Surepass Interactive Brochure Surepass Interactive Brochure-INT VERSION | Seite 24

I N D U S T R Y A N A LY S I S WHY FRANCHISE? Owning your own business can be a very tempting idea. The notion that you can choose your own hours and create your own empire is an appealing concept. “Inside Startups” estimates 1 in 5 businesses fail in the UK within the first 12 months, 1 in 3 fail within three years, and in the following three years, 50% of the remaining businesses fail. In contrast, the 2014 (January) BFA & NatWest franchise survey shows that 92% of franchises in the UK are profitable and 49% claimed to be very profitable. Franchising may be a far more logical decision for the person who is ready to make a change but wants the security of a proven business concept. THE INDUSTRY According to the DVSA around 750,000 people are learning to drive each year, of whom 99% choose to take lessons from professional instructors. The total spent on driving lessons per year is estimated to be around £1.1 bn. It is also estimated that each learner, on average, requires 50 hours of professional instruction, which means on average each pupil is spending around £1,500. The DVSA statistics clearly indicates becoming a driving instructor can be very profitable. 24