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Industry News Centre

Thousands of Pounds Raised for The Franchise Trust During the Great British Franchise Cycle

The franchising industry collectively raised £2,340 for The Franchise Trust by cycling throughout August as part of the Great British Franchise Cycle (GBFC). 
Organised by The Franchising Centre, HSBC and the bfa, nine teams collectively cycled 12,971 miles, six times the length of the Tour de France, with team members who really went above and beyond being invited to the National Cycling Centre in Manchester on September 9, cycling on the velodrome, and meeting cycling ambassadors Lauren Bate, Ryan Owens and Blaine Ridge-Davis. Both Ryan and Lauren are Commonwealth Games medallists, while Blaine, who is also a keen BMX rider, is on the GB Senior Academy.

Representatives from The Franchising Centre, bfa, HSBC, NIC, Revive!, Morris & Co, Driver Hire and Barclays Bank were in attendance, while Hitachi Capital Franchise Finance took part in the GBFC throughout August. 

The aim of the GBFC was to raise money for The Franchise Trust. The charity identifies people to train in regions where there are entry level job vacancies or work experience opportunities in franchising, the main aim being to provide people with improved futures in franchising. This will continue to grow as the bfa is committed to ensuring the industry is accessible to everyone in some way. 

The Franchise Trust trustee and director, Emily Price, COO at the bfa, stated: “The charity can offer a huge collective potential for the franchise sector to give back to the UK economy. It is fantastic that so many people took part in the GBFC this year, getting fit and raising money for an important cause. Thank you to HSBC and The Franchising Centre for supporting us.”

The velodrome experience at the National Cycling Centre saw participants make the most of the facilities available by riding on the track. The fastest lap on the day went to Ben Buckle from Driver Hire, with a time of 18.99 seconds. 

Other award recipients included The Franchising Centre for raising the most money (£740), Morris & Co Chartered Accountants claiming Best Team Effort, Caitlin Cook, PR Officer at the bfa winning the Most Determined Individual, Paul Hansen of Hitachi Capital Franchise Finance claiming the Best PR Photo and the Most Miles Completed went to Driver Hire, who collectiving rode 2,527 miles. 

Alan Wilkinson, Head of Franchise Development at The Franchising Centre, stated: “The experience at the velodrome was amazing and we are very happy to have been involved in making the Great British Franchise Cycle a success.”

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