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What are the best franchises to own in the UK?
Finding the best franchises in the UK starts right here, with a range of tools to help you narrow the field and make a wise choice. Franchising has grown to be a significant force in the UK economy, worth £15 billion a year. There has been a 70% increase in its workforce in the past decade. High street names and trusted brands have realised the financial and strategic advantages of becoming franchisers. They can still guard their proven business models, at the same time as growing in partnership with passionate entrepreneurs.
Increasing numbers of British people are now attracted to the autonomy and flexibility of being their own boss. As a result, a report produced by the British Franchise Association (BFA) and NatWest showed that last year there were 44,200 franchisee-owned businesses in the UK, employing 621,000 people.
UK overview of the best franchises
Finding the best franchises in this vibrant and growing market comes down to one simple truth - you need the one that suits you. There are many famous names seeking more people willing to supply skills, enthusiasm, capital and effort to underpin their growth. These prolific and successful franchisers are highlighted on this page. However, many smaller companies are also appreciating the value of franchise partnerships. They offer you the chance to be one of the first of many, getting in on the ground floor.
The sector that excites you the most could also dictate what you view as the best franchises. There are packages available in a wide range of business fields – from care providers to car sales, and from food vans to fashion retailers. Not one franchise package is the same as the next. They range from basic licensing agreements to comprehensive business arrangements providing uniform, stock, equipment, training and management support.
The best franchise for you is the one that matches your experience and skill set. The one that interests you the most and excites your passion to be your own boss. It needs to fit your lifestyle too. Do you want a retail outlet open six days a week, or a mobile delivery service operating primarily in the evenings?
That’s not to say you don’t need to do thorough homework though. Sound business judgement goes alongside ambition and drive to find the best franchises.
Navigating your way to the best franchises
This page is designed to help you find the best franchises. Use the Search function to filter down the wealth of options. You can search by alphabetical order or by minimum investment required if budget is a factor in choosing the best franchises. There are category links on the side of the page to guide you too. The profile links on this page are for some of the companies seeking people for immediate discussions.
Select the best franchises for you, add them to your basket and check out to receive support in narrowing your choice down further. Need more food for thought when choosing the best franchises?
These five UK sectors are widely considered to have the most growth potential (in no particular order):