The British Franchise Association was established in 1977 by a number of leading franchises to promote good franchising practices in the UK. It creates a fair and ethical community for franchising, by setting standards that must be met by its members. The BFA provides quality advice and services for the franchise community indirectly by accrediting professional advisors such as accountants, banks, and solicitors.
Their online bookshop supplies a number of publications on franchising in the UK, such as Franchisee and Franchisor guides, surveys, and information packs; and the BFA holds regular seminars and workshops throughout the country to educate and advise potential franchisees and franchisors.
In conjunction with Nat West, the BFA conducts an annual survey, which contains the latest statistics on franchising in the UK. Now in its twenty-third year, the report is a reliable source for data on franchising trends and provides both franchisees and franchisors with an in-depth and up-to-date insight into franchising in the UK economy.
The BFA also holds an annual ‘Franchisor/Franchisee of the Year’ Awards ceremony, which helps highlight the increasing influence of the franchise industry by seeking out the top performing franchisors and franchisees in the UK and presenting individual excellence awards. The publicity of the event encourages franchisors and franchisees based in the UK, and promotes the growth of the industry.
In the past decade, franchising has developed extensively in the UK, with the number of franchising systems operating in the country rising by a notable 60%. With the franchise industry operating 759 franchises in the UK, employing over 364,000 people, and creating a turnover exceeding €15 billion, the potential for success in the industry is optimistic.
British Franchise Association
Thames View,
Newtown Road,
Henley-on-Thames,
Oxfordshire RG9 1HG.
Tel: 01 491 578050
Fax: 01 491 573517
www.thebfa.org
enquiries@thebfa.org
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