Featured Franchises For Sale Hertfordshire

Latest Franchises For Sale Hertfordshire

Franchises For Sale In Hertfordshire

Franchising is a very popular option for anyone to start their own business in Hertfordshire. So today we will share some statistics around starting your own business by investing in a franchise opportunity. We hope these statistics can help you understand the kind of customer base. Which is in Hertfordshire and the economic growth Hertfordshire has seen within previous years in the united kingdom.


Statistics around Hertfordshire

We will now list some statistics around Hertfordshire to give you a feel for the area and the customer base.

  • In 2018, there were 1.2M residents in Hertfordshire.
  • Hertfordshire has an average age of 39 from its residents.
  • Also since 2002 Hertfordshire has seen a staggering growth of 13.8%
  • Based on Census, there were 2.46 residents per household in 2011.

How franchising helps the economy?

We will now list some statistics below which were collected for the whole of the UK in previous years. Even though these are not exclusively statistics collected in Hertfordshire. They still show what an important role franchising plays annually to the UK economy.

Franchising provides over 700,000 jobs across the UK
Franchising alone in the UK contributes to a staggering £17 billion to the UK economy.
Also franchising raises millions for its chosen charities annually.

What do these statistics show for franchising in the UK?

These statistics show even though franchising is great for anyone looking to run a business, But is worried if they are new. Franchising allows those people to achieve their dreams and run their own business and receive help from the franchisor step by step. Also franchising really helps the economy as you can see by reading the statistics shared above. So overall I would say franchising in the UK is a win, win.