As franchise system development becomes more competitive franchise systems are employing a new strategy to grow their brand and increase franchise sales.
The composition of the franchise investment differs in key areas such as: franchise fees, royalty rates, territory protections and Item 19 disclosures.
On average, more than 34,500 franchise outlets are opened and over $25 billion has been invested by franchisees on an annual basis since 2010.
Data has become essential to having a successful franchise development team. Those that maximize the power of data will sell more franchises.
When reviewing an FDD, we always keep our eyes out for any errors. The error that is the most troublesome for us is when we see Item 20 errors.
Franchise Grade is the leading franchise research company in the world. Our goal is to introduce you to industry trends affecting your investment decisions.
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