Just how resilient is franchising? Franchising is a model designed for rapid expansion. Typically, when an industry shows attractive economic and social trend appeal, you will see more franchise activity. But what about during a pandemic, when whole swathes of the economy are challenged? Which industries continued to experience franchise growth and, conversely, which shrank? […]
At the latest Multi-Unit Franchising Conference, Darrell Johnson addressed the current state of franchise financing. Based on FRANdata analysis. Franchising is growing. The recovery after the pandemic has proven the resiliency of the franchise model and, in turn, increased lender trust in the franchising model. According to the latest from FRANdata CEO Darrell Johnson, demand […]
Franchising had an exceptional year in 2021, and 2022 looks to be another strong year of recovery. Bolstered by both the strengthening labor market and steady consumer spending, franchising is expected to continue to expand, trending upwards with the United States’ overall economic progression, but the pace of the growth in 2022 is most likely […]
In this first volume of the NCR for 2022, we have identified 78 new brands. One of the things that stuck out with this batch is the jump of international-based brands coming into the US market. We found 11 international brands for this quarter alone, compared to a total of 18 foreign-based brands from all […]
More than 80 new brands are in FRANdata’s latest New Concept Report. An interesting addition is Le Village a hybrid of coworking and childcare (always interesting to see two trends merge). Our analysts are forecasting growth in franchising for 2022 matching that of the US economy as a whole. Of particular interest is the anticipated […]