A Norfolk based business which offers five day intense driving tuition to its clients, which includes a number of celebrities, is expanding and now has centres in four cities.
(Media-Newswire.com) - A Norfolk based business which offers five day intense driving tuition to its clients, which includes a number of celebrities, is expanding and now has centres in four cities.
5Day, which is based on Queens Road in Norwich, was formed by Jo Minkler in 2002. It now has centres in Manchester, Norwich and most recently in Peterborough. Additionally they are the franchisor to a new operation in Barnet. 5Day intense course has proved to be very successful and is becoming a firm favourite with celebrities who are learning to drive. Recently Jamelia, Emmerdale's Adam Thomas, Big Brother's Brian Belo, Hollyoaks / Emmerdale's James Sutton and Coronation Street's Catherine Tyldsesley have all used the company to get their licences quickly and conveniently.
The company have been advised and supported by the NatWest commercial banking and franchising teams in Norwich.
The latest survey by NatWest and the British Franchise Association ( bfa ) showed throughout 2011 franchising further increased turnover by £13.4 billion nationally. Franchising accounts for a turnover of approximately £0.9 billion in the East of England. While other sectors contracted over the year, 9 out of 10 franchise businesses posted a profit - reducing loss-makers to pre-recession levels. Further growth is likely as 76% of those surveyed expect business to improve in the coming months ( compared to only 44% of all SMEs ). Most ( 80% ) believe that franchising gives them a competitive advantage over other small businesses as they have the support of a larger brand.
In contrast to a UK-wide rise in unemployment of 180,000 in 2011, a total of 73,000 jobs were created in the franchise industry nationally and 5,110 in the East of England. This comes as the number of franchising systems operating right across the UK increased to 929, with 40,100 franchise business units employing 594,000 staff. In the East of England there are 2,807 franchise business units employing 41,000 people. The number of larger franchise units employing more than 11 staff increased by 30% in the past year according to the survey.
This story was released on 2012-06-12. Please make sure to visit the official company or organization web site to learn more about the original release date. See our disclaimer for additional information.