Pink Connect Franchising

Archive for the ‘business’ Category

I’m Helen and I’m thrilled to have just joined the team at Pink Connect as PR Manager.

Whether you are already with us or if you decide to join us, I will be dedicated to helping  your franchise achieve the publicity it needs to generate new business, wherever you are.

I am looking forward to meeting and speaking with all of you … but if you can’t wait for me to get to you, don’t hesitate to contact me first.

A new report into the UK’s franchise sector has been published, revealing that franchised businesses achieved a 91.8 per cent success rate in the last 12 months. ‘Franchising in the UK’, published today by Franchise Development Services (FDS), is based on a survey which found that only 8.8 per cent of franchise owners report that they are not breaking even or better. 61.7 per cent describe their businesses as ‘satisfactory’ or ‘highly profitable’. Furthermore, optimism is high among the owners of franchised business with 98.6 per cent expecting to achieve growth in the next 12 months.

“Franchising as a sector naturally outperforms the economy during any economic circumstances because it is based upon developing highly stable business concepts and replicating them across national networks of enthusiastic and motivated franchise owners,” said Professor Roy Seaman, Chairman of FDS, which also publishes The Franchise Magazine. “In an economic downturn the difference becomes pronounced because so many franchised businesses continue to perform well while other businesses suffer.

“In the last 12 months FDS has identified over 230 companies that have chosen the franchise expansion route. For less than £50,000 – the cost of opening one new company-owned and managed location – they can be up and running with two or more franchised outlets within a year.”