A Better fit
For Papa John’s, the franchise business model fits in perfectly with our entrepreneur culture and mindset by providing the framework to work in partnership with likeminded franchisees and together build something special.
For you, owning a franchise is the perfect way to own a business while avoiding many of the risks associated with starting out on your own independently. We awarded our first franchise in 1984. Over this time, we have built up the experience and practical hands on knowledge in supporting the people who invest in to our business.
Working for yourself, but not by yourself
An often-used phrase in franchising states that you are “working for yourself, but not by yourself”. Like many such statements it absolutely rings true. The prospect of going self employed can seem a daunting one. We award the Papa John’s franchise to passionate people from a wide range of career backgrounds all with differing skills but may need support in key areas such as customer acquisition and operational delivery.
By owning a Papa John’s franchise, you will be expected to put in the same level of effort, time and enthusiasm you would if going it alone. The management of your Papa John’s franchise will be down to you, but that doesn’t mean you’ll go it alone, far from it. You will enjoy the benefits of our world class training, operational systems, Global brand and National marketing. You will also enjoy the benefits of being part of a well-established network of franchisees who embrace a community spirit of sharing and supporting one another.
Papa John’s is a proud member of the bfa
We are proud to be a full member of the British Franchise Association (bfa). To gain full membership, the bfa have approved our agreement, investigated our financial stability and randomly questioned our franchisees regards our business practices.
This will give you confidence that we subscribe to a professional code of ethics, that franchising experts believe that our agreements are fair and that our franchisees benefit from a credible business opportunity.
The British Franchise Association (bfa) is the only voluntary accreditation body for franchising in the UK. Its remit is to develop and continuously improve the standards of good practice in franchising and to accredit franchisors who meet these standards. The bfa represents hundreds of UK franchise brands each vetted against a strict code of ethics and business practice.
For further information please visit their website: http://www.thebfa.org/about-bfa/code-of-ethics
Banks love franchising as the format demonstrates a lower failure rate with a high success rate compared to traditional business ownership. We work closely with the franchise departments of the main high street banks including NatWest, Lloyds Banking Group and Hitachi Capital. Our close working relationship involves regular updates on the performance of Papa John’s and the franchise network. Through our close working relationship with the banks we arrange meetings with local relationship managers and to ensure that they are fully briefed when they meet with you.
We’re pleased to say that every franchisee requiring funding whose business plan has been signed off by ourselves, has received the funding that they required.
Typically the banks will provide lending for up to 70% of the total investment, including working capital.