Confident mood after £5m surge in demand

The Runo Group says it has handled about £5 millions’ worth of deals over the past quarter involving people eager to join the franchise sector.

Director Andy Hulbert said: “There is definitely life after covid. We have done more business over the last three months, than over the last 18 months.

“Investing in a franchise is appealing to many because there is a huge choice of well-known brands to choose from and the franchisee gets a wealth of support from the franchisor.

“Entrepreneurs who take the franchise route into business are also typically more than 90 per cent successful, compared with those who launch a non-franchised enterprise.

“Many see a good return on their investment within 18 months.”

The Runo Group sells franchises for such brands as Paul’s Bakery, Miss Millie’s, the award-winning bubble tea brand Cupp, Capital Electrical Wholesalers, and Hairdressers Low Cost.

“Over the last quarter, we have been handling around 200 deals with potential new franchisees – some of these are still subject to contract,” Andy added. “We are also spreading our wings internationally and talking to franchisors in France, Belgium Holland, the Czech Republic, Canada and America, about introducing their franchises in the UK.”

n The Runo Group will be showcasing its services at The Virtual Franchise and Business Opportunity Show, which runs from May 4-6. Anyone interested in attending this event should visit https://bit.ly/38786ki