Thousands of jobs at new franchise outlets

The fastest growing franchise business in the UK is set to create another 250,000 new positions in the next 18 moths. This is according to the leading company is franchise development in the country. This news coincides with the latest edition of the UK Franchise Directory being published, which lists over 1500 companies that are seeking to open over 75,000 new outlets across Britain.

The FDS, or Franchise Development Services, which publishes this directory, says that in the tough current economic climate, many are seeking to become their own boss by opening a franchise. The founder and MD of FDS, Roy Seaman, has said there are a wide range of companies who are looking to expand through franchising. He added that they are working with 75 companies who wanted to expand their franchising network.

“For instance Subway, the fast food outlet, wants to expand their network from 1,500 outlets in the UK to 3,000 in the next three years.

“CeX Complete Entertainment Exchange, which specialises in trading digital entertainment products directly with the public, wants to double their 100 franchised outlets in the country as quickly as possible.

“And our research indicates there are as many as 250,000 people considering owning a franchise.
“Banks are much more willing to lend money to buy a franchise since they know that purchasers are moving into a proven business model and the odds on failure are nine to one against.

“NatWest/RBS have recently announced they have a £100 million fund to be made available to both companies seeking to expand by franchising as well as individuals who want to become a franchise owner, and they have special departments to offer advice.

“It is possible to become a franchise owner for as little as £10,000 whereas the larger retail brands can cost £250,000.”

FDS also has experts to handle enquiries from individuals considering buying a franchise and this department has recently experienced a vastly increased volume of calls.

For further information please contact Professor Roy Seaman at Franchise Development Services on 01603 620301, enquiries@fdsltd.com or www.fdsfranchise.com.