British Franchise Association:
Over the years hundreds of people have used their redundancy to leave corporate life behind and start their own franchise business,
often doing something completely different to their previous line of work.
Tom Endean, marketing manager at the British Franchise Association (bfa), said: “As a more secure, proven investment, franchising may soon start to be seen as a viable option for many newly unemployed individuals who are looking to start up their own business.
“However, investing in a franchise is not an instant pill for success. It takes commitment and professionalism, along with the need to plan and investigate carefully what you are looking to buy into.”
When former warehouse supervisor Mark Worthington was made redundant he felt the time was right to think about running his own business. He had always enjoyed cleaning his own cars, and began exploring the various valeting franchises, including Autosheen. Carry on reading.