Service-based franchises have become increasingly popular as a result of the aging population and peoples’ busy lifestyles. Home services in particular is a rapidly growing industry that’s estimated...
While the amount of women pursuing franchise ownership dipped during the pandemic in 2020, Franchise Insights reported that “women are returning to the pursuit of business ownership…and now...
Buying a franchise comes with several unique benefits when compared to starting a business from scratch. Most notably, franchise ownership allows you to acquire a trusted brand with established...
Franchising is a major force in the US economy. With total franchise output increasing by 4.1%, it is expected to continue growing throughout 2024 despite economic uncertainties. Anyone starting...
The education market is rapidly growing worldwide. In fact, “Total revenue is expected to show an annual growth rate of 9.11%, resulting in a projected market volume of US$11.83bn by 2029”...
Franchising has proven to be a resilient industry that continues to grow even amidst economic uncertainty. The International Franchise Association (IFA) forecasted that franchise establishments will...
“The U.S. child care market size was estimated at USD 61.70 billion in 2023 and is expected to grow at a CAGR of 5.86% from 2024 to 2030” (Grand View Research). The child care industry has proven to...
“A recession is a significant, widespread, and prolonged downturn in economic activity.” (Investopedia) While the United States government has adopted fiscal and monetary policies to prevent another...
A franchise resale refers to the purchase and transfer of an existing franchise location, one that’s already been established and operational for some time. In this situation, a buyer purchases the...
Despite various economic uncertainties, it’s projected that the franchise industry will continue growing in 2024 with franchise establishments increasing by 1.9% (almost 15,000 units) and total...