In the face of economic challenges and changing market dynamics, franchisee recruitment takes creativity and agility. Franchisors need to adopt innovative strategies to recruit the right franchisees. Here are some effective approaches to consider when it comes to franchisee recruitment: Expand your Franchisee Recruitment Network: Franchisors should tap into their existing network of vendors, franchise […]
June 8, 2023 Federal Trade Commission Attn: Lina Khan, Chairperson 600 Pennsylvania Avenue NW, Suite CC–5610 (Annex C) Washington, D.C. 20580 RE: Solicitation for Public Comments on Provisions of Franchise Agreements and Franchisor Business Practices (FTC Docket No.-2023-0026) (March 10, 2023) Dear Ms. Khan, FRANdata is grateful for the chance to present its perspective (referred […]
By Steve Mize of GCF Valuation Last year we wrote an article on how to value a “personal service” franchise. In the original article we discussed some of the concerns being a continued decline in revenue trends for this industry due to competition and overall saturation in the market, but more importantly the reliance on […]
Pet Supplies Plus (PSP) was recently sold by Sentinel Capital Partners, a private equity firm that invests in promising lower mid-market companies, to Franchise Group, Inc. The deal is valued at $700 million. Read more here. Was it a smart investment? The answer is a resounding YES. Here are a few insights that inform this answer. High Historical and […]
Franchisees are the faceless owners and power behind franchise brands. Traditionally, this has been important because consumers don’t care who owns the business. They just care about product consistency and the brand experience. So why is this important? As investors, knowing more about franchisees is crucial because: You may be interested in identifying franchisee acquisition […]