The British Franchise Association (BFA) is currently launching its annual bfa HSBC Franchisor of the Year Awards, which look to recognise the best of the best in franchising.
As an award that has been running for more than two decades, it is recognised as the top industry accolade. However, what do these awards really mean to the majority of people who aren’t in the franchising industry?
Today, franchising, as a whole industry, contributes £11.4 billion to the UK economy and employs nearly half a million people. It also contains many of the brands and outlets that you see every day. So it is likely that you are already a consumer of a franchise business, whether you know it or not. Either way you want to be sure that you are buying from a reputable, secure and quality business. These awards celebrate those businesses that have demonstrated businesses excellence in line with the strict ethics and standards of the bfa. Carry on reading.