With over 900 franchise brands and 44,000 operations, it’s fair to say the UK high street is buzzing with franchise activity.
Often unbeknown to the public. Most of us recognise McDonald’s as a global franchise, but Dominos, Costa and many more sing from the same hymn sheet.
In the past ten years the franchise sector’s contribution to the economy has grown by 46 per cent, bringing in £15.1 billion last year.
For Brits who want more independence over their career it is certainly an attractive option. Nine in ten franchises report profitability, but the risk in setting up a business is mitigated by being part of an establish organisation.
To help people navigate the mire, Reed Commercial has created this infographic for those seeking a new start.
