NEWS & TRENDS Franchise Brands celebrates a decade


u Franchise Brands, an international multi-brand franchisor, is celebrating its 10-year anniversary. A combined network of more than


450 franchisees in 12 countries operate under five brands in a variety of industries. The group was founded in 2008, but its well-established brands have a combined trading history of almost 100 years. Executive chairman Stephen Hemsley


says: “I am very proud of our success and would like to acknowledge the huge contribution of our franchisees and the staff who work so tirelessly to support them. I am very excited about what the next 10 years might hold!” Julia Choudhury, corporate


development director, adds: “Our focus is on established franchise brands that can benefit from our shared support services, such as franchise support, marketing and IT, as well as our management expertise and experience. We look forward to welcoming additional brands into the Franchise Brands family in the future.”


FRANCHISE BRANDS: FIVE STARS


Franchise Brands, an international multi-brand franchisor, is celebrating its 10-year anniversary. The five franchises under its umbrella operate in household, automotive, cleaning and pet-related services.


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ChipsAway Ovenclean Metro Rod Metro Plumb Barking Mad


Women and millennials are boosting the industry to reach record levels


u New research from the British Franchise Association (bfa) has revealed that the UK franchise industry is operating at record levels, with much of the recent growth driven by female entrepreneurs and people under 30. There are now nearly 50,000 franchise businesses collectively providing more than 710,000 jobs and contributing over £17billion to the UK economy, according to the 2018 bfa NatWest Franchise Survey.


Pip Wilkins, the bfa’s chief executive,


says: “Thanks to franchising, more people are starting their own business and more jobs are being created. These figures show that, whatever your background, with the right attitude and ambition you can thrive. “The rate of female entrepreneurship


is well above the national SME average, testament to the franchise community’s drive to empower women into business. “And the sharp increase in under 30s starting their own business is thanks to the franchise model bridging the gap between experience and ambition. I’m delighted to see so many younger people realising they have a choice between going it alone or being employed. “Franchising now covers a huge range


of businesses, from hair care to healthcare, but it is still to reach anything like the levels seen in the US, for example. With so many younger people now entering the sector, the future is in good hands.” l


8


CURRENT FACE OF FRANCHISING OF ALL NEW FRANCHISEES:


27% 37%


are aged 30 or under


are women


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