CNA International Franchise Talk

A bit about franchising - some simple UK facts

[fa icon="calendar'] 24-Aug-2016 10:30:50 / by Gavin Chase posted in Franchising, franchise, franchisee, franchisor, master franchise, why franchise?, bfa, risks of franchising, buying a franchise

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Modern franchising is home to a vast array of business sectors, both B2B and B2C, blue collar and white collar, from home-based operations to some of the world's most recognised brands. The chances are that most people use the services of a franchise business each week etiher personally or professionally, even if they don't realise it at the time.

Franchise industry statistics

Industry annual turnover: £15.1bn
Number of franchisor brands operating in the UK: 901
Number of franchisee outlets: 44,200
Number of people employed in franchising: 621,000
Percentage of units profitable (including new businesses): 97%

This has grown from an industry that 20 years ago had a turnover of just over £5 billion, had 379 different brands and represented 18,300 franchisee outlets.

 

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