Franchising key facts
Modern franchising is home to a vast array of business sectors, both B2B and B2C, blue collar and white collar, from home-based operations to some of the world's most recognised brands. The chances are that most people use the services of a franchise business each week etiher personally or professionally, even if they don't realise it at the time.
The British Franchise Association’s list of accredited members demonstrates the scope of business types in franchising.
In 2015 franchising set a number of new records as its performance continues a remarkable rise over the last decade. New benchmarks in turnover, profitability, numbers of franchisee-owned businesses and jobs created by the sector highlight the important and growing contribution of franchising to the UK's economy.
The following statistics, from the bfa/NatWest Franchise Survey 2015, show the health of UK franchising:
Franchise industry statistics
Industry annual turnover: £15.1bn
Number of franchisor brands operating in the UK: 901
Number of franchisee outlets: 44,200
Number of people employed in franchising: 621,000
Percentage of units profitable (including new businesses): 97%
This has grown from an industry that 20 years ago had a turnover of just over £5 billion, had 379 different brands and represented 18,300 franchisee outlets.
See the full overview of the bfa/NatWest Franchise Survey 2015.