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Newsletter February 16, 2006:
Franchising's Momentum in 2006
As the franchise world heads to the 2006 IFA Convention
(we're in booth 408 for those who are attending - stop by and say
hello), let's look at what our data shows is happening in franchising:
- Systems that have been franchising for 5 or more years a modest
14.2% growth in franchised units according to their 2005 UFOC (year-end
2004 data). The 3-year trend looks like this:
- We identified 513 new concepts in 2005. Those are primarily new
franchising business, with some subfranchisors, new co-brand options,
and local systems that have reached the national stage.
- According to our most recent database analysis, more franchised
units are controlled by multi-unit operators than single unit operators.
- SBA guaranteed loan volume to franchising is up and concepts on the SBA Franchise Registry now exceeds 500
It's hard to look at any aspect of franchising without concluding
that there is strong momentum going into 2006. There will be lots of
smiles on the convention attendees faces this year.
PREVIOUS QUIZ WINNER
Congratulations Louise Masarof from Deutche Bank!
Louise Masarof is a Vice President in Global Banking at Deutsche
Bank and Research Manager of the New York Business Information
Services. BIS does research primarily for the DB Corporate and
Investment Banking division. She holds a BA from Brooklyn College and
an MLIS from Pratt Institute. She previously worked at The Rockefeller
Archives and Channel 13.
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