BFA
CALLS FOR MORE ETHNIC FRANCHISEES
(28 August 2003)
As
part of National Franchise Week (8-14 September), the British Franchise
Association (BFA) is hosting a free all-day seminar event in Birmingham
entitled "Creating Equal Access to Franchising". The event
is targeted at growing the number of minority groups in franchising.
The UK franchising industry has a turnover of some £9.5 Billion,
employs over 326,000 people and is responsible for introducing approximately
3,000 new small businesses into the UK each year.
4.
91% of all UK franchisees reported profitability last year, 93%
of franchisees operating their business for 5 years or more reported
profitability.
The
BFA works actively in partnership with CREATE (creating equal access
to enterprise), funded by the European Social Fund, to encourage
over 50s, under 30s, ethnic minorities and women into
franchising.
We
really want to open up franchising to all, says Brian Smart,
Director General of the BFA. This is a new feature in our
Franchise Week Programme and we have some top people lined up to
deliver the seminars and to share their experiences and knowledge
with delegates. The diversity of business sectors within the franchising
industry makes it an accessible and realistic investment option
for many groups that have a minority presence in business.
Tony
Sealey, the McDonalds nominee for the prestigious Franchisee of
the Year Awards, who is speaking at the event says: "Minority
ethnic communities provide a diverse customer base and are high
volume consumers of a range of retail products. This consumer diversity
should present new opportunities for BFA Members to grow their businesses
by taking positive action in the recruitment of franchisees from
minority communities".
Minority
groups are already on the increase in BFA Members who have found
that many of the skills they bring to business, are highly suited
to franchising.
ABOUT
THE BRITISH FRANCHISE ASSOCIATION
The
British Franchise Association (BFA) evolved from the franchise industry
itself in 1977, as the only voluntary accreditation body for franchising
in the UK. Its remit was, and is, to develop and continuously improve
the standards of good practice in franchising and to accredit franchisors
that meet these standards. Many organisations say that they are
franchisers - not all are, and not all are accredited
by the BFA. From the humble beginnings back in 1977 with eight founder
member franchisors, the BFA has grown to represent today, over 200
franchise brands with some 15,000 franchisees operating with a BFA
accredited franchise network across the UK.
To
book your place at the CREATE seminar see www.nationalfranchiseweek.co.uk
or call Pip Wilkins at the British Franchise Association on 01491
637042
The
Creating Equal Access to Franchising seminar is on Wednesday
10 September in Hall 8, at The International Convention Centre,
Broad Street, Birmingham B1 2EA.
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