Featured Franchises For Sale Yorkshire

Latest Franchises For Sale Yorkshire

Franchises For Sale In Yorkshire

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

Statistics around Yorkshire

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

  • Yorkshire has a total population of over 5.3 million people, larger than the population of Scotland.
  • Yorkshire is the largest county in the UK, spanning 2.9 million acres. It is often split into three geographical areas; North, West or the East Riding. The North and East Riding of Yorkshire are more rural areas, whilst the West Riding is much more urbanised.
  • Yorkshire has a mixed economy, and accounts for about 8% of UK GDP. The City of Leeds is Yorkshire’s largest city and the leading centre of trade and commerce.

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 Yorkshire 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.