Featured Franchises For Sale Isle Of Wight

Latest Franchises For Sale Isle Of Wight

Franchises For Sale In Isle of wight

Franchising is a very popular option for anyone to start their own business in Isle of wight. 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 Isle of wight and the economic growth Isle of wight has seen within previous years in the united kingdom.

Statistics around Isle Of Wight

  • The island, which is separated from the coast of Hampshire by the Solent, currently boasts a population of 141,538. In terms of landmass, the isle is roughly 147 square miles, and is administered by one unitary authority.
  • According to the excellent local news website, On The Wight, ‘there was a rate of 74 crimes per 1,000 residents during 2017-18, below the England and Wales average of 84.

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 Isle of wight. 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.