Franchising In The UK

Franchising in the UK is on the rise! Through existing franchises and new entrants to the UK Market, franchising is an industry in the UK that has witnessed rapid expansion in recent years, with further growth predicted for the near future.

By helping to drive forward the development of the UK economy, franchising in the UK has been described as one of the essential new enterprise sectors contributing to general wealth creation.

There is a great desire in the UK for business people to start up their own business. The majority of business start-ups in the UK are predominately in sectors such as services, IT, manufacturing and construction, more and more people are actively seeking information on franchising in the UK.

Key Facts About The UK Franchise Industry:

• A franchise business can only operate in an industry with reasonable margins, because of the split of income between franchisor and franchisee. The UK now has one of the top incomes in the EU and is a very attractive location for franchises from all over the world.


• Franchising is almost exclusively a service orientated business and as the UK's economy becomes increasingly dominated by services, franchise companies will be benefit accordingly.


• Despite a downturn in the economy, the pet industry is growing. According to the National Office of Statistics, in 2008 £4.3 billion was spent in the UK on pet products. In 2007, spending on pets ranked 37th in the weekly expenditure list by UK households, this is ahead of cakes, cosmetics and holidays.


• Pet products and services are increasing in value. In 2008, Intune Insurance Company published a survey which found that keeping a dog costs an average £13,000 over its lifetime, which is a 24% increase on the same cost in the year 2000.


• Pet Business Franchises are really taking off, with a variety of services now being sought by the consumer in an effort to really pamper their pet. Whilst the people in the UK continue to love their pets, the pet business grows bigger every year.