The UK Franchise Market
Franchise Sector still growing
The 2010 Nat West survey into the UK franchise market shows that ·Annual turnover rose by two per cent to £12.65 billion. There are currently 320,000 franchisees 92% of which say they are profitable. "Franchise Market"
Contains answers to all the important questions about franchising and why it is successful. Why should you buy a franchise, what should you look for etc. The answers are all here.
Thinking Of Buying A Franchise?
The UK economy is booming due to high levels of disposable income, about 20% above the European average.
As one of the most densely populated countries in Europe, 15 UK cities have populations of over 250,000, this means customers in a franchise trading territory are within easy reach – as long as you’ve got your proposition and marketing right.
Franchise systems from countries such as the USA and Australia, who lead the way in terms of franchise industry growth, find it easy to enter the UK market and ‘homegrown’ innovative entrepreneurs and franchisors are cornering niches.
Whether you’re looking to buy a franchise from one of the big international names or want something new and different there has never been a more promising time to become a franchisee.
Franchise Industry goes from strength to strength in 2009
Each Year the BFA and Natwest release a franchise industry report 'The Natwest/BFA survey'. Release in March 2007 it is reported that the franchise industry contributed over £10.8 billion to the UK economy in the last 12 months and has grown by 41% in the last decade.
The average turnover for a franchise has also grown to £323,000 a year and looks set to continue to rise.
Bpconnect is still making waves in the franchise marketing
