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Franchise Blog

4,000 Franchised Brands & Counting

  Joseph Berger  |    Jan 30, 2019 9:05:35 AM  |    Franchise Opportunities

Joe Matthews, founder of Franchise Performance Group and former Subway developer, has gone on the record many times lamenting the rapidly expanding number of brands entering the franchise industry. In an October 2018 article he stated that hundreds of brands are entering the game every year despite a fairly flat entrance rate of new franchisees. It's getting harder and harder to stand out in the growing crowd. Matthews reflects on several changes that he's seen accompanying this proliferation of brands such as the professionalization of franchises and the influx of Private Equity.

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Franchisees Fortify Communities

  Joseph Berger  |    Jan 29, 2019 3:29:02 PM

Jeff Bevis, writing for Forbes, published an article yesterday highlighting the positive impact of franchises on local communities across the United States. Bevis points out that franchised small business are true local businesses, even though the brands themselves are regional or national. This is because the franchise owner is usually a local, the employees are local, and they often do business with local vendors and businesses. By bringing in a franchised model to the community, they're bringing in a model that's proven to work accompanied by a training and support system. The hope that working with a franchise will improve an entrepreneurs likelihood to succeed extends to the employees and community. Successful small businesses are a bedrock of communities, bringing stability in employment, services, and taxes. A 2017 article published by David Kirby of the Huffington Post commented that the majority of jobs and nearly half of U.S. private payrolls are produced by small businesses operating in communities across America. Kirby wrote, "Our nation’s stability is in part predicated upon a stable economy and the financial strength derived from these businesses."

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Franchising Definition

  Joseph Berger  |    Jan 21, 2019 5:06:54 PM  |    Franchise Opportunities

Google defines franchising as a verb meaning to "grant a franchise to (an individual or group). The term dates back to the late 18th century, but came in to popular usage from the 1950s forward. 

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Women in Franchising | A Growing Success Story

  Joseph Berger  |    Jan 17, 2019 5:18:08 PM  |    Franchise Opportunities

Thanks to the work of the National Association of Women Business Owners, we know that American women now operate 39% of privately business and those businesses provide nearly nine million jobs close to two trillion dollars in sales. It's expected that Women ownership will continue to expand. A June 2018 report by Small Business Trends shows that rates of women and minority franchise business owners have climbed in the past few years. Between 2007 and 2012 minority ownership of franchise businesses went from 20% to 30%, which has grown much faster than non-franchise business. Ownership of franchise business also went from 20% to 30% in that same five year period.  A June 2018 article by Forbes corroborated this information and went further, showing that back in 1995, the proportion of women-owned franchise was less than ten percent.

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E-2 Visas from Canada

  Joseph Berger  |    Dec 7, 2018 1:51:00 PM  |    e-2

Canada to U.S.A.

241 Canadians used an E-2 Visa to enter the United States and start a business in 2016 according to a March 2017 report from the State Department. Canadians area able to apply for E-2 Visas due to an existing trade treaty dating back to 1993. There are over a million Americans with some Canadian heritage. Many Canadians, known as "snowbirds", flock to areas such as Arizona, south Florida, southern California, and so on for warmer weather during the brutal Canadian winters. 

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E-2 Visas from Germany

  Joseph Berger  |    Nov 30, 2018 1:38:00 PM  |    e-2

German E-2 Visas

The March 2017 report from the State Department cited 322 accepted E-2 Visas in the year prior, making Germany one of the leading origins of E-2 Visas. German citizens are able to apply for an E-2 Visa as the U.S. and Germany have an established trade treaty dating back to 1956.

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Franchise Opportunities in Fort Worth

  Joseph Berger  |    Nov 23, 2018 11:47:00 AM  |    Franchise Opportunities

Fort Worth: An Overview

According to DataUSA, there are 855,897 people living in Fort Worth, TX. The median age is somewhat young at 32, the median property value is $151,000, and the most common professions are in business management, sales, and healthcare administration. Several major companies are headquartered in Fort Worth including American Airline, BNSF Railway, and RadioShack. Fort Worth has a higher than an average rate of residents whose first language isn't English. The top non-English languages include Spanish, Vietnamese, and Laotian.

 

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Atlanta Franchise Opportunity

  Joseph Berger  |    Nov 16, 2018 12:55:00 PM  |    Franchise Opportunities

Atlanta Economy

According to DataUSA's 2016 records, Atlanta's metropolitan area has nearly six million residents with a positive growth rate. The median household income was $62,613 and rising. The average property value was just shy of two hundred thousand and also rising. Over sixty percent of households are lived in by their owner and the average Atlanta resident has a thirty minute commute. Atlanta holds the headquarters of notable nationwide companies such as Coca-Cola, Home Depot, Delta Airlines, and Chick-Fil-A. Atlanta is a diverse metropolitan area. There is nearly half a million Spanish-first residents, as well as sizable populations of African-language speakers, Chinese speakers, and Korean speakers. 

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Bethesda Business Opportunities

  Joseph Berger  |    Nov 9, 2018 12:51:00 PM  |    Franchise Opportunities

Bethesda Market

According to BestPlaces.Net, Bethesda has some incredible economic markers. For starters, the unemployment rate stands at 3.7% and the average income is well above the national average. DataUSA corroborates that information by noting that the average household income in Bethesda is nearly $150k. There are considerable numbers of people employed as scientists, in healthcare, and in tech services. 

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Franchise Opportunity in Alexandria VA

  Joseph Berger  |    Nov 2, 2018 12:22:00 PM  |    Franchise Opportunities

Alexandria Market

Directly across the Potomac River from the nation's capital, Alexandria is a place of economic prosperity, enjoyable living, and opportunity. The greater DC area is one of the most prosperous metropolitan areas in the world, and Alexandria benefits from this placement. There is a considerable amount of development going on, with the Alexandria Economic Development Partnership releasing a report showing significant construction going on in multiple locations in Alexandria.

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