Almost 50% of Emerging Franchise Are Looking to Outsource Technology Functions Technology, Construction, Marketing, Real Estate, Legal Counsel — Among Top Functions That They are Looking to Outsource The emerging brand population is not insignificant. FRANdata adds 1-2 franchisors to its database each day. These franchisors tend to be smaller or new to franchising. In the last quarter […]
It is easy to discredit “new” brands in franchising, but there are advantages to understanding this group of franchise go-getters. Over the last 5 years, these emerging brands have added new units by 75% compounded annually, from 800 locations in 2012 to over 8,000 in 2016. No, not all new concepts make it, but when they […]
The banking industry is increasing its conventional business lending activity. Since the recession they have focused on lower risk businesses, which translated into larger businesses with good track records. More recently they have been expanding their focus to smaller businesses with less experience. Concurrently, we have seen the rapid expansion of alternative lenders, led by […]