Another year has come to an end. And thus far it has been a busy year for the franchise industry. We have seen numerous new concepts opt for the franchise business model as their growth engine, enter the market, and a few others lose traction. So, what’s hot in the sector? Here is a quick […]
On Veteran Franchising: Last year, a report from the U.S. Small Business Administration showed there were about 2.52 million businesses in the nation mainly owned by veterans. Read more here. In the News: 6 Veterans Rocking their Post-Military Careers [Forbes] Veterans Share their Experiences Transitioning from Military Service to Franchise Ownership [Small Business Trends] LeanFeast […]
Last year, a report from the U.S. Small Business Administration showed there were about 2.52 million businesses in the nation mainly owned by veterans. The report showed small businesses owned by vets employed 5.03 million people and represented 9.1% of all U.S. businesses.[1] Franchising presents a fantastic opportunity for the nearly 2.5 million United States […]
On Franchise Sales Outstripping Unit Openings: “…as the economy recovered from the downturn and credit became more readily available, an increasing number of franchisors went on franchise selling sprees. A large number of these franchise sales are yet to yield positive returns to these companies’ recurring revenues.” Read more here. In the News: Moe’s Southwest […]
Franchising has rebounded since the recession, with the nation’s franchise establishments expected to increase to ~759,000 in 2018.[1] However, as the economy recovered from the downturn and credit became more readily available, an increasing number of franchisors went on franchise selling sprees. A large number of these franchise sales are yet to yield positive returns […]