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How the UK franchise sector is being affected by the economic slowdown

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Networks and Global Linkages
An entrepreneur seeking to enter industry faces high transaction and learning costs. Networks are one way in which entrepreneurs reduce search costs while also lowering the risks of embarking on a new venture. Industrial districts, or clusters of contiguous and often related enterprises, are one way in which networks form. However, today, in an increasingly competitive world, networks need to be global.

The Myth of A Listers and Influencers
Continuing on the theme of Duncan Watts and the demise of influencers and A listers, CNET Networks conducted a three-part study called "The Influencer Study from CNET Networks: Challenging Perceptions." It explored the structure of social networks, the motivations for giving advice, and methods of acquiring information.
Dangerous Supply Chain Myths (Part 3)
Segment 3 – Multiple Supply Chain Networks: An Issue of Timing versus Concept Validity? Multiple Supply Networks The tail of the supply chain needs to be tailored to each developing market and this will require domestic partners to help execute fulfillment and delivery. In addition, good risk mitigation requires flexibility and diversity in your supply chain and supporting networks.

Franchise growth in times of recession
Remarkably franchise networks often grow in times of recession. Nick Strong, MD of www.selectyourfranchise.com looks at the reasons why and what action franchisors should be taking to get ready for network growth.
Online Social Networks - Part 3: Using AmazonConnect & Chapters Community
In Part 2 I discussed book collection or catalog networks like Shelfari. The next category of social networks is "bookseller networks", primarily AmazonConnect for US consumers and readers, and Chapters Community for Canadian consumers and readers.
Is franchising right for me?
Franchise business offers a more secure route into self employment than going it alone. Over 90% of UK franchise owners run profitable businesses according to the British Franchise Association/Nat West National Franchise survey. By following the proven franchise model the local franchise owner can build his own successful business in the UK. Nick Strong of Select Your Franchise and Richard Holden of Lloyds TSB give insights to prospective franchise owners.
Franchise Conferences - The Learning and Networking Bonanza
One of the key features of the most successful franchise networks is the quality of their national, and now more often, international franchise conferences and conventions. These events are planned in meticulous detail, with a focused theme to drive home to delegates the key points that the franchise management want to convey. They are often used as a launching place for the next year's marketing strategy and coupled with training programs designed to permeate the current best practice into the network via the conference delegation.
Buying a Franchise: how to choose the right franchise
The Franchising World asked Rod Young, one of the world’s leading franchise consultants for his advice on buying a franchise. His advice has guided many franchise networks in establishing successful franchise ventures across the globe. Buying and operating a franchise is an exciting and adventurous process. For most people, buying a franchise will be the most significant investment they make in their lifetime, akin with buying their first home. Imagine buying a house without looking in every room, getting a surveyors report or researching the value of similar houses in the area. At least the same level of due diligence should be undertaken when buying a business, even if it is part of a successful franchise network.

The 10 Key Features of Best Practice Franchisors
In many markets across the globe, both domestic and international franchises compete for market share. But what makes the market leader or that emerging franchise system so much better than their competitors. Rod Young, Executive Director of DC Strategy, highlights what sets them apart. In developing national and international franchise systems, the DC Strategy team found that the features of many businesses which stood out for their growth trajectory and market share had common elements that were not confined to industry groups, but were present across businesses as diverse as food, retail and service networks which built substantial enterprise value for their Shareholders and proprietors. Conversely, almost all networks which faded to thrive lacked many of the following features:
Is your Social Network involvement a plus or a disaster waiting to happen?
: Every day men and women from around the globe join Social Networks because they "heard" it's necessary to join in the social network craze. Although Social Networks can be a great way to connect with family, friends, colleagues, current clients, potential clients and high school buddies they can also be a complete waste of time and a open invitation for trouble we often don't think about. Learn what is safe and what is not with Social Networks
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