There are around 950 franchise outlets in the U.K. They cover a variety of sectors from fast food to dog walking, kids swimming to coffee shops. The main benefit of investing in a franchise is that the model, processes and infrastructure is already in place so as a new business owner, you can take the leap into self employment with the security of a Head Office support team and reap the benefits of these tried and tested systems.
If you are researching franchise opportunities, you most likely have come across The British Franchise Association and Quality Franchise Association. These not for profit associations, work with franchisors, franchisees and suppliers who promote ethical franchising in the U.K.
In 2015, Busylizzy became proud members of the British Franchise Association. The process getting onboard is thorough and included the review and signing off of the businesses legal agreements, operations manual & policies. It was an arduous process that took around 6 months to complete but being committed to ethical franchising, we provided everything for scrutiny and we’re delighted to join the bfa family.
More recently, Busylizzy have also become members of The Quality Franchise Association and in doing so, sign up to abide by the Quality Franchise Association Code of Conduct. Each Quality Franchise Association member is individually vetted by a franchising professional to ensure the body remains professional and ethical.
So… what does this all mean?
Franchising in the U.K is not government regulated. In theory, anyone can set up as a franchise network and trade. There are around 950 franchise outlets in the U.K and circa 300 are members of The British Franchise Association. The British Franchise Association and The Quality Franchise Association are here to support ethical franchise business and only allow members with proven track records to join them. So, if you are considering investing in a franchise – whether that’s Busylizzy or another opportunity, ask the question. “Are you members of the The British Franchise Association and The Quality Franchise Association” and if not, why not?