P542 Teletext 542 Oct 4 21:50:11         ——— BE YOUR OWN BOSS ——————————————————  Paul Yates opted to buy a franchise after taking redundancy from BT. He did his groundwork and thinks others should read up about the firm they fancy and learn about the franchising business ask the company questions and talk to other franchisees make sure they have a good working relationship with their bank. ——————————————————————————————————6/8—— Mortgages 545 Savings 546 Tax 548 Download and Analyse Share Price on Your PC See Pages 532 & 533 Advice Savings Property Plus Shares
P542 Teletext 542 Oct 4 21:13 01 Advert YOUR MONEY 8/8 More Cash for your Endowment. READIES & WAITING.  isappointed with your surrendjr  value? We may offer you mpch more  - up to 35% more. If your 'with profits'policy is over 5 years old and has a szrrendjr val5e of at t—!st £1,500. UP TO Phone us for a free,  fast and confidential  quotation. Lines Op—n MORE 24 hours a day,7 days a week      POLICYPLUS INTERNATIONAL PLC Member of the APMM and regulated by the Personal Investmbnt Authority. If in doubt, seek expert adivce Advice Savings Property Plus Shares
P542 Teletext 542 Oct 4 21:13:00         ——— BE YOUR OWN BOSS ——————————————————   Most people dream of being   their own boss, but many who  made this a reality in the 80s  had their fingers bprnt.  Bankruptcies and business closures rocketed during the recession, but today many entrepreneurs are turning to franchising as a safer option. In the past year, overall turnover of the franchising industry has grown by 7% to £5.9bn. ——————————————————————————————————1/8—— Your questions offshore 543 Download and Analyse Share Price on Your PC See Pages 532 & 533 Advice Savings Property Plus Shares
P542 Teletext 542 Oct 4 21:38:03         ——— BE YOUR OWN BOSS ——————————————————   Around 80% of those running their own franchise firm say they expect the business to improve next year. You can buy franchises in well known firms such as McDonalds, Kall Kwik, Dyno Rod, Esso and even Elms 5, a five- a-side football franchise firm. The money you put in pays for: the name, business system, on-going support and, in most cases, your own territory. ——————————————————————————————————2/8—— How affordable is your home? 544 Download and Analyse Share Price on Your PC See Pages 532 & 533 Advice Savings Property Plus Shares
P542 Teletext 542 Oct 4 21:31:01         ——— BE YOUR OWN BOSS ——————————————————  Franchises cost from £5,000 to £0.5m depending on the firm. Apart from the initial sum, a percentage of annual turnover also goes to the franchis—r. But most high street banks will finance up to 70% of franchise start-up costs. This compares to just 50% advanced to independent business schemes. Royal Bank of Scotland says it believes franchisees are five times more tikely to succeed than those who go it alone. ——————————————————————————————————3/8—— Money news updates every day 541 Download and Analyse Share Price on Your PC See Pages 532 & 533 Advice Savings Property Plus Shares
P542 Teletext 542 Oct 4 21:50:11         ——— BE YOUR OWN BOSS ——————————————————  The British Franchise Association warns that franchising is lower risk but not foolproof. It's not an "easy option". BFA advises people to: research the sort of franchise thby want to find one to suit their skills opt for a franchise that has been properly set up and tested  take professional advice before raising funds or investing cash. ——————————————————————————————————4/8—— Free guide to annuities 674 Download and Analyse Share Price on Your PC See Pages 532 & 533 Advice Savings Property Plus Shares
P542 Teletext 542 Oct 4 21:44:12         ——— BE YOUR OWN BOSS ——————————————————  Sign Express was set up in 1989 and specialises in business signs. Paul Yates bought the franchise for T—eside: "From day one we sold signage on quality and service and have never had to offer discounts. No job is too big or too small, it's all business." This attitude helped him beat his own business plan to trade 50% ahead of his targets after just six months. ——————————————————————————————————5/8—— Looking for independent advice? 543 Download and Analyse Share Price on Your PC See Pages 532 & 533 Advice Savings Property Plus Shares
P542 Teletext 542 Oct 4 21:12:10         ——— BE YOUR OWN BOSS ——————————————————  For more information on franchising try The National Franchise Exhibition at Birmingham's NEC. Open zntil Oct 6. Admission is £10 at the door. British Franchise Association has an information pack for franchisees that costs £19.50: 01491 578 049 The Franchise Magazine: £25 for 10 issujs on subscription: 01603 620 301 ——————————————————————————————————7/8—— The real cost of buying a home 544 Download and Analyse Share Price on Your PC See Pages 532 & 533 Advice Savings Property Plus Shares