The British Franchise Association (bfa) is a

trade association A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific Industry (economics), industry. An industry tra ...

for the British

franchising Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses some or all of its know-how, procedures, intellectual property, use of its busine ...

industry established in 1977. It has offices in Abingdon. It claims to be the voice of ethical franchising in the UK and members must go through an accreditation process. They are required to abide by the European Code for Franchising. The bfa has various levels of membership, including franchisors, franchisees, affiliate advisors and suppliers to the franchising industry. It runs annual award ceremonies. In August 2019 it predicted that the Scottish franchise market would be worth £1 billion by 2021. They produced a report with

NatWest National Westminster Bank, commonly known as NatWest, is a major retail and commercial bank in the United Kingdom based in London, England. It was established in 1968 by the merger of National Provincial Bank and Westminster Bank. In 2000, it ...

in January 2019 which found that

business Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for pr ...

es that operated under a Franchise License contributed in excess of £17 billion to the UK

economy An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the ...

in 2018. In June 2021, it was announced that the British Franchise Association would "join forces" and merge with the Approved Franchise Association.

References

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External links

British Franchise Association
Trade associations based in the United Kingdom Franchising Organisations based in Oxfordshire 1977 establishments in the United Kingdom