Ongoing dissatisfaction in pay and working conditions has seen an uplift in franchise brands welcoming new employees and investors exiting a range of frontline and public sector careers. Supported by the data submitted by entrants to the latest Elite Franchise 100 rankings, in excess of 32,000 jobs have been created since January 2021 by over 120 franchise brands completing the survey. Most incredibly, 261 of those have been people from former positions in teaching and the NHS who chose to invest in a franchise.
This year, the automotive sector excelled in the EF100 ranking, with Snap-on Tools taking the top spot and Driver Hire coming second – titles each will hold for the duration of 2023. Since January 2021, five franchise brands completing the survey from the automotive sector have created 190 jobs, with 26 people from frontline and public sector roles opting to start a business with the support of a franchise.
Unsurprisingly, franchise brands servicing the childcare and social care sectors saw huge growth creating nearly 1,500 and over 9,700 jobs respectively in the last two years. These also naturally had the greatest pull for those leaving frontline and public sector roles, with 54 people joining childcare franchises and 28 choosing social care franchises to transform their careers.
Filling a fifth of the EF100 league table, the hospitality industry was a haven for those looking to take a commitment to serve to a new career. Having created close to 4,500 jobs since January 2021 across 19 franchise brands, the sector has welcomed over 150 former frontline and public sector workers in the last two years.
To combat the effects of an unsteady financial climate over the last couple of years, many have found comfort and security in franchising. The opportunity to become a business owner and master of your own destiny but with a strong support network, makes franchising a popular option for those who want to make a difference in both their professional and personal lives. Joanna Reid, a former NHS worker turned franchisee for Bloom Baby Classes, explains the difference franchising has made to her life.
“I worked at The Royal Infirmary of Edinburgh as a Clinical Support Worker for 10 years before joining Bloom. I had a traumatic second pregnancy and birth which opened my eyes – I realised that life was too short to be doing something which drained me physically and mentally each day. Franchising with Bloom has not only allowed me to help children in their development, but I also have an amazing support system and a work-life balance I can fit around my family.”