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  #1 (permalink)  
Old 01-29-2007, 06:08 AM
Advice2 Advice2 is offline
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Posts: 101
Future of Franchising

Do you think Franchising is going to continue to grow or do you think it will be slowing down in the future? Why?
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Old 01-31-2007, 05:48 AM
Triton Triton is offline
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Re: Future of Franchising

I think that franchising is only going to get bigger. More people will transition out of the corporate world and start a second career. Franchises have and will continue to be an important part of our ecomomy
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Old 02-01-2007, 04:02 PM
TMZ TMZ is offline
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Re: Future of Franchising

I thought you maybe interested in this information given your question:


Business consulting franchises offer business coaching to their clients to improve areas such as leadership, general management, growth development, finance, operations advertising, marketing and sales. The number of units in the business consulting sector grew 221% from 2002 to 2005, with two brands holding more than 50% of the total analyzed market of franchised units.

Interestingly, both sector-leaders use a secondary method of franchise development beyond selling individual franchised units. By reading this Comprehensive Industry Report, you can find out what these methods are and evaluate whether or not they should be incorporated into your business model.

This report provides a thorough description and comparison of 21 business consulting franchise systems and their 871 units, representative of the franchising general business coaching services sector. Detailed information and analysis are presented in tables and charts, which examine such key drivers as:

methods used by each franchisor to develop their system
unit performance in the sector and unit-growth trends
the different levels of franchisor support offered to franchisees
financial performance of the franchisors based on audited financial statements
royalty rates, which range from 1.5% to 70% of gross sales
initial fees, marketing requirements, territory terms, and more!
This report is a must-read for franchisors, prospective franchisees, and anyone else who needs to understand the individual and collective performance in this growing sector.
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Old 02-02-2007, 05:53 AM
Business Watch Business Watch is offline
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Re: Future of Franchising

Wow I did not realize the franchise industry was growing so rapidly thanks for the info
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Old 02-03-2007, 06:35 AM
txa txa is offline
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Posts: 56
Re: Future of Franchising

My prediction is that franchising will continue to grow but there will be more competition less good ideas which will lead to lower royalties and other related payments which will be good for the franchisee but not for the franchisor.
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Old 05-10-2007, 06:20 AM
Bizwiz Bizwiz is offline
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Re: Future of Franchising

I think it will continue to grow but as a result of its growth and competition, many will fail.
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