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Management franchises cover a diverse range of industries. In fact any business that requires managerial skills as apposed to actually doing the work could be called a management franchise.
So what skills and experience would you usually expect to see with someone seeking this sort of franchise? Usually this sort of person would already have some supervisory and/or managerial experience. They may also have experience at senior or board level, maybe even run their own business. Many people that seek a management franchise have worked in some form of corporate capacity & would like to run their own business using the management skills gained through their career. This is a wise choice as franchises not only provide a great way to change career direction but also have far lower failure rates than setting up a business by yourself.
Opportunities such as executive franchises enable you to run your own management franchise business whilst reaping the rewards of a proven and profitable brand name, such as those listed in our executive franchises directory above.
Statistics around the management industry
Below we will now list a few statistics around the whole management consultants sector. These are new figures which have recently been collected in the UK to give you a good idea of the industry and its potential it has for years to come. All these statistics are from credible sources which are listed below.
- According to Ibisworld the market size for management consultancy has shot up in the UK and now holds a total market size of £55 billion.
- Also there are many people who have already invested in the exciting opportunity of running their own management consultancy business since did you know? According to Ibisworld there are already over 170,000 management consultancy businesses currently operating across the UK.
- Another great thing about the management consultancy industry it also provides a lot of job opportunities which also helps and contributes heavily to the whole UK economy. Did you know? The management consultancy industry as a whole provides over 439,000 jobs according to Ibisworld.
We have a great range of management franchises available, browse & find your ideal franchise.
Sources : Ibisworld