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SPECIALFEATURE


Now the dust has settled, the question is: what does Brexit mean for franchising? Words: Flora Neighbour


to the Huffington Post, the government’s new Brexit department has already spent more than a quarter of a million pounds of taxpayers’ money in legal advice because even the government are uncertain, raising concerns over how prepared we are to leave the EU. This uncertainty is ruffling feathers with entrepreneurs and franchise owners, and, understandably, people want an answer. Mike Cherry, national chairman at the Federation of Small Businesses (FSB), called for the government to shine a light on issues such as the single market. He said: “Nearly a quarter of FSB members export, with the majority exporting to the single market. Access to the single market means access to 500 million potential consumers,


I


t might sound unnerving, but the truth of the matter is nobody knows exactly what Brexit will mean for business. Despite this, people are still searching for an answer. According


Franchisor News | 25


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