International Franchise Association
Blog Note: Recently, Jania Bailey, FranNet President and COO, was featured in Franchising World magazine, a publication of the International Franchise Association (IFA). Jania is a Certified Franchise Executive (CFE) and sits on the Board of Directors for the IFA. This article was reprinted with permission from the IFA. To create a team environment, [...]
One of the great selling points of a majority of franchise opportunities in the marketplace today is the option to choose a “manage the manager” business model. It’s also referred to, in a more highbrow sense, as the “semi-absentee” model. To many interested parties, this is a convincing benefit because they see this option as [...]
Looking into the purchase of your own personal franchise continues to be both a good and safe bet as we travel further into the 2013 calendar year. While the economic recovery continues—albeit at a much slower pace than needed or anticipated—there is still much uncertainty in the air. Leading to this general feeling of unease [...]
Seniors may make up 25% of Canadian population by 2036, highlighting need for home health care franchises The Baby Boomer generation has reached retirement age, and the franchise industry throughout North America is rising to meet the challenge of a flood of seniors who live longer than ever and want to stay in their [...]
FranNet’s Gary Prenevost offers advice on franchising a business model successfully.
Sound statistics underlie our optimism. Recently, the International Franchise Association released an extensive Economic Impact Report that, using 2007 U.S. Census data on franchise businesses, carefully measures franchising’s economic impact in the United States.
Veterans returning from service abroad continue to find themselves wanting to try something new, rather than get back into former employment situations. Today, more than 1500 veterans opened franchised small businesses in the US thanks to the Veterans Transition Franchise Initiative. This is an International Franchise Association (IFA) program known as VetFran, which offers discounted [...]
Looking for a way to ensure your success before you even get started with a franchise? You’re ready to open a franchise for the first time. Thinking you’d better do your homework, you grab every book you can find on accounting, customer service, employee motivation, marketing, cash flow, sales techniques…and on and on. Before you [...]
In a welcomed bit of good news, the International Franchise Association (IFA) reports in the 2011 Franchise Business Economic Outlook that 2011 will be a rebound year for franchised businesses. Projected growth will come in the number of establishments, jobs and economic output in the franchise industry. Other interesting projections and stats from the report: [...]
Interested in opening a franchise? This week, we feature a beginner’s guide to some of the activities you will need to complete before you start, including reading a FDD and interviewing a franchisor. Successful franchisees It cannot be stressed enough: research is important. You must do your homework. Successful franchisees conducted careful market research, developed [...]