Franchises are a great way to start a new business, and that is backed up by the UK franchise scene experience growth of approximately 7% year on year. It’s a great way to start a new business, and franchising offers a more secure way to venture into starting your own business.
After all, when you take on a franchise business, you are buying into an established brand and proven work models that can take years to build up if you set out on your own.
Crunching the numbers
There are many statistics that show franchising is a low-cost and rewarding way to start a business. Back in 2018, UK franchises alone contributed around £17 billion to our economy and franchises ownership is increasing. Over 90% of new franchisees report making a profit, far higher than the 60% of non-franchise small or medium enterprises that start and then fail within five years.
Another significant statistic is that only around 1% of franchises fail each year, and that’s a sure sign that you will succeed if you put the work in and follow the franchise model. In fact, you might do so well that you become one of the one in three franchise owners that go on to take on additional franchises, giving yet more credence that franchises are a great way to start a new business.
Franchise models that work
You are probably using franchise operations without even realising. Businesses such as McDonald’sTM are around 80% franchise-owned worldwide. TimpsonsTM, the place for key cutting and shoe repairs, are also a great believer in the franchise way to expand their business.
Then there are the likes of us at Design Print Distribution Group. We offer franchises across the UK, giving our franchise operators an area to work from that gives them the perfect opportunity to build a business where they live. Our franchise opportunity opens up the world of door drop marketing without worrying about going it alone. We offer a complete support package and the benefit of our many years in the industry to ensure that you are up and running and fully confident to move your new franchise business forward. We are even known to pass on leads and business to our franchisees to companies within your area that could benefit from your local knowledge to get you started. You can be sure we are always happy to help with the practical stuff too.
Get a franchise that works for you
Huge household names offer franchises, and these can be a little costly or too big a commitment for some, so choosing a franchise opportunity with us could be perfect for you. Our franchise is a great personalised package, and you still get to be the boss. The great thing about a door drop marketing franchise is that we advertise many other businesses, both for long-term and short-term campaigns, so we are never short of work.
We have a growing number of successful franchise operators around the country, proving that what we do works. However, we want more, as our business thrives on local knowledge, and we want even more franchise owners to share our success.
Photo by Benjamin Davies on Unsplash