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Franchise Industry Sector Information
According to Natwest and the British Franchise Association,
the UK Franchising Market has been contributing in excess
of 9.5
Billion Pounds in GDP to the economy per annum since 2002.
In times where small business failures have been well documented
in the British Press, Franchising continues to lead the way
in
terms of real business growth. The extremely high success rate
of individual franchises is a contributing factor to this overall
strong contribution to the UK economy.
Independent small business failure rates are significant. It
is a well documented fact that independent businesses are
more likely
to fail in the first 5 years of trade than they are to succeed.
Conversely, franchise business operators are considered very
likely to succeed, based on the proven formula that exists
within the
franchise business framework, and the support teams that
are there purely to ensure every chance of success for
the franchise
network.
At Hire A Hubby, we have developed a Market Leading Management
Software that enables us to monitor the weekly performance
of our franchisees. Some of the key functions of this software
are:-
- Monitor
Weekly Gross Profit Performance
- Measure
Quote to Invoice Conversion ratios
- Monitor
and guide weekly marketing activities of the franchisees
All of the above is managed through an easy to use On
Line system, providing franchisees with the security
and knowledge
that their
Franchisor is acutely aware of how their business is
performing.
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