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Business creation is on trend
The number of created business has been increasing these past few years.
In 2021, a record has been hit in France with 995,900(1) new companies created, 17% more than in 2020, when the previous record has been hit. It show that Covid has not harmed the French's will to become their own boss.
(1) Source: INSEE
Young people are the most motivated to create their business
What's the profile of an entrepreneur?
Mostly a young man, with more qualfications than the average in France. 1 person under 30 out of 2 is thinking about creating its business, whereas 1 French above 30 out of 4 is thinking to do so(2).
(2) Source IFOP - BPI survey
The French population is willing to create their own business
According to the annual franchise survey of Banque Populaire, 28% of French people would like to create their business and among thel 43% consider opening a franchise(3).
Indeed, the franchise model eases the process of starting up one's business, as one becomes their own boss and gets help, advice, experience and the reputation of the franchisor. Choosing a brand that has already proven its success, enables one to start his business quickly and safely.
(3) Source: 18th franchise survey of Banque Populaire, in partnership with the French Franchise Federation and Kantar - 2021
The dynamism of the franchise market
In 2021, there were 1 965 franchise networks in France, 79 134 franchised outlets, representing a turnover of € 68.8 billions(4).
Since 2015, the franchise model has increased: +7% of franchise networks, +14% of franchises outlets and a turnover of +29%.
Franchised oultets create jobs and are an asset for the French economy: in 2021, 447,711 were working for a franchise.
(4) Source: French Franchise Federation - 2021
Who are the franchisees?
- 76% of franchisees were employed before starting a franchise(4).
- 1 franchisee out of 2 has created its business in a different business sector.
- In average, a franchisee opens its first outlet at 36.
(4) Source: French Franchise Federation - 2021
Make your project come true
Order your badge to attend Franchise Expo Paris 2023. You will be able to meet the exhibitors (brands, franchise experts, banks...), benefit from support and advice to go on with your project, attend conferences and workshops...