QUICK SEARCH
ABOUT FRANCHISING
ABOUT FRANCHISING
A definition of Franchising and how the system works...
FRANCHISE FEATURES
FRANCHISE FEATURES
Download our market leading franchise supplements and features...
HELP AND ADVICE
HELP AND ADVICE
Advice on picking the right franchise for you...
AFFILIATES
AFFILIATES
A list of professional advisors...
INDUSTRY NEWS
INDUSTRY NEWS
The latest news and advice from the world of Franchising...
 
FRANCHISE NEWS

A TASTY INCENTIVE FOR THOSE STRUGGLING TO GAIN FUNDING

Monday 06th September 2010

PROSPECTIVE franchisees with insufficient funds can find their dreams of business ownership shattered at the first hurdle.


Mars-branded franchise Snack-in-the-Box has come up with a solution to the problem of under-funding by offering qualified candidates the option of interest-free deferred payments.



Sales director Matthew O'Neil said: “There is nothing more frustrating than finding good people who then cannot move forward because they struggle to raise enough funds. Deferred, interest-free payments are an attractive proposition, but this deal isn't just for anybody. We have strict criteria in our franchisee selection, so this is not about rapidly growing a business at any cost. The circumstances must be right for both Snack-in-the-Box and the new franchisee.”



Snack-in-the-Box offers two franchise opportunities; a self service box franchise which delivers snacks and confectionery to businesses of up to 20 employees, and a compact vending franchise which places slim line vending machines into businesses with more than 20 employees. 



Mr O'Neil added: “There is a trade off, and qualifying franchisees who take up the deferred payment deal will see a reduction in earnings potential in the first two years of up to 50 per cent of what they could expect to make if they had funded the business in full.”
 
Information: 023 9241 5000 www.sitb.co.uk

Print
   FRANCHISE FEATURES
FRANCHISE FEATURES
Download our market leading franchise supplements and features...
   INDUSTRY NEWS
INDUSTRY NEWS
The latest news and advice from the world of Franchising...
   CONTACT US
CONTACT US
Contact details for the Franchising team at Express Newspapers...