A franchise consultancy is reporting a surge of interest in franchising from firms looking to expand
The Franchising Centre’s domestic and international divisions, who deal with businesses that are chasing growth by seeking to franchise their operations, have seen vast upturns in enquiries since the turn of the year.
Chairman Brian Duckett says: “It appears that the dam has burst and pent up demand is being released.
“During the last couple of years it was apparent that many business people were holding off from making big decisions.
“However, since the start of this year we have received more enquiries and taken on more new clients than ever before.
“It’s great to see the energy and drive of independent business people helping the cause and this seems to herald a new phase in the growth and significance of the franchising sector.”
Duckett adds: “We ourselves now have the challenge of growing and coping with the number of enquiries we are getting from businesses who wish to explore franchising as an option for growth.
“We are currently seeking experienced franchising practitioners to be trained to add to our team of franchise consultants so we can continue to play our part in helping the expansion of businesses across the UK and around the world.
“Our team are at the coal face talking to businesses every day about what their plans are for the next few years and we can report that growth is very much back on the agenda and that franchising is leading the way.”