Britain’s franchise industry will create around 250,000 new jobs within the next 18 months, according to franchise development company Franchise Development Services (FDS).
FDS says an increasing number of individuals are seeking to become their own bosses by becoming franchise owners.
Roy Seaman, founder and managing director of FDS, says: “We are currently working with 75 large companies wanting to expand their franchise network.
“For instance Subway, the fast food outlet, wants to expand their network from 1,500 outlets in the UK to 3,000 in the next three years.
“CeX Complete Entertainment Exchange, which specialises in trading digital entertainment products directly with the public, wants to double their 100 franchised outlets in the country as quickly as possible.