Featured Franchises For Sale Lincolnshire

Latest Franchises For Sale Lincolnshire

Franchises For Sale In Lincolnshire

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

Statistics around Lincolnshire

We will now list some statistics below around Lincolnshire to give you an idea of the area and the customer base that is available to you upon purchasing a franchise opportunity based in Lincolnshire.

  • In 2018, there were 1.1M residents in Lincolnshire county with an average age of 42.8 years.
  • Population density was 156 residents per square kilometer. Population grew by 12.4% since 2002 and population average age increased by 2.2 years in the same period.

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 Lincolnshire 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.