6
Happy New Year!
Business
Franchise
O
K, SO the recession may have The health and fi tness industry has
dominated the news in 2009, but fared well in the downturn, too, as our
EDITORIAL & PUBLISHING
let’s not forget how the franchise market focus reveals. David Beattie
EDITOR
industry held its own and contributed a from energie Fitness says: “Exercise has
column
Alison Ledger
massive £11.4 billion to the UK’s GDP (bfa/ become a part of people’s lifestyles and 2
NeeD
KnoW
editor@businessfranchise.com
NatWest survey). It also expanded as the so they are making fi nancial cuts in other
’S
total number of franchise systems increased areas of their lives.” Discover why now is
“Imagine SUB EDITOR
Vesna Siljanovska
by 3.6 per cent. the perfect time to join this billion-pound what your
vesna@businessfranchise.com
The survey also revealed that 82 per sector on page 24.
R
life will be
cent of franchisors anticipate their business As the new year beckons, so will
ART EDITOR
potentially life-changing resolutions. So,
like in fi ve
will improve or stay the same for the next
Adrian Lincoln
O
12 months. This is an understandable dip wishing you a happy Christmas and a years if
adrian@businessfranchise.com
from 95 per cent in 2008 as we have seen successful 2010, I’ll leave you with the
you don’t PUBLISHING DIRECTOR
IT
the likes of Coffee Republic and, most words from one franchisee (page 19):
take the
Tracy Shah
recently, Threshers’ owner First Quench “Imagine what your life will be like in fi ve
ADVERTISING
Retailing go into administration. However, years if you don’t take the chance. If you
chance...”
PORTFOLIO MANAGER
as legal expert Manzoor Ishani advises, do what you’ve always done, you’ll get
Michael Seaman
ED
all is not lost for the franchisee if this what you’ve always had – look at what
020 8394 5229
happens: “It seems to me when a franchisor you want to be in fi ve years and whether
michael@businessfranchise.com
goes bust it is not always bad news for your current choices are going to take
franchisees. They may end up owning their you there.”
ACCOUNT MANAGER
■
own franchisor company or becoming
Nathalie Storey
020 8394 5281
franchisees of another franchisor, who
nathalie@businessfranchise.com
having made a recent purchase is more
likely to take its investment more seriously.”
ADVERTISING EXECUTIVE
For more information on what to do if your
Louise Sym
franchisor fails, visit www.businessfranchise.
020 8394 5283
com advice/fi nancial-legal. For the full news
louise@businessfranchise.com
story on Threshers, see page 8.
ADVERTISING PRODUCTION
Wondering what to expect in your fi rst CO-ORDINATOR
year as a franchisee? Five franchisees look Alison Ledger Ojesh Lal Singh
back at the high and lows of year one in Editor
020 8394 5272
this month’s special feature, page 19.
ojesh@businessfranchise.com
SUBSCRIPTIONS
020 8394 5215
subscribe@businessfranchise.com
www.businessfranchise.com
BRITISH FRANCHISE
ASSOCIATION
01865 379 892,
www.thebfa.org
Editorial and advertisements for companies
featured in Business Franchise (BF) represent
neither endorsement nor recommendation of
such companies by VMG nor its employees.
Readers are advised to seek franchising
advice before entering into any contract with
companies or persons mentioned in BF editorial
and advertisements.
December/January 2010
www.businessfranchise.com
BF006_Editors Column_Dec/Jan09.indd 1 19/11/2009 09:47
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