America’s fastest growing sport – Pickleball! Pickleball is taking America by storm, earning its title as the country’s fastest-growing sport. This dynamic game, a blend of tennis, badminton, and table tennis, offers something for everyone. It’s played with a paddle and a perforated plastic ball on a court like badminton but with a modified tennis […]
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 […]
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 […]
Taking time for introspection is always a valuable endeavor. This principle holds true for personal growth and for the success of your franchise. We need context that comes from assessing our progress and our relationships with others. If we are to properly prepare for 2024, we need to understand how we compare with our competitors. […]
SBA lenders have been faced with unprecedented changes in the way they finance SBA loans. These changes are unwelcome and, for the most part are causing significant uncertainty for both lenders and borrowers. The key takeaway for you as franchisors are to do whatever you can to help provide lenders certainty and speed because they have less […]