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Bartercard reveals expansion plans

Written by Josh Russell on Friday, 15 May 2015. Posted in Franchise

Franchise announces bfa membership and new ten-year growth plan, which will see it take on 30 franchisees and 10,000 new members

Bartercard reveals expansion plans

We’re always pleased to hear about franchises that have grand expansion plans in the offing. Which is why we’ve broken out the champers and party poppers: Bartercard has announced it will be expanding its network and offering new franchise opportunities to those eager to own their business.

There are certainly big things in the pipeline for the business-to-business trade exchange. Not only has it revealed it is now officially a member of the bfa (British Franchise Association) but it has announced its ten-year growth plan, during which it will take on 30 new franchisees and over 10,000 members. This is set to build off the success of its most recent brokerages such as Salisbury, which has already exceeded its goal of drawing 100 new members in the region eight months ahead of schedule.

“We’re delighted to announce our membership of the British Franchise Association, helping to further cement our role as the UK’s largest business-to-business trade exchange and expand new franchising opportunities to entrepreneurs across the country,” said Philip Ciniglio, CEO of Bartercard UK. “Our goal in the UK for 2015 is to grow our franchise network and member base, and towards the end of the year we will begin a concentrated effort to expand our operations throughout Europe ensuring our members have international opportunities on their doorstep.” 

“We’re pleased to welcome Bartercard to membership of the BFA,” said Simon Bartholomew, chairman of the British Franchise Association. “As the UK’s only voluntary self-regulatory body for franchising we have very strict standards and criteria for membership based on a franchisor’s business systems, support structures and franchisee interactions. Bartercard, having satisfied this accreditation process, have shown a welcome commitment to ethical franchising and we look forward to them making the most of their membership as their network grows.”

For those eager for a slice of the action, you can find more on the franchise’s website. And we wish Bartercard all the best for the next stage in its growth. 

About the Author

Josh Russell

Josh Russell

When he isn’t tooling around on trains in a tux like the Daniel Craig of the Greater Anglia transport system, Russell spends his time living the glamourous life of an enterprise journalist, judging Digital Business of the Year at the National Business Awards and attending conferences like NixonMcInnes’ Meaning 2013. However, like all good secret agents, Russell lives a double life – in his case, as a closet revolutionary. Social enterprise, sustainable business and collaborative practices are his true passions, something that he has had plenty of opportunity to air in his features here at Elite Franchise.

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