UK FRANCHISING Industry
Some Facts About Franchising
The UK Franchise market is in perfect condition. 20 years ago the franchise industry contributed just £5 Billion to the UK Economy now it adds £15 Billion to the UK economy – a surge of 46% over the past 10 years. The total number of people working within franchising has now reached 621,000 – a raise of 70% over the past 10 years.
Franchise owned or operated businesses has now reached 44,000 units – an increase of 14% . Over half of franchisees are now declaring an average turnover that exceeds £250,000. Employment has continued to increase with one-third of franchisees employing 10 or more staff. An incredible 97% of franchisees are running in profitability. Ownership changes within franchising is impressively low, with just 4.6%, and failures within franchising considerably lower than that of other start ups. An impressive 91% of franchisees have declared satisfaction with their franchiser. Multiple units are now being operated by 29% of franchisees. 80% of franchised brands are UK-owned and developed. One in five franchisees launched within the UK were set up by investors under the age of 30.
FRANCHISING INDUSTRY
An Overview
The franchise industry adds £15 Billion to the UK economy – a surge of 46% over the past 10 years. The total number of people working within franchising has now reached 621,000 – a raise of 70% over the past 10 years.
YOUR ACCOUNTANCY FIRM
Plan Your Journey
There are quite a few good reasons to start your very own accounting practice. You may have discovered a gap in the sector that your present employer can’t monetize …
EARNING FORECAST
Business Plan
We do not brag or give you unusual or unachievable targets. Your earnings potential depends on your effort. This would include, how you deal and signup clients, provide services and structure your business.
FAQ & ANSWERS
For your Information
We have made an effort to answer your questions which may come into your mind when you are looking for franchise. If you need more information please call our business development team.
Blogs & NEWS
A Little About Accountancy Franchise
Are you an aspiring entrepreneur looking to make a mark in accounting and finance? Look no further as we introduce
Accountancy Skills
Aspiring accountants should focus on developing certain abilities that will help them succeed in their careers. A successful job requires
Franchising History
The ambition to expand, the constraints of human and financial resources, and the necessity to overcome large distances have all
Let's Work Together
Call our office or email to book an appointment with our Business Development Manager to discuss your requirements.
Contact Us On
0800 135 7323