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Franchising News

  • UK FRANCHISE INDUSTRY GROWS BY £1 BILLION

    Updated 26 Jul 2017

    Sector continues to generate sustainable business start-ups despite tough trading conditions Undeterred by ongoing economic pressures, the turnover of the UK franchise industry grew by £1 billion to £13.4 billion in 2011,...

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  • REASONS FOR START-UP FAILURE HIGHLIGHTED

    Updated 26 Jul 2017

    Inexperience and overspending contribute to failure of a third of young entrepreneurs in the UK According to some of the UK’s most successful entrepreneurs, other reasons include creating an overambitious business plan,...

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  • YOUNG ENTREPRENEURS SAY SMARTPHONE IS AS IMPORTANT AS A CAR OR LAPTOP

    Updated 26 Jul 2017

    More than half of young entrepreneurs believe a smartphone is as important to running a business as a car or laptop, a new survey commissioned by accounting software company Xero has...

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  • FRANCHISE FOCUS AT HOUSES OF PARLIAMENT

    Updated 26 Jul 2017

    Industry leaders met with 30 UK MPs on October 31 to discuss economic impact of franchising   “Franchising has developed into an important industry encompassing small operations run from home, through to...

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  • WOMEN ARE NATURAL ENTREPRENEURS

    Updated 26 Jul 2017

    44% believe business talents cannot be learnt, as they possess inherent skill set In research undertaken by specialist small business insurer Hiscox, the results found that 82 per cent of female...

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  • FRANCHISING CONTRIBUTED £12.4 BILLION TO THE UK ECONOMY IN 2010

    Updated 26 Jul 2017

    An increase of 5% on 2009, claims the latest British Franchise Association/NatWest Franchise Survey In line with this expansion, the bfa believes around 521,000 people work within the franchise industry (465,000 in...

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  • DSA CALLS ON UK GOVERNMENT TO AVOID EXCESSIVE RED TAPE

    Updated 26 Jul 2017

    Protect the direct selling industry from potentially restrictive legislation, says director general Speaking at the association’s annual conference, attended by over 200 delegates from some of the largest direct selling companies in...

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  • UK franchises grew in 2009

    Updated 26 Jul 2017

    UK franchises continued to grow during 2009 despite touch economic conditions, according to the latest NatWest/British Franchise Association franchise survey.The industry contributed £11.8billion to the country’s GDP last year, an increase...

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