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 […]
2023 IFA/FRANdata Labor Study The International Franchise Association commissioned FRANdata to conduct its second annual longitudinal study on labor trends in franchising. The study was conducted with the goal of gaining a better understanding of the labor climate faced by franchisees. The study covers 169 senior executives representing franchisors and franchise portfolio companies that own […]
IFA/FRANdata Franchise Inflation Study The International Franchise Association (IFA) and FRANdata released the first annual survey on the impacts of inflationary pressures on franchised businesses. The survey, conducted by FRANdata, revealed that inflation is having a moderate to significant impact on 90 percent of franchised businesses, but being part of a franchise system has […]