In 2022, the industry saw a huge jump in the number of brands entering franchising to 414 brands with 2023 looking to finish at a similarly high number. Before Covid, the industry averaged some 322 new brands a year. Since then, there has been an average of 383 new brands. That is a growth of […]
In our recent deep dive into franchise underwriting, we examined the SBA SOP to uncover how prudent lending and franchise underwriting intersect. What stood out is the ambiguity surrounding the term “prudent lending.” The SOP mentions prudent lending but lacks a detailed definition, which can be frustrating for lenders navigating these waters. Unpacking […]
Navigating the intricate world of franchising requires a deep understanding of market dynamics and regulatory environments, especially when expanding internationally. Comprehensive studies of the UK franchising sector and insights into UK brands venturing into the US have revealed key factors essential for success: UK Franchise Landscape The UK boasts over 1,000 franchise brands, with a […]
Check all the boxes for methodical franchise acquisition. One of the trends of the past few years has been growth through acquisition. Discerning the right acquisition targets is a pivotal step for PE groups, platform companies, and multi-unit franchisees eyeing expansion and diversification. This is especially true if you’re seeking to extend your reach beyond […]
In the complex landscape of franchise financing, the changes in Standard Operating Procedure (SOP) has inadvertently pushed franchise eligibility out of focus for many lenders. While they are engrossed in addressing more immediate changes, lenders have adopted temporary measures. A notable strategy has been to solicit confirmation emails from franchisors, affirming that no modifications have […]