Things are getting interesting. Government programs got us through the pandemic, but now they are winding down. The next big crisis has not revealed itself, but we have plenty of significant problems to consider as franchising plans for the next few years of growth. There are two topics I would suggest franchisors focus on to […]
June 8, 2023 Federal Trade Commission Attn: Lina Khan, Chairperson 600 Pennsylvania Avenue NW, Suite CC–5610 (Annex C) Washington, D.C. 20580 RE: Solicitation for Public Comments on Provisions of Franchise Agreements and Franchisor Business Practices (FTC Docket No.-2023-0026) (March 10, 2023) Dear Ms. Khan, FRANdata is grateful for the chance to present its perspective (referred […]
With 2023 planning well under way, it would be helpful to know what kind of economy we’re heading into. While it’s clear we’re heading into an uncertain 18–24 months, there are enough indicators to form some base assumptions. Will there be franchise growth in a recession? Let’s start with the consumer. In 2021, we saw […]
We are deep enough into the pandemic to more clearly see consumer patterns. The initial brunt of inflation has been absorbed and its implications are better understood. Labor shortages and supply chain issues coursing through the economy are revealing their impact. We’re far enough into 2022 to start seeing a picture of how franchise development […]
We clearly are seeing the impact of inflation as it increases operating costs across supply and labor inputs in 2022. Is there relief coming from this profit-eroding upward pressure? Small-business owners began signaling inflation concerns in the summer of 2021 and now it’s become a major concern. The most recent NFIB Small Business Economic Trends […]