Getting Clean Away from the Spivs; Exhibition Guest Gives Franchising More Credibility

The Birmingham Post (England), October 9, 1998 | Go to article overview
Save to active project

Getting Clean Away from the Spivs; Exhibition Guest Gives Franchising More Credibility


Cleaning up:Mr Nigel White set up The HandWash after his luxury vehicle was badly damaged in an automatic car wash. His first customer was a Porsche owner and by the end of the year the group will operate a dozen sites.

Carwash pic

Steps to success:Pupils at the Drusilla Duffill Theatre School use dancewear and shoes from Dancia International, which was founded more than 50 years ago, but now plans a nationwide network of shops.

Ballet

By IAN HALSTEAD

Business Staff

Franchising still has something of a reputation for being the "spiv" end of industry.

It has had its success stories and its fair share of cowboys.

But there is no arguing with its growing popularity.

Now its annual showcase is back in town with media commentator, and one-time Tory grandee, Sir Bernard Ingham giving it added credibility.

Last year's National Franchise Exhibition pulled in a record-breaking 200 exhibitors and more than 13,500 visitors.

Sir Bernard opened it then and today he is back at the NEC to launch the three-day event, which organisers say is even bigger and better.

Among the best-known exhibitors are McDonald's, Bang & Olufsen, Dyno-Rod, Burger King, Greenalls Inns and Prontaprint, plus the Franchiser of the Year, Wimpy.

Others range from a business which provides computer literacy education for youngsters and a car wash which uses humans rather than machinery to cosset expensive vehicles, to a US company which specialises in mobile shredders.

Among newcomers at the 1998 show are French fashion house Rodier, Art 4 Fun, Beloir Property Management and Thrifty Car Rental.

The British Franchise Association is celebrating its 21st anniversary and director-general Mr Brian Smart reels off some impressive statistics about the industry.

Much of corporate UK has struggled during the last year, under the burden of high interest rates and an overpriced pound.

However, the franchise sector has grown in spectacular style with its total turnover up almost ten per cent to a whopping pounds 7 billion.

Mr Smart calculates that the figure would be far higher if the range was widened outside what the industry recognises as business format franchises. "If we took in car dealerships, soft drinks' franchises, petrol retailing and the tenanted licensed trad e, annual sales would be more than pounds 36 billion."

Mr Smart points out that a fifth of all retail trade in the UK is delivered through franchises, and the level of profitability is rising sharply.

In 1991, the BFA reckons that just 70 per cent of its UK members were operating in the black. Now that figure is running at just over 90 per cent.

Mr Smart also points out that 99 per cent of franchises are still in profit after five years.

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
Loading One moment ...
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited article

Getting Clean Away from the Spivs; Exhibition Guest Gives Franchising More Credibility
Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.

Are you sure you want to delete this highlight?