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FEBRUARY 2017


Number of UK businesses at record high


should be proud of our entrepreneurs, business leaders and innovators. The government is committed to ensuring Britain builds on its success and is the best place to start and grow a business.” Small- and medium-sized fi rms account for at least 99 per cent of businesses in every main industry sector. The total number of businesses in London has also reached one million for the fi rst time and the number of businesses employing people across the country has risen for the third year running.


Small business minister Margot James added that there are a million more small businesses now than in 2010, and it’s important to recognise the contribution they make to local communities and the national economy.


n The number of private sector businesses in the UK has hit a record 5.5 million, according to offi cial statistics released by the Department for Business, Energy and Industrial Strategy.


The Business Population Estimates


report has revealed that, at the start of 2016, the UK had a million more small businesses, 4,000 more medium-


sized businesses and 900 more large businesses, a total increase of 23 per cent compared with 2010. Business and energy secretary, Greg Clark, said: “Britain’s businesses are the heroes of our economic revival and it is great to see the number of businesses rise by over a million since 2010. “Our job creators don’t always get the praise and respect they deserve but we


Margot said: “This government wants enterprise to thrive; our Start Up Loans scheme has awarded more than £250million to new entrepreneurs and a network of growth hubs connect fi rms to advice and support. “Today, we are also launching a consultation on the small business commissioner, who will be a strong representative for small fi rms across the UK.”


It could be you!


n Dani Smith, joint managing director for the online marketing franchise What’s On In, says 2017 is going to be a bumper year for online advertising. Spending on digital advertising has grown at the fastest rate for seven years, according to The Internet Advertising Bureau, and What’s On In is set to open more franchises in 2017. Many of the UK’s top locations are taken, but some of the top tourist spots are still available. More and more businesses are desperate to go online and the low-


cost Whats On In franchise is the perfect platform for any business to run its advert. Each franchise off ers an exclusive postcode area and it does not necessarily have to be your own – the master franchise for Spain is owned by someone from Manchester. With What’s On In’s 50-50 system you could acquire any available postcode area of your choice. With online search now so popular,


What’s On In’s website platform off ers any business the opportunity to go online and add well-known affi liates to the website, including Marriott International, British Airways and Virgin – What’s On In ensures great branding. The business is set for European expansion and the team expect the franchise to hit 200 area locations in 2017. With a What’s On In franchise there is an overwhelming amount of business that can be approached. A typical day for a


Dani Smith


franchisee would involve contacting businesses to off er the opportunity to take advertising space on a web page of their choice.


February 2017 | BusinessFranchise.com | 9


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