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Popular Franchises in the UK This Year

Popular Franchises in the UK This Year
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It is impossible to deny the impact that franchises have on the UK market. The franchise industry hosts a wide variety of business sectors and many people, consciously or not, rely on the services of a franchise in their everyday lives. That morning cup of coffee, fitness class or tax advice was more than likely delivered or facilitated by a franchise business so there is really no escaping its power! With an annual turnover of approximately £15 billion, it is clear that this is an industry at the top of its game.

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Finding a franchise that suits your lifestyle and needs will help ensure that it is both profitable and sustainable long term. Many people think that choosing a more well-known or established brand determines success, but this is not always the case.  It is about knowing yourself, what your own strengths are, and finding a business opportunity that allows you to utilise these things. What works for one franchise may not work for another, so it is good to keep this in mind!

In this blog, we take a look at three franchise sectors in the UK market that have been popular choices for franchise businesses in 2019: food, retail and home services.

Popular Franchises in the UK This Year
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Food Franchises

Food franchises are incredibly popular in the UK and there is truly a business to suit everyone in this sector. From fast food, to health food to wine and smoothie bars, there are an endless range of options on offer in the UK market and these options are continually expanding. A food franchise offers the possibility of a very profitable and sustainable career.

It is easy to see why on-the-go food businesses have been particularly successful.  In today’s hectic world, the presence of mobile food trucks and vans makes grabbing a quick (but filling) meal possible. There’s no need to worry about booking a table, leaving a tip or worrying about whether your food will arrive on time.

From a franchising perspective, it is also incredibly easy to learn the ropes of a mobile food business. Mobile food businesses offer franchisees a full set up of the business without any expectation of previous experience or knowledge of the food industry. It is easy to learn but also easy to expand – depending on how much time the franchisee wishes to commit to the business! It can be run on a part-time or full-time basis, which is certainly part of the appeal!

Health food franchises are also gaining considerable attention in the UK market and this comes as no surprise, given that we are more conscious of the impact that poor lifestyle choices can have. Health food shops, gyms, fitness apps and watches have never been more in demand and this new demand has hit the UK franchise market. Customers across the UK are now looking for fresh, wholesome and nutritious meals in a swanky setting and many businesses across the UK offer exactly that. Health food franchises offer healthy, nutritious and quick food options and that’s a winning combination to find loyal customers! As always, with any franchise, carry out key research on the location and market that you are targeting before firmly locating in an area, to ensure that there is sufficient interest in what you’re selling. 

Popular Franchises in the UK This Year
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Retail Franchises

Another firm favourite with the UK market in 2019 is retail opportunities. The main skills associated with running a successful retail franchise are customer service and an ability to be flexible. Trends in the retail industry are continually changing so it is important to keep up with the competition and know about any relevant developments concerning the product or service you are selling.

Franchisees in the retail sector are able to launch their business with an established product or service and customer base – so hitting the ground running is easy! Once you understand the brand message and how the location works with the other businesses and services in a particular territory, you are able to make a real impact in a particular community.

The retail sector offers the opportunity to develop businesses in areas such asphotography, cars, print, property, and internet. If you have an entrepreneurial streak and strong interpersonal skills, this could be a dream career for you! 

Popular Franchises in the UK This Year
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Home Services Franchises

Home services franchisees are in high demand this year. The number of people in full employment is steadily rising and people simply do not have the time to complete the necessary household tasks and repairs. People are living longer and need quality care in their homes, and help with managing their chores. We have also become much more safety conscious and often prefer to hire a professional to carry out jobs such as fitting locks on doors, fixing leaks and cleaning the house from top to bottom. 

Franchisees wishing to make an impact in the home services sector have never been in a better position to do so. The home services sector is both Brexit and recession-proof, so this is a franchise option worth considering. Many franchisors in this area offer full training and support, and provide a fully working and established business model. It is a sector that is not restricted to a particular location either, so franchisees could take this kind of business anywhere.

Franchises contribute enormously to the UK economy, and this contribution looks firmly set to increase. The number of people in full time employment, with a franchise, has increased by 70% over the past ten years. In short, the British franchise industry has never been more prosperous!

Find YOUR ideal franchise opportunity right here.

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