Phil Archer : Funding with Government Schemes

About this Event

HOW THE NEW GOVERNMENT SME STRATEGY IMPACTS ON FRANCHISING  

Franchisee funding can be a major hurdle for both potential franchisees and franchisors. If your potential franchisees can’t access finance than they can’t become your franchisees and if your existing franchisees can’t access additional growth capital that’s a big problem for them and you.  

Having the correct funding package available for franchisees is crucial to the long-term success of any franchise network.  

The governments recently released SME strategy “Backing Your Business: Our Plan for Small and Medium-Sized Businesses” contains two key aspects for franchise funding:  

• A longer-term commitment to the British Business Bank’s Growth Guarantee Scheme which should help more businesses access the finance they need to grow and invest 

• A £3bn boost to British Business Bank to help lenders offer more small business loans 

To find out more about the Government schemes that could benefit you and your franchisees use the link below to register and join The Franchise Company’s next First Friday session on Friday 5th September 1pm-2pm where Phil Archer from the DT Group is our guest looking at this key area for future success.