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1 Choosing a social franchise or Business in a Box Keith Richardson ESFN, CoRE and Economic Partnerships

1 Choosing a social franchise or Business in a Box Keith Richardson ESFN, CoRE and Economic Partnerships

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Page 1: 1 Choosing a social franchise or Business in a Box Keith Richardson ESFN, CoRE and Economic Partnerships

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Choosing a social franchiseor Business in a Box

Keith RichardsonESFN, CoRE and Economic

Partnerships

Page 2: 1 Choosing a social franchise or Business in a Box Keith Richardson ESFN, CoRE and Economic Partnerships

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Social Franchising defined

• The social franchisor• A social franchisee• A common brand• Interchange of knowledge

Page 3: 1 Choosing a social franchise or Business in a Box Keith Richardson ESFN, CoRE and Economic Partnerships

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Why take up a social franchise?

Page 4: 1 Choosing a social franchise or Business in a Box Keith Richardson ESFN, CoRE and Economic Partnerships

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Why take up a social franchise

• Reduces cost• Speeds up development• May be impossible without it• Share development costs• Proven model• Established brand• Strength in Unity

Page 5: 1 Choosing a social franchise or Business in a Box Keith Richardson ESFN, CoRE and Economic Partnerships

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Advantages in practice

1. An established and credible brand; 2. CoRE website & Network3. ESCoRE, CoRE’s Energy Supply Company, 4. Support and expertise from existing CoREs;5. Joint purchasing and links to technology

providers;6. Shared development models7. Shared equipment eg Met Mast8. Shared documentation – eg land lease9. Technical expertise 10. Training courses

Page 6: 1 Choosing a social franchise or Business in a Box Keith Richardson ESFN, CoRE and Economic Partnerships

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Advantages in practice

But retain

1. Local control,

2. Local knowledge,

3. Local credibility,

4. Enthusiasm.

Page 7: 1 Choosing a social franchise or Business in a Box Keith Richardson ESFN, CoRE and Economic Partnerships

Other examples

Page 8: 1 Choosing a social franchise or Business in a Box Keith Richardson ESFN, CoRE and Economic Partnerships

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Advantages in practice1. Known brand – known buss-model

2. Acces to group and railway company-benefits1. Location 2. # bicycle racks3. Secured parking (hardware, software, orgware)4. …

3. Financial benefits1. Financial return from Holding2. Lower Renting prices3. Smart business-plan/model

4. Communication1. Website2. Railway stations3. Brochures/flyers/…

Page 9: 1 Choosing a social franchise or Business in a Box Keith Richardson ESFN, CoRE and Economic Partnerships

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Advantages in practice5. Extra - Services

1. Tourism: B-dagtrip2. Blue-bike 3. Only possible as network

6. Knowledge1. Learning network2. Network notes3. Example-contracts, pricing,…

7. Joint purchasing and links to hardware providers;

8. Shared development (ex. Blue-bike)9. Shared documentation 10. Technical expertise 11. Training courses12. New partnerships are possible

Page 10: 1 Choosing a social franchise or Business in a Box Keith Richardson ESFN, CoRE and Economic Partnerships

What to look for in a social franchise

1. Operates in a local growth area

2. A well developed model

3. Capacity of social franchisor

4. Tangible benefits at the right price

Page 11: 1 Choosing a social franchise or Business in a Box Keith Richardson ESFN, CoRE and Economic Partnerships

What to look for in a social franchise

5. Adds credibility

6. Successful profitable franchisees

7. Internal quality systems for monitoring franchisees

8. Growth benefits all

Page 12: 1 Choosing a social franchise or Business in a Box Keith Richardson ESFN, CoRE and Economic Partnerships

Resources

• ESFN - Opposite’s Attract, Case Studies, Directories

• Social Enterprise UK

• Social Innovation Exchange

Page 13: 1 Choosing a social franchise or Business in a Box Keith Richardson ESFN, CoRE and Economic Partnerships

Group Exercise

• Select a social franchise

• What are the advantages

• What are the disadvantages?

Page 14: 1 Choosing a social franchise or Business in a Box Keith Richardson ESFN, CoRE and Economic Partnerships

Key lessons learnt?

Page 15: 1 Choosing a social franchise or Business in a Box Keith Richardson ESFN, CoRE and Economic Partnerships

Contact

• www.socialfranchising.coop

[email protected]

Page 16: 1 Choosing a social franchise or Business in a Box Keith Richardson ESFN, CoRE and Economic Partnerships

Key points from group 1

• Need strong model first • Importance of the brand• Franchisees must be allowed flexibility• Innovation also comes from franchisees• Range of working approached that is very

developmental to fixed model• Don’t need a licence

• Social franchise s happens to people

Page 17: 1 Choosing a social franchise or Business in a Box Keith Richardson ESFN, CoRE and Economic Partnerships

Key points from group 2

• How can we all get involved in social franchising?• How do we all get involved in starting up social

franchising – not just for social franchisors• Ensure jargon free plain English• Social franchising brings independence – it does not

increase dependence