British Franchise Association Survey Shows 77% of Members Feel Positive About Business Plans Heading Into the New Year
- 77% of BFA members are confident about their plans for 2026
- 28.30% very confident, 49.06% fairly confident
- Failure rate in franchising remains below 6% for over 20 years.
In a landscape littered with economic uncertainty, an oasis of optimism emerges from the latest survey commissioned by the British Franchise Association (BFA). A staggering 77% of franchisors, franchisees, and various service providers cast their votes of confidence regarding their business plans for 2026, demonstrating an unwavering faith in their business models. This survey, which is part of the BFA's ‘Question of the Month’ initiative, sought to gauge the sentiment of its members heading into a potentially challenging new year. 28.3% of respondents expressed that they were ‘very confident’, while 49.06% graciously settled into the ‘fairly confident’ camp. Only a tiny fraction, 1.89%, admitted to feeling ‘not confident right now’.
From single-owner operations to expansive multi-unit brands, the survey encompassed a broad spectrum of the franchise landscape. And amidst the clamor of positivity, two industry stalwarts, Graham Duckworth from Driver Hire and Phil MacKechnie of Radfield Home Care, underscored that while the buoyant outlook is heartening, it is also tempered with realism. Duckworth noted that external factors, including ongoing economic shifts and the looming Employment Rights Bill, could potentially sway this optimism. MacKechnie, on the other hand, highlighted the ‘strong fundamentals’ present in the home care sector, emphasizing that despite headwinds like cost pressures and regulatory challenges, opportunities abound for those who can navigate the complexities.
Pip Wilkins, BFA CEO, offered a reassuring perspective, affirming that the franchise sector boasts a remarkable failure rate of less than 6%, a benchmark few other business models can claim. This enduring resilience provides franchise operators with a solid foundation as they charter the waters of 2026 and beyond.
In an age where uncertainty seems to reign, the BFA's initiative offers inquisitors a fresh wellspring of insights into the franchise landscape, ensuring that stakeholders remain informed and prepared for what lies ahead. With plans to share future survey results on the BFA website, the promise of continuing research will keep the dialogue alive and the confidence soaring.
From single-owner operations to expansive multi-unit brands, the survey encompassed a broad spectrum of the franchise landscape. And amidst the clamor of positivity, two industry stalwarts, Graham Duckworth from Driver Hire and Phil MacKechnie of Radfield Home Care, underscored that while the buoyant outlook is heartening, it is also tempered with realism. Duckworth noted that external factors, including ongoing economic shifts and the looming Employment Rights Bill, could potentially sway this optimism. MacKechnie, on the other hand, highlighted the ‘strong fundamentals’ present in the home care sector, emphasizing that despite headwinds like cost pressures and regulatory challenges, opportunities abound for those who can navigate the complexities.
Pip Wilkins, BFA CEO, offered a reassuring perspective, affirming that the franchise sector boasts a remarkable failure rate of less than 6%, a benchmark few other business models can claim. This enduring resilience provides franchise operators with a solid foundation as they charter the waters of 2026 and beyond.
In an age where uncertainty seems to reign, the BFA's initiative offers inquisitors a fresh wellspring of insights into the franchise landscape, ensuring that stakeholders remain informed and prepared for what lies ahead. With plans to share future survey results on the BFA website, the promise of continuing research will keep the dialogue alive and the confidence soaring.
Key Facts:
| Survey Developments | BFA's ‘Question of the Month’ initiative gauges member confidence. |
|---|---|
| Overall Confidence | 77% of respondents are either very or fairly confident for 2026. |
| Survey Respondents Breakdown | 28.30% are very confident, 49.06% fairly confident, 20.75% a bit uncertain. |
| External Influences | Economic uncertainty and regulations like the Employment Rights Bill may impact confidence. |
| Franchise Success Rate | Franchising has maintained a failure rate of less than 6% for over 20 years. |
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