<p>Professional service franchises have a very diverse target audience, spanning individuals and businesses. From wedding planning to will writing, professional service franchises can provide various white-collar services to their clientele.</p> <p>In fact, the Professional Services Global Competitiveness (PSGC) group, working in conjunction with one of the Chancellor&rsquo;s High-Level groups, was started to keep UK professional services globally competitive. The UK is already a leader in many professional services markets, both domestic and international. Popular professional services include legal, financial and accountancy-related and consulting services.</p> <p>A downturn in the economy bodes well for the professional service industry, as individuals and businesses need expert advice and professional services to guide them into making wise decisions. 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