Monkey Puzzle Franchise News
UK Franchise Sector Goes From Strength To Strength
If ever you were considering a day nursery franchise, the omens for success could not be more positive! Once again franchised businesses across the UK have reported continued growth with record highs in turnover and full time employment as reported by the 2013 NatWest/BFA survey.
This most recent survey looked at the 5 years since the country entered recession back in 2008. During this period the UK franchise sector has grown by 20% compared to a 2.5% contraction in the overall economy during the same period!
Other key statistics unveiled by the survey were that the franchise sector contributed £13.7 billion (just under 1% of UK GDP) to the economy in the past 12 months.
Over 250,000 full time jobs were recorded for the first time ever in UK franchise history and when you add in part-time jobs the figure rises to over 560,000 which represents an increase of 20% in the last five years.
Looking at a regional level the franchise sector once again confounded economic trends even in some of the the areas worst hit by the economic difficulties of the last 5 years. Not only did every part of England and Wales record growth in franchise turnover, but there were some outstanding figures posted, with the South East increasing by a huge 42%, Wales 33%, the North West 27% and the North East by 14%.
Brian Smart, Director General of the British Franchise Association, commented, “UK franchising offers thousands of people each year the opportunity to take on their own sustainable business, in turn creating employment for many thousands more – a success that has continued through hard economic times while other parts of the economy have struggled.”
“The exceptional performance of the franchise sector since 2008 augurs well as the UK returns to business growth and prosperity. There are now nearly 1,000 franchise brands operating in this country across multiple business sectors, offering plentiful opportunities for those undertaking the necessary research and due diligence to join the franchise success story.”
So if you have been considering the move into the franchise sector and the day nursery franchise sector in particular, now is the time!
The trend continues to prove that a franchise business offers the greater chance of success over simply starting a small business.
Of course here at Monkey Puzzle Nursery Franchise, we try to simplify things further by offering funding support and full training so that when the doors to a new Monkey Puzzle Day Nursery open our new franchisees are ready and prepared and on the way to a successful, profitable business!
So if you want to get started simply register for your free information and registration pack.
Interesting linksHere are some interesting links for you! Enjoy your stay :)
Monkey Puzzle News
Monkey Puzzle Day Nurseries Ltd
Herts, HP4 2UB
Telephone: 01442 878887