customer service

Other Routes

You could do training courses with a professional body to prepare for taking on a franchise.

Skills And Knowledge

You'll need:

  • customer service skills
  • the ability to sell products and services
  • leadership skills
  • excellent verbal communication skills
  • business management skills
  • the ability to accept criticism and work well under pressure
  • thinking and reasoning skills
  • maths knowledge
  • to be able to use a computer and the main software packages competently

Day To Day Tasks

Your day-to-day tasks may include:

  • complying with instructions on branding, signs, logos and colour schemes
  • operating to set standards and legal regulations, for example food safety
  • ordering stock or resources
  • attracting customers and building up sales
  • keeping accurate records
  • training and supervising employees
  • complying with health and safety regulations

Working Environment

You could work in an office, from home or at a store.

Career Path & Progression

Once your business becomes established you may want to open more franchised outlets. This would allow you to hand over day-to-day operations to staff, so you can concentrate on managing the growth of your chain.

Volunteering Opportunities

Volunteering Opportunities are not listed for this job.

Tips & Information

Career tips

You'll need access to money to buy the franchise and pay ongoing agreement fees.

Further information

You can get more advice about running a franchise from the British Franchise Association and Business is Great.

Restrictions & Requirements

Restrictions & Requirements are not listed for this job.

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