We’re still in the first quarter of 2020 and the world has seen a dramatic series of events unfolding every week. The most impactful being the COVID-19 outbreak, which started in China in the last days of 2019 and has rapidly spread across the world, disrupting people’s life and economic activities. COVID-19 is causing hysteria […]
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Another year has come to an end. 2019 has been a year of several ups and downs. We have seen numerous new concepts opt for the franchise business model and a few others lose traction. There were regulatory hurdles and there were operational hurdles that franchisors had to deal with in 2019. So, what’s hot […]
Franchising is an adaptive business model. Find an appealing economic sector where branding can be a growth factor and you’ll likely see franchising move in. I’m going to put a bunch of trends together here and see if anything can be connected to the future of franchising. To do that we need to look at […]
“Burgerim was once one of the hottest, fastest-growing brands in the U.S. Then its founder left the country, leaving behind a wreckage of unpaid workers, bankrupt franchisees and others struggling to make it work.” – “The Burgerim Disaster” Restaurant Business Jan 17, 2020 Some 40 banks have more than $29M at risk of loss and […]
Buoyed by growing consumer spending and growth in disposable income levels, FRANdex achieved major year-over-year gains in 2019. In the year, franchise companies’ (excluding McDonald’s) annual returns were almost like those achieved by the S&P 500 and the Russell 2000 indices. Hospitality franchises were the major gainers in the year, up 34.5% y-o-y; overall the […]