We are deep enough into the pandemic to more clearly see consumer patterns. The initial brunt of inflation has been absorbed and its implications are better understood. Labor shortages and supply chain issues coursing through the economy are revealing their impact. We’re far enough into 2022 to start seeing a picture of how franchise development […]
We clearly are seeing the impact of inflation as it increases operating costs across supply and labor inputs in 2022. Is there relief coming from this profit-eroding upward pressure? Small-business owners began signaling inflation concerns in the summer of 2021 and now it’s become a major concern. The most recent NFIB Small Business Economic Trends […]
We’ve had spectacular job growth in the past 2 years, yet the U.S. labor force is still about 1.8 million workers lower than at the start of the pandemic. Initially, many said the slow employment recovery was because of the Cares Act providing a safety net for many lower-wage employees who otherwise would have returned […]
FRANdata projects that franchise unit growth will rise 2.2% in 2022. While that doesn’t seem like a big percentage (and it is lower than 2021), it still represents about 17,000 new units. There are many economic factors influencing the appeal of franchising in the early stages of an economic recovery. The mood among franchise development […]
We clearly are seeing the impact of inflation as it increases operating costs across supply and labor inputs in 2022. Is there relief coming from this profit-eroding upward pressure? Small-business owners began signaling inflation concerns in the summer of 2021 and now it’s become a major concern. The most recent NFIB’s Small Business Economic Trends […]