Posts Tagged ‘Franchisees’

Restaurant franchise . The healthy option

Sunday, May 10th, 2009

The restaurant industry has been facing difficult times recently, with the ravages of the declining economy having prompted price reductions in several ways: new items at lower prices, more small-plate and half-serving options, and more fixed-price offerings. Yet, amid such difficult times, it is the restaurant franchising businesses which are continuing to thrive. There has been a significant rise in popularity of the fast-casual healthy eating experience. Consumers are becoming more health conscious, but do not want to spend a fortune on eating out. Therefore, their primary criteria when choosing a place to eat are the quality of the food combined with value for money. They also take into consideration such factors as a great atmosphere, which is neither too formal nor too fussy, efficient friendly service and a varied menu.

The health food industry is increasing year on year and this is reflected in the fast-casual healthy concept, which is rapidly expanding throughout the country. These restaurant franchises serve nutritious yet tasty food including salads, organic steaks and burgers, risottos and soups. Vegetarian, vegan, gluten-free, dairy-free, low fat or low carbohydrate meals will often be menu options. Drinks on offer may include vitamin-packed fruit smoothies, specialist coffees, detoxes and herbal teas. Skimmed, soya and rice milks may be offered as substitutes for full-fat cow’s milk.

Scots’ love affair with franchises paying off – Scotsman.com Business

Monday, June 9th, 2008

Scots’ love affair with franchises paying off

Published Date: 03 June 2008

FRANCHISED businesses in Scotland grew last year at more than treble the rate of the Scottish economy, according to figures published today.

Scottish franchising grew by 7.1 per cent while Scotland’s gross domestic product (GDP) rose by 2.2 per cent, research by the British Franchise Association (BFA) found.

The association reports that there are 2,959 franchised units operating in Scotland, with an average reported turnover of £384,600, £24,600 more than the overall UK figure.

And the number of chains using franchises has grown from 346 to 493 in the past decade, making the sector worth £1.47 billion.

The figures were released ahead of Scottish Franchise Week, which starts on 9 June.

Bill Hendrie, chairman of the BFA’s Franchise Group for Scotland (FGFS), said: “I think the research shows franchising is still buoyant and the franchise system model is a less risky way of starting and running a business than going out on your own.

“Of the franchisees surveyed, only 14 per cent thought general economic conditions will improve over the next 12 months and 68 per cent said they believe conditions will worsen.

“Nonetheless, in terms of expectations for their own businesses, 50 per cent of the franchisees were optimistic that conditions for their own businesses would improve over the next 12 months.”

The FGFS was set-up by the BFA in 2002 to promote franchising in Scotland.

The group’s members include Baguette Express, Myhome Group and Snap on Tools.

Ken Cairnduff, who sold his Internaçionale and Au Naturale chains to Ossian Retail Group for £45 million, will address 300 business people at a “franchise breakfast” on 13 June.

Scottish Franchise Week coincides with the British Franchise Exhibition, at the Scottish Exhibition and Conference Centre, in Glasgow, on 13-14 June.

The BFA has also launched its annual franchisee of the year awards, the theme for which is “managing change”.

Brian Smart, BFA director-general, said: “We are looking for examples of the franchise model that demonstrate the fusion of a franchisor driven to build and support a network, and franchisees who are committed to developing their own business”.

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