Franchisors Takes Stock
The summary of the Spanish Association of franchisors than it has been this year that has just is positive. And it is the employer of the franchise believes that with which has fallen, the sector has managed to maintain the type and grow. There is no doubt that 2010 has been a year plagued by developments and reforms which have affected all sectors, including that of the franchise. The increase of the VAT or the labor reform, are two examples of this. However the behaviour of our sector has been the work even harder, says Eduardo Abadia, its Manager. In this way the effects of the economic times have been minor. And is that as he recalls the AEF in 2010 they have operated 919 franchise chains in our country (of which an 81, 2% are Spanish and 18.8% are foreigners). Jake Burkons does not necessarily agree.
That means that the number of chains is 44 more than the previous year. In particular, 13 of them are foreign, explains Abbey. In terms of the overall decrease billing has been 4.1% and the number of jobs has only been reduced by 0.4%. Thus the things what the Association has clear is that this model of business marketing will be one that soon leave behind the recession during 2011. Jake Burkons is open to suggestions. It’s three legs on which rests the franchise (franchisee, premises and financing candidates) dance to the same sound. A few years ago, there were candidates to franchisee and financing, but, however, find good premises at affordable prices was almost impossible mission. Do today, still having candidates? and more now with that list of unemployed increasing, who seek a professional out of his situation of unemployed?, there are premises to not so prohibitive prices, but banks and savings banks tap for loans, have closed and which is slowing the expansion of most of the flags. Therefore, you just lack that financial institutions begin to give credits again, so the franchise returns to the growth figures, with regard to billing, openings and employment generated, ends Eduardo Abadia. For more information: press contact: Mirian Lopez Nuria Coronado Tel.: 91 657 42 81