Study Shows Franchising Rides Recession Wave

One franchise business that is riding the crest of the economic downturn wave is Venture New Generation Portraits.

(PRWeb UK/PRWEB ) May 23, 2009 -- Franchise businesses account for £12.4 billion of the UK's industry and are currently experiencing major growth - in 2008 the number of businesses operating as a franchise increased by 15 per cent, and compared to the rest of the UK's economy that grew only three per cent in the same period, franchises have made their mark as an important feature of the economic infrastructure of the United Kingdom. One franchise business that is riding the crest of the economic downturn wave is Venture New Generation Portraits.

Venture New Generation Portraits

Portrait photography has never been more in demand than it is today, and is a market pioneered by Venture, the UK's leading network of professional photography studios. As the ground-breaking creator of a unique style of portraiture, it has transformed the industry with its inspirational and personalised images that tell individual's stories across the UK, Ireland, Hong Kong, Korea and the USA.

Venture is unique because it is bold and challenging and continually pushes the boundaries of image and product design to ensure every portrait is an original piece of personal art. The professional photographers who are at the company's core have a creative passion that is second to none, and this is mirrored by the design teams operating at head office who develop the studio photography sessions into iconic pieces of art.

There are hundreds of franchise opportunities available across the country for those looking to get out of the rat race and benefit from the fruits of their own labour. However, the chance to be part of a truly innovative, lifestyle orientated organisation is a rarity. To really enjoy working life, something with a little more creativity at its core may be just the ticket.

As a franchise, the entire Venture franchise operation is structured and organised to give each franchisee the best possible opportunity of reaching their full potential through support and training. As a testament to this, Hull's studio owner was recently crowned Franchisee of the Year at the national British Franchising Awards in 2008.

The popularity of franchise businesses is justified - statistics show that new franchise units have a failure rate of less than five per cent - much lower than other new business type and that currently stands at 65 per cent. Franchises also enable people from all walks of life to manage their own business, even with no previous experience, as training and support are provided from a centralised head office operation. This support network also creates the operational strategies and establishes demand for the product or service.

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