90% of UK Businesses Fail Each Decade—Franchising Could Be the Answer

By Sabrina Stocker Sabrina Stocker has been verified by Muck Rack's editorial team
Published on October 1, 2024

In the fast-paced business world, it’s no secret that many UK enterprises face seemingly insurmountable challenges. Astonishingly, over 90% of UK businesses fail each decade.

Yet, while some falter, others flourish, achieving remarkable success. What’s the secret ingredient? Franchising.

Specifically, the model established by ActionCOACH is thriving in this unforgiving environment, setting a benchmark for entrepreneurial success and personal growth. The UK’s number one business coaching company could be proof that franchising is the panacea for struggling businesses and frustrated professionals.

Ian Christelow, the Co-Founder of ActionCOACH UK, was inspired to dedicate his life to helping others after witnessing his father’s business collapse. Now, he’s at the peak of the business coaching mountain and provides a poignant metaphor for the potential that franchising represents. He has shed some light on what makes ActionCOACH a flagbearer for the transformative potential of business coaching franchises:

A people-first philosophy

What’s different about franchising with ActionCOACH UK? It’s the model’s universal resonance with the human experience.

Certainty, variety, significance, connection, growth, and contribution were quickly identified as some of the reasons why ActionCOACH is attractive as a franchise model. For any business to thrive, it seems it must meet these needs, and ActionCOACH takes personal enlightenment hand-in-hand with professional growth and fulfilment. As Tony Robins shares, these six fundamental needs contribute to future happiness and success!

In a world that often feels disconnected, the need for love and connection is impossible to overlook. Building deep, meaningful relationships is integral to ActionCOACH’s ethos. Franchise partners frequently form lifelong friendships, sharing experiences and creating memories, from global conferences to friendly volleyball matches, all contributing to a vibrant and supportive community.

Startup with security

Certainty is paramount in any business venture. ActionCOACH guarantees financial success for anyone who follows its proven systems.

“The second thing you need as human beings is certainty in your life,” Ian says. “So you’ve got to look for a business that you’re absolutely certain is going to make money for you if you do the right things.”

ActionCOACH promises that franchise partners will achieve a monthly income exceeding £10,000 within seven months, a pledge backed by UK high-street banks willing to fund up to 70% of the start-up costs.

On the flip side, variety is also crucial. Monotony can be the death knell for motivation, scuppering a business’s potential.

ActionCOACH’s response is to ensure every day is dynamic and invigorating. Franchise partners like Parag Prasad engage with various businesses weekly, each presenting unique challenges and opportunities. This constant flux keeps the work exciting and enriches partners with a broad spectrum of experiences and insights.

Another key pitfall for many businesses is achieving success without recognition, which is vital for maintaining morale and drive. ActionCOACH hosts numerous awards and recognition events annually, celebrating the achievements of franchise partners and their clients while adding to its culture of excellence and mutual respect. Gavin Bellamy’s story is a shining example—his clients’ success at the BizX Awards reflects his dedication and the significant impact of his coaching.

A web of wisdom

Evident through its global network of over 1,000 franchise partners, the community is at the core of ActionCOACH’s ethos. Its comprehensive support system ensures guidance and mentorship are available wherever and whenever a franchisee needs it.

Likewise, growth and continuous learning are cornerstones of ActionCOACH’s culture. The company provides access to world-class training and learning opportunities featuring gurus like Donald Miller and Steven Bartlett. This relentless pursuit of knowledge ensures that franchise partners and their clients are always at the cutting edge of business practices.

Contribution is the final but equally important need. “One of our franchise partners tragically died of a brain tumor,” Ian explains. “Every year, we take on the Kent Rhodes Challenge to raise over £10,000 for children with cancer.”

Other philanthropic efforts aim to cultivate the next generation of business leaders: “We give back through our ActionCOACH Foundation to help entrepreneurial 12 to 22-year-olds get on the right path for success.”

So, when individuals join the franchise, they also align themselves with a company committed to positively impacting the local and global community.

Principles for Prosperity

Any global organization needs a unifying ethos, and ActionCOACH’s 14 Points of Culture keeps all of its coaches and support staff oriented around the same values. These pillars—commitment, ownership, integrity, excellence, communication, success, education, teamwork, balance, fun, systems, consistency, gratitude, and abundance—represent a lived reality, shaping every action and decision within the company.

A future in franchising?

ActionCOACH’s model is solid evidence that franchising can be decisive in a business’s sustainability and growth. It offers both structure and flexibility, ensuring that franchise partners have the support they need while still being able to innovate and adapt. The success stories emerging from ActionCOACH franchises reveal the approach’s potential, providing a blueprint for aspiring changemakers.

While the business landscape may seem daunting with its high failure rates, franchising with a well-established model like ActionCOACH offers hope. It addresses the fundamental human needs integral to business success and fosters a culture of support, growth, and contribution. For those ready to embark on a rewarding entrepreneurial journey, the ActionCOACH franchise presents a compelling opportunity, promising financial success and a fulfilling, impactful career.

By Sabrina Stocker Sabrina Stocker has been verified by Muck Rack's editorial team

Sabrina Stocker is an Executive Producer at Grit Daily TV and Editor-at-Large at Grit Daily Group. Based in Los Angeles, she is originally from the UK and has a storied career in the events and awards business.

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