There are approximately 34,000 operating franchisees turning over £10 Billion and almost 97% of franchisees being in profit after five years compared to 45% of other independent business. Buying a franchise business in the UK still presents a fantastic opportunity to succeed when you go it alone. (Source: British Franchise Association).

Buying a franchise can be a quick way to set up your own business without starting from scratch. There are many advantages to the franchisee which include the following:

• Your business is based on a proven idea. 
   
• You can use a recognised brand name and trade marks.
   
• You benefit from any advertising or promotion by the owner of the franchise - the "franchisor".
   
• The franchisor gives you the support, full training, help setting up the business as well as a manual telling you how to run the business and ongoing advice.
   
• You usually have exclusive rights in your territory. The franchisor won't sell any other franchises in the same region.
   
• Financing the business may be easier. Banks are sometimes more likely to lend money to buy a franchise with a good reputation.