If you are looking to get involved in the retail sector, there is no better way than through a well-established franchise. With some of the biggest names from the high street looking to expand into local towns and smaller cities, there is so much opportunity for keen business owners to become flourishing franchisees.
The retail sector has greatly recovered from the 2008 recession - in 2016, the UK retail industry generated £358 billion in sales, which made up for 5% of the UK’s total GDP. This is a massive £37 billion more than in the previous year, so it is clear this sector shows no signs of slowing down.
People no longer want to venture to the nearest city to buy. They want stores in their local towns, and this provides the perfect opportunity for large franchises to grow. Excellent news for potential franchisees!
Many of the largest retail businesses are now recruiting for franchisees in response to consumer demand for bigger brands closer to home. These are businesses you are your customers will be familiar with including Cex, Guinot, Subway, Mail Boxes etc., McDonalds, Vom Fass, and many more.
One of the greatest benefits of running a retail franchise is that much of the marketing work has already been done for you. Your customers know what to expect from your business and are just waiting for it to come to their local town!
In addition, as a franchisee you benefit from a tried and tested business model built on years of experience – you don’t even need any qualifications or prior experience. All that is required is a desire for your business to succeed.
If you are looking to get stuck into retail, a franchise might be an excellent option for you. Get in touch today to find out about some of the exciting retail franchise opportunities available.