First Quarter Franchise Growth Outpaces Last Year
2007 began with a lot of new franchises. There were 87 new franchise concepts identified during the 1st
Quarter of 2007, which is nearly twice as many as were identified in the same period in 2006.
Of the 2,600 franchise brands that we see actively franchising, more than half of them could be
characterized as "young" -- that is, franchising for 10 years or less. (See the next issue of
Franchise UPDATE for a fuller discussion of this trend)
As a supplier trying to market to franchising, this is good news. Younger systems have more
needs and fewer preferred vendor relationships already established.
The first quarter report saw new franchises in 57 different sectors - Coffee and Tea, Pizza,
and Fitness/Amusement Centers seeing the multiple new brands.
Now is your opportunity to gain early access and marketing advantages to young brands by subscribing
to the quarterly New Concept Report (NCR).
Call us at 1-800-485-9570 or Click New Concept Report (NCR) to subscribe today.
Need an even faster alert of new franchise brands?
Our monthly New Registration List (NRL) alerts
you of these franchises as we find out about them - the earliest possible headstart to contact them,
before even we get full information for them. As part of this service, you receive a discount for
any of the UFOCs for these brands that you need to know about as soon as they become available. Learn
more about the annual subscription here.
Already a subscriber to the NCR? Call us to learn about
bundled NCR/NRL alert packages at 800.485.9570.
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