2024 Annual Franchisee Survey This annual report by FRANdata with the support of the International Franchise Association, highlights the ongoing struggles of franchisees in the face of persistent inflation and rising operational costs. Despite easing labor concerns, 87% of franchisees report a significant impact from inflation, with 80% experiencing lower earnings over the past year. […]
An Analysis of the US Pickleball Franchise Industry 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 […]
2024 Annual Franchisor Survey The 2024 Franchisor Survey surveyed 215 brands identifying trends and challenges facing their businesses – including ongoing labor market challenges, inflation, technology advancements, and policy concerns. The findings reveal that while the labor shortage is improving, it is still the top concern facing franchised businesses. Inflation pressures are easing, and franchisors identify slowing consumer demand […]
2024 Economic Impact Report Franchising continues to outpace the U.S. economy – even exceeding projections for 2023 in the face of ongoing economic uncertainty. The report forecasts that in 2024, franchises will grow an additional 1.9 percent, adding 15,000 units, totaling 821,000 units in the U.S., and 221,000 jobs totaling 8.9 million employees. Find out more on […]
2023 Franchise Leadership and Development Economic Outlook for Franchising Access Darrell Johnson’s latest Franchise Leadership and Development General Session presentation.Darrell’s annual State of the Economy address discusses factors that affect the U.S. economy; such as the labor market, supply chain, and access to capital; and its impact on franchising, both in the near term and […]