As you are aware Premier Sport is a full member of the British Franchise Association (bfa). In light of this I thought it would be interesting to provide a brief history of the bfa.
In 1997 eight of the largest franchise brands in the UK decided they needed to do something to differentiate their own ethical business practices from those companies with bad ones, and as a result the British Franchise Association (bfa) was formed.
The founding member companies of the bfa were ServiceMaster, Dyno-Rod, Holiday Inns UK, Kentucky Fried Chicken, Wimpy International, Ziebart GB, Prontaprint and Budget Rent a Car.
With no previous set standards in the UK, the industry thus created its own regulatory body and accredited a company’s suitability for membership on strict criteria related to operational practices, business procedures, franchise agreement terms and the support offered to franchisees.
The size and stature of these founding members and the bfa’s early work on business ethics restored credibility to the business model, and with the economic boom of the 1980s and 1990s many new brands came into UK franchising and remain there today. |