Strong optimism in franchising sector

Ken Burke, AIB; Niall Fortune, owner, Eddie Rockets; and David Killeen, chairman, Irish Franchise Association

As business and consumer sentiment continue to gain momentum, there’s a strong sense of optimism within the franchising sector as it moves from a period of consolidation to a renewed period of growth.

Franchises tend to outperform standalone businesses, with significantly lower levels of attrition during recession, and that has proved the case in Ireland. But franchise businesses also perform well when the economy is on the rise, and that’s promising news for ...