A LEADING high street franchise said it expects to remain in a strong position to weather the current economic storm.
Cartridge World, which sells refilled and remanufactured printer cartridges, said it was optimistic for continued growth over the next 12 months.
It said it expected to open more outlets to add to its existing 86 sites, which include ones in Huddersfield, Brighouse and Cleckheaton.
The upbeat comments follow a survey by the British Franchise Association Survey which showed that the franchise sector contributed £12.4bn to UK economy in 2007 – while the sector grew by 18% against 3.1% for the UK economy as a whole.
Ben Smith, head of franchise recruitment UK for Cartridge World, said: “This report echoes what we are witnessing on the ground.
“The study reveals that the level of commercial failure remains historically low within the sector. This survey is a great boost of confidence to franchisees.” a