We’ve had spectacular job growth in the past 2 years, yet the U.S. labor force is still about 1.8 million workers lower than at the start of the pandemic. Initially, many said the slow employment recovery was because of the Cares Act providing a safety net for many lower-wage employees who otherwise would have returned […]
FRANdata projects that franchise unit growth will rise 2.2% in 2022. While that doesn’t seem like a big percentage (and it is lower than 2021), it still represents about 17,000 new units. There are many economic factors influencing the appeal of franchising in the early stages of an economic recovery. The mood among franchise development […]
For this second volume of 2022 of the New Concept Report, we have been hard at work uncovering the latest brands entering the market and for this volume, a tremendous 86 new franchise brands across 23 industries. Interestingly, there are a good number of well-connected brands entering the market with 45 of the 86 identified […]
We clearly are seeing the impact of inflation as it increases operating costs across supply and labor inputs in 2022. Is there relief coming from this profit-eroding upward pressure? Small-business owners began signaling inflation concerns in the summer of 2021 and now it’s become a major concern. The most recent NFIB’s Small Business Economic Trends […]
The National Association of Government Guaranteed Lenders (NAGGL) just had its Spring Conference and FRANdata was there gathering insight on the latest in franchise financing. What’s the buzz on the upcoming New SBA proposed rule-making coming out in the summer? SBA is taking lessons learned from the pandemic, trying not to lose the momentum it […]