- The franchise industry is now estimated to be worth £12.4 billion.
- The overall number of franchise systems is 809, an increase of 3% on the past five years
- There are an estimated 383,000 people employed in franchising.
- The vast majority (91%) of franchisees say their business is profitable.
- The internet is the main recruitment channel.
- bfa membership gives great assurance to any prospective franchisee.
- Relationships between franchisees and franchisors are healthy, with 88% reporting satisfaction in their dealings.
- 65% of franchisors state the greatest hindrance to franchisor growth is the lack of suitable franchisees.
|
Franchise Industry
