FranchisingWorks is a social enterprise that tackles unemployment by helping create new businesses and jobs through franchising. It provides independent advice and practical support to people interested in exploring franchising as a way into self-employment.
FranchisingWorks has access to sources of finance to help meet the start-up costs for successful candidates with insufficient financial resources of their own. This includes its own fund with a £1million investment from Big Society Capital, which is used as loans to invest in franchise licences for unemployed candidates needing extra financial support.
FranchisingWorks is currently operating in Greater Manchester, although Licence Fund loans are open to unemployed people anywhere in the North East or North West of England.