Trending Franchises in 2021
Franchising is experiencing accelerated growth during 2021, with many franchised network services performing well to cope with extra demand since the arrival of the pandemic.
Franchise opportunities have remained stable & consistent on initial levels of investment; franchisors haven’t jumped on the bandwagon of the lockdown price hike that many of us have experienced during the lockdown.
Benefits of investing in a franchise
When you consider all the benefits & features of a franchise opportunity, the initial investment is low. However, suppose you were to attribute a cost to each component that the Franchisor will supply. In that case, the brand, marketing, training, administration services such as central invoicing & ongoing support the figure might surprise you.
With a franchise opportunity, the business’s format has been tested at every stage. This is why franchises perform consistently well. It’s a fact that the proven business model can be fully transferable and replicated in another location. Compared to a fledgling start-up business, where all the systems & processes need to be developed from scratch. This is the reason a franchise is often the right choice for an investor, as franchises offer a turnkey solution. Franchised businesses are diverse, and there is a franchise for every seeker.
Franchises that are trending this summer 2021 include the following:
Brits are spending £££’s on their homes and gardens. Franchise opportunities that specialise in home improvements so why not browse our home improvement category listing the most exciting home improvement franchise opportunities. Home Improvement Franchises have been among the winners, whether it’s a new kitchen or bathroom or a professional oven clean to deal with a lockdown baking disaster. Home extensions & loft conversion have been a popular choice of improvement and adding value for UK homeowners.
Estate Agents are also on top; the property market has been on the rise for some time. Helped enormously by the Government concession on Stamp Duty Land Tax holiday, this has further assisted growth within the property sector. The purchase of second homes in popular UK holiday resorts. And city dwellers seeking more green space in the rural idyll. The demand is at an all-time high for property in the UK.
With the closure of schools during the pandemic, parents are understandably concerned about the impact on their children’s education. Tutoring in a centre or one-to-one at home is now experiencing high demand. Home tutoring will be a vital service – in the future to enable a pupil to catch up and achieve their potential academically. To find out more about education franchise opportunities currently recruiting browse our education category.
Since the start of the pandemic, many Brits have switched to internet shopping. e-Commerce sales have caused a surge in demand for speedy, secure courier services. The convenience of shopping online 24hrs a day from the comfort of the sofa is now the norm. Retailers depend on couriers to get the parcels to the consumer quickly. Courier franchises are a popular franchise choice among franchise seekers.
Find out more about franchising
Franchised businesses are diverse, and there is a franchise for every seeker.
Should you be new to the concept of franchising and you would like to learn more, the Franchise UK blog is a great place to start for tips, hints & the latest franchise news.
Franchise UK is the primary sponsor of the Quality Franchise Association. Head to the QFA training page for FREE franchisee training courses https://www.franchise-association.org.uk/franchise-training-courses/