Location Location Who doesn’t love shopping? Whether it is an online store franchise or someone is physically pounding the streets and shopping centres looking for that perfect dress, shoes or […]
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UK Retail Franchises
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Latest Retail Franchises News
Investment Levels Of Retail Franchises
skill-set versus investment The retail industry is the UKs largest private sector employer, employing nearly 3 million people. So whether you are looking for a clothes store, fashion or beauty […]
Read moreRetail Franchises To Meet Most Skillsets
More often than not a potential franchise business owner has done their research and looked at all the retail stores, retail and shop type opportunities and decided exactly which industry […]
Read moreUK Retail Franchises
If you have discussed the possibilities of starting up a franchise business, you'll notice that almost everyone shares the same opinion that retail franchises, no matter how attractive and profitable they seem to be is by far the most difficult business to run. Running a UK retail franchise requires the experience and knowledge of running a well oiled business. It includes being involved in everything from janitorial services to tax accounting.
Despite all these difficulties, opportunities like these are booming all over the world from Argentina to Japan. Retail franchises always strips down to its brand recognition. They range from greeting cards to lingerie. At present the most profitable type is clothing franchises. Consumers today are extremely brand conscious and will pay a premium price for a well known and trendy pair of jeans or lingerie. These brands did not make the popularity list overnight, but with the help of strategic and creative marketing campaigns. Quality is also part of what makes the brand successful and thus allowing a higher price tag.
Gap, Levi's and Victoria Secret are among the most sought after clothing retail franchises in the world. Their brilliant marketing campaigns have made them a 'must-have' in every woman's closet and male fantasies. The first two franchises are targeted at medium income individuals or working class families and thus create a wider consumer base over a period of time.
Nike and Addidas retail franchises are unbeatable due to their long standing recognition for quality and style. These two businesses are targeted to almost everyone of all ages and cultural background. As they say, the love of sport is universal. These two franchises as well as the clothing opportunities above can all be combined under one roof if you are running a departmental store type of business, although each brand name will have their own stipulations on product placements and price range to have a better edge against competitors.
As overwhelming as it may seem to run a UK retail franchise from the cost point of view, there are many other opportunities that will fit your planned budget. Poundland is an example of a highly successful retail franchise that has sprouted all across the UK. The success of Poundland stems from its name. Almost everything you may need in the store starts at a £1.00 price tag, these low cost items makes it popular in smaller towns where the population is of low to middle income families.