THE L A TES T REP OR T S FR OM B US INES S ES
IN FR ANC HI S ING NEWS&TRENDS
Latest survey confi rms franchising still favored route to success for entrepreneurs
Data from a recent survey conducted by The Franchise Exhibitions and BusinessesForSale. com brings fresh perspectives to light for anyone looking to invest in a franchise. The revealing answers to questions
such as: ‘What makes a franchise brand attractive?’ and ‘What prevents you from investing?’ paint a picture of franchising as a much-trusted business model for both existing and new entrepreneurs, with an overwhelming 75% of respondents agreeing that the advantages being a franchise owner far outweigh any drawbacks. For 57% of responders it’s exactly
the backing and support that a franchisor brings along with the established reputation of their brand that holds the key to success. Similarly, over half of those surveyed affi rmed that among the benefi ts drawing them towards the model are the existing marketing strategies and the ongoing training and support that franchising is famous for. And, with the majority of
respondents being under the age of 45, it’s safe to say the results refl ect a new generation’s strength of confi dence in franchising as a route to business success!
NEWS&TRENDS
Alongside these fi gures, the survey found that: 48% of entrepreneurs believe a franchise should demonstrate environmental, corporate, and social responsibility
Nearly half questioned are looking for a franchise that comes with strong growth potential
70% of entrepreneurs want to meet franchisors face-to-face before they make a decision
“70% of entrepreneurs want to meet franchisors face-to-face before they make a decision”
52% say speaking to existing franchisees is crucial
These, and many other requirements prospective franchisees have as they embark on their research, are easily met during a visit to one of the Franchise Exhibitions held twice a year at Olympia London and at the NEC, Birmingham. The next event, The British & International Franchise Exhibition, takes place over 2 & 3 February 2024 at Olympia London. For more information and to register for free tickets visit
franchiseinfo.co.uk.
BusinessesForSale.com works with
over 700 franchise brands across various UK regions – from food to education, there’s a business opportunity to match whatever you’re looking for.
BUSINESSFRANCHISE.COM 5
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68
