190,000 new businesses to launch in the UK
The UK's business sector is set for an influx of new business startups through increased interest in franchising and a growing ambition to expand their networks on the part of franchise companies, according to a new survey carried out by The UK Franchise Directory.
'Redundancy, job insecurity and downturns in many sectors are driving thousands of people across the UK to seriously consider investing in a franchise to secure their future and build a valuable income generator and asset,' said the directory's publisher Roy Seaman (also publisher of The Franchise Magazine). 'The franchise industry has grown in popularity and stature as more and more people realise the benefits of investing in a franchise: namely a more successful and stable way to start your own business while avoiding the common pitfalls associated with self-employment.'
The UK Franchise Directory published new statistics on the size of the UK franchise industry in its new 22nd edition, which was launched at the recent British & International Franchise Exhibition in London. 'The UK Franchise Directory 22nd edition provides information on 159 food and beverage franchises, 159 retail franchises and 1,073 service franchises,' continued Roy Seaman. 'It's a franchise information goldmine and is packed with expert advice and guidance to help prospective franchise owners begin an exciting journey into the world of franchising.'