The franchise business will contact you by means of email and/ or telephone only to the email address and phone number you have provided.
By submitting the enquiry form you are consenting to send your personal information to the selected franchise business.
You also agree to receive further newsletter email marketing from What Franchise.
How successful is franchising in the UK?
That would depend on how ‘success’ is defined and as far as I’m aware nobody sets any criteria or creates any measures for franchising as such.
The annual NatWest/British Franchise Association survey regularly publishes good news such as more franchisors, more franchisees and greater total sales than the previous year, and it usually claims that a large majority of franchisees are profitable and are happy with their relationship with their franchisor, although no targets are ever set in advance for what level would be acceptable for any of these items. Even if they were, who would be responsible for achieving them? Compared to many other countries, we could also claim to be successful in that there is no franchising specific law in the UK and there is never likely to be, and even when there are some large-scale business failures of franchised networks they never attract much publicity.
On the other hand, if we were to compare the number of franchisors or franchisees per head of population, the percentage of gross domestic product that goes through franchised outlets or the level of awareness of franchising among the general public then the UK would be a long way behind other English speaking countries such as the USA, Canada, Australia and New Zealand.
So whether franchising is successful depends on your point of view. Generally speaking, I would say that it is, but we have a long way to go before it’s as successful as it could be, by any measure.
You might also be interested in
Answered by Vincent Anthony
Vincent Anthony writes: The property market has wide appeal because it is relevant to everyone: we all... read more
Answered by Louise Harris
Louise Harris writes: Richness or wealth is relative. We always want more, I guess. So, what is... read more
Answered by Shelley Nadler
Shelley Nadler writes: A concern that businesses may have when deciding to franchise their business, is the... read more
Answered by Alan Wilkinson
Alan Wilkinson writes: There are two elements to consider here. First is the franchise fee itself, and... read more
Exciting Franchise Opportunities
Companies to Consider
At least £8,000
Just Shutters Business
£50,000 - £100,000 profit
Third party sources
Through third party
The Bike Fitters
Operational breakeven in the first month of trading and return on capital investment from approx.18 months
Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
Added about 3 weeks ago | 2 min read
Added 3 weeks ago | 2 min read
Added 3 weeks ago | 2 min read
Find your next business opportunity
Search 100s of UK franchises and become your own boss today.
What Franchise Newsletter
Keep up to date with all the industry news