Franchise and Small Business Startup News

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Entrepreneurs’ Optimism Shifts into High Gear As Investment Interest in High-End Franchises Doubles

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Atlanta, GA – (October 15, 2015) – A surge in high-dollar franchise investment inquiries signals growing optimism among entrepreneurs, as small-business owners and prospects look ahead to growth in the U.S. economy. Interest in franchises requiring more than $100,000 has nearly doubled over the past two years, and interest in $250,000+ businesses has tripled, according to the latest...

The Future Of Franchising: Two Evolving Ideas

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Two recent articles from Down Under propose some new paths for the evolution of the franchise business model. First is an analysis in the Wall Street Journal from two academics at the University of Sydney Business School. Under the headline “Why the Future Franchise Will Look Nothing Like Today’s.” In it, the authors propose the concept of “quasi-franchising” to combine...

Franchises Add 26,000 New Jobs as U.S. Jobs and Wages Soar

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U.S. franchise owners hired at an above-average pace in January while the U.S. economy outstripped expectations with 257,000 new jobs created and a gain in wage growth. The pace of hiring is one of the best economic indicators – it not only predicts future consumer demand, but it is a key indicator giving prospective franchise owners confidence to invest in new business locations. Local...

Lawsuit May Test McDonald’s ‘Joint-Employer’ Franchise Designation

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A new wrongful-termination lawsuit brought by 10 former McDonald’s workers in Virginia may test last year’s efforts by the National Labor Relations Board to classify McDonald’s corporate entity as a “joint employer” responsible for its franchisee’s local operations. One former NLRB member has said that the NRLB’s “joint employer” designation was...

Franchise Industry Expects To Grow Faster Than U.S. Economy in 2015

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Franchise businesses are expected to grow and create more jobs at a faster pace than the rest of the economy in 2015 for the fifth consecutive year, according to the International Franchise Association’s annual Economic Outlook report for 2015. But worries about Washington changing federal regulations continue to dampen the industry’s outlook, and could hold back the pace of growth...

Franchises Add 38k Jobs in Dec., Outpacing Broader Economy

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U.S. private-sector franchise jobs increased by 38,000 during the month of December, growing faster than the rest of the economy. with restaurants doubling the number of new The ADP National Franchise Report, drawn from payroll data, also saw restaurant franchises add twice as many jobs as the previous month. “At 3.4% for 2014, franchise job growth was notably stronger than the U.S. total private...

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