How To Make Money FAQs
What is a franchise?
A franchise is a tried-and-tested business format that has been proven to be both viable and profitable. A new franchisee buys a license to operate the business in another location - as the owner - but with the full support of the franchisor throughout the life of the franchise. The UK franchise industry’s annual turnover is £11.8 billion. It offers 842 different franchised businesses and employs 465,000 people. Household name franchises include Burger King, McDonald’s, Rosemary Conley, Dyno Rod, Snap-on Tools, Kall Kwik and The Camping and Caravan Club. See FranFinder for more info. For in-depth expert answers to a wide range of readers questions about franchising see Ask the Experts.
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