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Introduction: Operates business centres in big towns. This business was founded in 1999 when four former franchisees of an American city-centre chain decided to exploit their 10 years of experience. Their idea was to offer businesses office space for rent and to be on hand to offer a range of consultancy services, which would add considerable value. Our business centres enable companies to keep costs down and increase profitability. BFI operates in a growing market and targets businesses offering professional services, consultants, start-ups and corporate subsidiaries. There are eight centres currently open in France.
Franchisee requirements: An experienced executive with an entrepreneurial mindset, business acumen, and who is organised and good with people. Even better would be if the franchisees have a good knowledge about starting a business and the latest information and communication technologies. This franchise is also open to investors.
Advantages: BFI is good at adapting its services to meet the demands of its target market. This is a flexible franchise opportunity and BFI business centres are in a well organised network, overseen by a strong management team.
Other information: The success of BFI business centres can be broadly attributed to the fact that companies increasingly want to focus on their core activities. Because of this, there is a trend towards paying third parties to help with some of their other functions to reduce start-up costs. Outsourcing also gives them flexibility with regards to administrative and staff costs. Companies are increasingly aware of the importance of keeping abreast, and being among the first to take advantage, of advances in technology - another reason why people turn to BFI.
Activity: Office rental with business consultancy services.
Total investment: You get 600m2 of office space in a business district for a total investment of between €200,000 (£143,000) and €250,000 (£179,000).
Personal contribution: €120,000 (£86,000), 40% of total