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QuickTake

Franchise

Franchising is growing rapidly in Europe and becoming an important part of its economy. In 2005, there were around 170,000 franchised units across Europe operating under 4,000 franchise systems with a turnover of a 100 billion Euros and providing employment to a total of 1.5 million people.

Over the past 10 years franchising has grown significantly. General conditions for franchising are developing positively in many European Member States, especially in areas such as services, health-care and gardening.

Current trends in the Franchise sector are slanting towards selling the whole concept of the business strategy of the company, rather than selling just the name. Consequently the best opportunities of expansion for Franchise companies would generate from creating network organizations sharing the same strategy rather than just product-distribution systems

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For more information call +32 2 508 2889 or e-mail Pierre.Thomas@N0SPAM.mail.doc.gov

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