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Franchise Consultant
Helps entrepreneurs buy, set up, and operate franchise businesses — from fast food to fitness centers.
Did you know?
About 95% of McDonald's more than 45,000 restaurants are run by franchisees, not by the company itself.
How subjects help
- Business Studies: Check a franchise's costs and profits to see if it suits a new owner.
- Law: Explain the franchise contract, including fees and the rules an owner agrees to follow.
- Economics: Study local demand and competition to pick a good spot for a new outlet.
- Communication: Guide a new owner through setting up and keep them in touch with the brand's support team.
A famous name
Ray Kroc: Worked as franchising agent for McDonald's and grew it into a worldwide franchise chain.
Try it yourself: Ask customers before you make it
- Think of a small thing you could make or a service you could offer, like homemade bookmarks or a plant-watering service.
- Write four questions, such as: Who would buy this? Are there other things like it? What would make it special? Would you pay 50p for it, and why or why not?
- Ask at least three people you know and write down their answers, especially the "why".
- Change one thing about your idea based on what you heard, and write down what and why.
Entrepreneurs and product managers talk to real customers before building anything, so they make something people actually want at a price they will pay.
Adapted from Young Enterprise: Fiver Challenge workbook (market research).
Also try: Match a family to a home.
Known for it in
USA, UK, Australia, Japan, Canada