For 2015 and 2016, the franchise sector is expected to be valued at more than £15 billion in the UK economy, according to the bfa NatWest Franchise Survey 2015. That is a 10% increase from the 2013 survey and a 46% increase in the past decade. In 2015, 97% of franchisees reported profitability, a statistic expected to hold true for 2016 as well. The continued success and expansion of the franchise sector gives credit to the common claim that using a business's tested, proven business model increases the likelihood of keeping doors open and reaching profitability quickly. Many franchisees enjoy this sense of stability and camaraderie as they start their business, as it enables them to be in control without going it alone.
The popularity of franchising can be seen with the large number of new entrants to the market. All of which are successfully recruiting new franchisees and operating profitably. With increasing demands on employees, many want to manage their own working lives, making franchises the perfect option for a lifestyle changes.