The Sweet Street of Success, on the other side of the tracks.

Growing up in the Northern Valley of Bergen County, New Jersey, there was a neighborhood which always defined success for me. The street was and is still today lined with the most beautiful and luxurious homes from stately Colonials to contemporary Chalets and Mediterranean Masterpieces framed by lush landscapes, great entertaining space and swimming pools, lots of great swimming pools. That street is Wescott St in Old Tappan, NJ or as we said in Northvale- Westcott St. I find it fitting that my very first residential real estate listing is on the street which without a doubt helped to drive me towards success. I am proud to unveil my first residential real estate listing located at 10 Wescott St Old Tappan, NJ. A beautiful home that is truly the essence of Old Tappan. This location can’t be topped and the home is solid in every way and allows for the next owners to easily customize to their liking. Let me show you why this home is a steal at $1,099,000.

Real Estate is a great business and I am so happy to be helping people find their home of their dreams and helping seller’s maximizing the value of their home.

Click here to see George Lanzaro’s Real Estate listings in New Jersey

Are you looking for Capital or Deal Flow in the franchising space??

This session will consist of a panel discussion covering how to position your franchise company for Private Equity investment and what PE firms look for in a Franchise company acquisition or strategic partnership.

Are you looking for Capital to build your Franchise Company???
– OR –
Is your Investment Firm looking for deal flow in the franchising space??

By Gary Occhiogrosso
Founder of Franchise Growth Solutions, LLC.

On Friday, June 1st, I will be moderating a panel at the IFE in NYC. It will be comprised of Franchisors and Private Equity associates. Please see below for details and please let me know if you’d like to attend the meeting. If so, contact me here or at [email protected] & I’ll send you a FREE PASS to the Expo.

10:00 AM – 11:30 AM
+/- Private Equity Investing and Franchising
Room: 1B05
Moderated by: Gary Occhiogrosso, Managing Partner, Franchise Growth Solutions
Panelists: Roger Lipton, President, Lipton Financial Services; Grant Marcks, Vice President, Head of Business Development, Atlantic Street Capital; Kirk McLaren, MBA, CTP, CPA, Georgetown University
This session will consist of a panel discussion covering how to position your franchise company for Private Equity investment and what PE firms look for in a Franchise company acquisition or strategic partnership. In addition, there will be plenty of “networking” time for both Franchisors and Private Equity attendees to meet & network. This is a great opportunity for Investors and Franchisors to meet face to face and discuss current and future opportunities.
Sponsored by Franchise Growth Solutions, LLC. www.frangrow.com

FREE PASS To the International Franchise Expo in NYC
USE PROMO CODE FGS at: https://r1.events-registration.com/IFE2018/?source=FGS
YOU ARE INVITED BY
Franchise Growth Solutions
Booth #340
USE PROMO CODE FGS

This session will consist of a panel discussion covering how to position your franchise company for Private Equity investment and what PE firms look for in a Franchise company acquisition or strategic partnership. In addition, there will be plenty of “networking” time for both Franchisors and Private Equity attendees to meet & network. This is a great opportunity for Investors and Franchisors to meet face to face and discuss current and future opportunities.

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#networking #businessdevelopment #financialservices, #franchiseconsulting #strategicpartnerships #ife #capitalization #dealflow #investments #acquisitions #privateequity #howto #franchising #pe #positioning #officers #universities, #moneyraise, #Franchisesales,#expansion, #capital, #NYC, #Sharktank,

“Franchises in Urban Markets across the USA”

Given the numerous types of goods and services offered by franchised operations and the resurgence of Urban markets, there is a growing trend by franchisors to focus their growth plans on the urban renaissance.

“Franchises in Urban Market across the USA”
By FMM Staff Writer

Competition in a rising Urban Economy
The US economy is one of the most innovative, dynamic and competitive in the world. Known to be the largest consumer market, there are many brands both domestic and international that focus on entering key Urban markets. The past two decades have witnessed more and more families entering and living in the urban core of the US. However, opening in a downtown location pose some challenges for the franchisee. Urban areas often have rigid regulations and extra taxes, especially for the restaurants. Rent, the most important element can be significantly higher than the franchise model calls and may drive the franchises out of the market. Organizations and individuals that realize these uniques Urban opportunities sometimes need to make adjustments to their existing models or create a new one to match the needs of the resurging Urban market. Those that can afford the rent are often forced to move into a storefront half which may require redesigning the concept of franchising from a well-established architectural footprint.

Success Keys
Regardless of the market size; according to the Gary Occhiogrosso, Founder of Franchise Growth Solutions, LLC., a franchise needs the following attributes to be successful:

• It must be credible and needs a proven track record of success
• It must be substantially different and better from its competitors
• The systems must be in place and the knowledge transferable.
• Most importantly, the franchise must provide a return on the investment for the franchisee.

Varied Products and Services
Surprisingly, according to the IFA’s Economic Impact Study, there are over 900,000 franchise business locations and more than 3,200 different franchise creating more than $2.3 trillion in sales every year. One out of every seven jobs in the US is directly created through franchising. In addition, about 54 percent of every retail dollar is spent at a US franchisee.
Of the 3200 franchised brands, 55 percent are retail franchises of which 45 percent of the market is controlled by food. The balance of the brands in the franchise industry are service-related brands IE: lawn care, painting, real estate, senior assistance, plumbing, electrical and other mobile “man with van” type businesses.

Focus on Growth
Given the numerous types of goods and services offered by franchised operations and the resurgence of Urban markets, there is a growing trend by franchisors to focus their growth plans on the urban renaissance. The idea that “the higher the population, the greater the potential customer base” is luring franchise companies that otherwise up to this point never considered some of the larger US Urban markets. The question is; will this trend be maintained and eventually lower the financial risk associated in higher rent areas with growing competition. Be that as it may, many of franchise systems remain focused on maintaining their presence in the top 50 markets in America.

References
Franchisedirect.com, IFA, Franchise Growth Solutions,LLC.
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Let Franchise Growth Solutions turn your business into a franchise, visit www.frangrow.com

SKINNYPIZZA OPENS IN GREENWICH CONNECTICUT – PIZZA THAT IS “BUILT WITH NO GUILT”

FOR IMMEDIATE RELEASE:
SKINNYPIZZA® OPENS IN GREENWICH CT
Healthier Take on NY Style Pizza Adds 5th Fast Casual Restaurant
Now, diners pay one price and build their own custom SkinnyPizza® from a large selection of fresh toppings -Built With No Guilt®.” — Joe Vetrano, FOUNDER AND CEO

NEW YORK – APRIL 11, 2018
www.skinnypizza.com
SkinnyPizza®, the New York City-based chain that offers a healthier take on traditional New York-style pizza, will open its first Connecticut location on April 11, 2018 at 30 Greenwich Avenue in Greenwich, Connecticut.SkinnyPizza®’s new location, the only pizza eatery on Greenwich Avenue, is making its home in a building first constructed in 1875 and is part of the Greenwich Avenue Historic District listed on the National Historic Register.

Skinny Pizza Franchisees and Greenwich residents, Dr. Denis and Eleni Bouboulis said, “We are really excited to be opening a SkinnyPizza in the Greenwich community. We fell in love with the SkinnyPizza® concept and believe it’s a great addition to Greenwich Avenue.”

Bouboulis adds, “SkinnyPizza® flavor-packed, thin crust pies are lower in calories and made using all natural, potassium bromate free flour.” SkinnyPizza® also offers a menu of pastas, salads and soups, all with a healthier take on traditional Italian favorites.

SkinnyPizza® was founded in 2009 by Long Island veteran restaurateur and CEO, Joseph Vetrano. He describes SkinnyPizza® as “real pizza, real thin.” From his experience working in his family’s pizza and pasta restaurant, Vetrano saw the trend to cut carbohydrates and calories in classic food stuffs – and offer a level of interactivity to the process. Now, diners pay one price and build their own custom SkinnyPizza® from a large selection of fresh toppings. Vetrano calls his custom SkinnyPizza® pies, “Built With No Guilt®.” Vetrano continued by announcing that SkinnyPizza® plans to roll out a new Cauliflower Pizza Crust”

SkinnyPizza® will cater to Connecticut consumers who, like ninety-three percent (93%) of Americans, enjoy pizza monthly, and the two-thirds who opt for a thin crust pizza variety, according to Statistic Brain in 2018. The SkinnyPizza® menu was designed for those that are health- and environmentally conscious, with pizza sauce made from organic tomatoes and pasta dishes made from organic, GMO-free, egg-free, cholesterol-free, low-sodium, high-fiber pasta. The location also offers a line of soups that include vegan, vegetarian, dairy-free and gluten-free options.

The Greenwich Avenue SkinnyPizza® location will open in Connecticut on April 11, 2018 with a ribbon cutting at 10amET. Local politicians and members of the Chamber of Commerce will be on hand to conduct the ceremony. To celebrate the Grand Opening, SkinnyPizza® will offer one dollar ($1.00) priced pizzas from 11:30am to 2:30pm to 500 customers who present a redeemable ticket on-site. Street teams locally will distribute the tickets to Greenwich Avenue shoppers and merchants in the days leading up to the Grand Opening. SkinnyPizza® will also provide the Greenwich Chamber with pizza samples at their Business Showcase on April 26, 2018.Mr. Occhiogrosso has over 30 years’ experience in franchise development and was integral to the success of nationally recognized brands including Ranch *1, Desert Moon Fresh Mexican Grille, and brands found under the multi-brand franchisor, TRUFOODS, LLC.

SkinnyPizza®’s Greenwich location joins other franchises & company owned restaurants in New York City, Long Island, Dallas, Pennsylvania and Saudi Arabia. Vetrano has teamed with franchiseindustry expert, Gary Occhiogrosso, founder of Franchise Growth Solutions, LLC, to expand the turnkey SkinnyPizza® fast casual QSR (quick service restaurant) business model from five (5) locations in 2018 to fifteen (15) locations by 2020. SkinnyPizza® franchises are currently available in NY, CT, PA, NJ and along the eastern seaboard.

SkinnyPizza shoot @ 225 Liberty Street Locacion, NYC

ABOUT SKINNY PIZZA®
SKINNYPIZZA® is the first fast casual pizza concept emerging from the New York market; the home of some of the greatest tasting pizza in the country. SKINNYPIZZA® has transformed pizza, one of America’s most popular food options, into a healthy food choice that raises the consciousness of nutrition and health. SKINNYPIZZA® is categorized as fast casual dining that offers custom made pizza, organic salads, soups and pastas. SKINNYPIZZA®’s diverse menu prides itself on using fine ingredients with no preservatives or additives. The ingredients used are delivered fresh daily from local markets. The tomatoes are 100% organic and the meats are hormone and nitrate free. The pizza crust is made using all natural flour, potassium bromate free. The guests choose from original white crust, wheat or gluten-free and can build their own custom pizza according to their dietary preference. All-natural Stubborn sodas are among the beverage selections available.

ABOUT FRANCHISE GROWTH SOLUTIONS, LLC
Franchise Growth Solutions, LLC is a strategic planning, franchise development and sales organization offering franchise sales, brand development, strategic planning, real estate and architectural development, vendor management, lead generation, and advertising, marketing and PR including social media. Franchise Growth Solutions’ proven “Coach, Mentor & Grow®” system puts both franchisors and potential franchisees on the fast track to growth. Membership in Franchise Growth Solutions’ client portfolio is by recommendation only.

For more information on SKINNYPIZZA® fast casual restaurant concept, please visit skinnypizza.com. For information on owning your own SKINNYPIZZA® franchise, please contact Gary Occhiogrosso at 917.991.2465 or via email at gary(at)skinnypizza(dot)com

CONTACT: Gary Occhiogrosso
Franchise Growth Solutions
917.991.2465
gary.skinnypizza.com
www.frangrow.com

Employee Engagement Strategies

A realistic goal is to ensure all points of engagement that are appropriate are done in an effective manner so that the exchange is mutually beneficial to the employee and the business. Once an employee loses that desire to go to work each day, you are fighting a losing battle if behaviors of the supervisors do not change.

Employee Engagement Strategies
Article by Jennifer Cook, Director of Operations – Used with permission- Symbiance HR

This edition of our newsletter is dedicated to addressing Employee Engagement using a Three Phase Strategic approach. All three (3) strategies are included in this month’s newsletter.

We are confident you will find value in this information. If you do, please forward this email on to those who you believe could also benefit from the content. Have an HR topic you would like to see in an upcoming newsletter, send us an email with your request and we will be happy to consider the topic for future communications.

There’s Trouble when Engagement is Lost!

It would be unrealistic to expect 100% engagement in any workforce, or even 100% engagement from any individual employee. There will always be conflicting priorities that your employee experiences including family, health, education, community, and income opportunities. Organizations compete with these realities daily, and sometimes ignore the fact that forcing an employee to ignore other priorities in life often is experienced negatively by the employee.

A realistic goal is to ensure all points of engagement that are appropriate are done in an effective manner so that the exchange is mutually beneficial to the employee and the business. Once an employee loses that desire to go to work each day, you are fighting a losing battle if behaviors of the supervisors do not change. Countless times we hear how employees are not focused, performance is dropping, communication has disappeared, and the individual has checked out. This is not uncommon, and many of you reading this right now have experienced this very thing in your own lives. What I encourage is you reflect on those past experiences and focus on what you expected from your employer to change how you felt.

A company that fails to spend the time and resources on their human capital, their greatest asset which is the workforce, will see engagement slowly but surely disappear. All the promises and commitments in the world will not make the employees engaged, nor will throwing money at them. The negativity you might experience in managing a disengaged workforce pales in comparison to what your customers and clients are feeling when they interact with these employees. Your business can experience significant setbacks and loss of revenue if engagement isn’t handled effectively.

I urge you to take this month’s articles on engagement to heart. Take from them the nuggets of gold that will help you improve your strategies and tactics in your organization to produce a more productive workforce and an engaging culture in which your employees enjoy coming to work every day.

Article by Jennifer Cook, Director of Operations

We can help you with these programs and would like to speak with you today about developing your strategy to accomplish eengagement in your workplace. Contact Jennifer Cook, Director of Operations, by calling 888-343-7340 or by email at [email protected] Visit:http://www.symbiancehr.net/

SHAKE SHACK “EVOLVES” TO ELIMINATE CASHIERS -PROGRESSIVE TO BE SURE, UNINTENDED CONSEQUENCES WILL TAKE A WHILE TO EVALUATE

SHAKE “SHOCK” (SHAK) – VIDEO FROM 3RD DAY OF NEW LOCATION – KIOSK ORDER & PAY – NO CASHIERS
By Roger Lipton


SHAKE SHACK “EVOLVES” TO ELIMINATE CASHIERS -PROGRESSIVE TO BE SURE, UNINTENDED CONSEQUENCES WILL TAKE A WHILE TO EVALUATE

Danny Meyer, founder of Shake Shack, is no longer actively involved in management of this leader within the “fine” casual dining industry. His cultural influence is no doubt being maintained as one of the restaurant industry’s most progressive voices.

Shake Shack, no doubt anticipating the inevitable material rise in the cost of labor, has just opened a unit at Astor Place in Manhattan which has no cashiers. You can’t accuse Shake Shack, no doubt channeling its founder, Danny Meyer, of lagging the crowd in terms of anticipating changes within the hospitality industry. Combined with mobile order and pay, about 10 POS “kiosks” allow customers to place orders as well as pay. Cash is not accepted.We took a twenty five second video at 1:00pm today (link below), the third day of operations, panning the store interior. On the viewer’s right is the array of ordering stations. SHAK management is not naive about the need to explain the new system and provide customers as much “training” as necessary, so several employees are circulating among the customers, helping where necessary (including myself). I found the system fairly easy to navigate, and used the chip on my card to pay. The customer then moves to the center of the store, and waits in front of the pass through section where names are called out. Mobile orders presumably are handled over the same counter. There is a drink and condiment station, left of center, where customers can set themselves up as they wait for their orders. There is a modest amount of seating as the camera pans to the left, indicating that the Company feels that most orders will be taken off premises. I will briefly discuss my reaction after you have viewed the video below:

To See the video and read the rest of the article click here http://www.liptonfinancialservices.com/2017/10/shake-shock-shak-video-3rd-day-new-location-kiosk-order-pay-no-cashiers/

Find Out if Franchising is Suitable for your Business

Franchise Your Business: www.franchisegrowthsolutions.com


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A business ‘partnership’ in which one party permits the other ‘partners’ to replicate a proven business system, operating under a common brand, in return for initial and on-going fees. It allows a third party to legally copy your business in exchange for an upfront payment and on-going management services fees.

Is Franchising suitable for your Business
By Daniel Kidd

A business ‘partnership’ in which one party permits the other ‘partners’ to replicate a proven business system, operating under a common brand, in return for initial and on-going fees.

It allows a third party to legally copy your business in exchange for an upfront payment and on-going management services fees.

To franchise a business you need the following factors

• Sufficient development capital to establish a franchise system
• High enough margins to share
• Existing business network or ‘pilots’
• Easily transferable knowledge
• Identifiable brand or trademark
• Expansion requires investment into property, equipment and staff

The Benefits

• Franchise fees will generate a stream of capital income and ongoing revenue
• A loss of profit margin will be offset by much larger overall revenues
• Motivated franchisees ‘running their own businesses’ will generate higher per unit income than employees

What can be franchised?

• Very diverse range of businesses
• Proven business systems capable of replication
• Profitable businesses financially viable for both parties and financially secure
• Steady or growing demand for your products or services
• Simple business formats that are easy to learn
• Identifiable brands and trademarks with your own distinctive image or concept

Undertake a SWOT Analysis of your brand

Trading History

• How long have you been in business?
• What is proven?

Profit Margins

• Are these above average industry benchmark?
• Is there enough margin for two?

Market

• How big is your market?
• How volatile is your market?
• Does it have mass appeal?

Products

• Is there consumer acceptance of your product?
• Is your product or service easy to sell and deliver?
• Quality record?

Brand

• Is your Intellectual Property protected?
• Is there a unique and distinguishable marketing approach?
• What is your reputation in the market place

Business Management

• Do you have the management skills and capacity to create a new culture?
• Is your business professional and well presented?
• Is your management financially skilled?
• Do you have well documented processes and systems in use?
• How is Information Technology used in your business?
• What is your attitude to risk?
• Is there a commitment to research and development?

Franchise Opportunity

• Do you have sufficient access to development capital to fund growth?
• Are there similar franchises already on the market?
• Will the franchisee be able to control their costs?
• What will be the minimum term?

Reasons for failure

• Growing too fast too soon
• Franchising for the wrong reasons
• Lack of planning
• Selecting the wrong franchisees
• Lack of infrastructure and support
• Failure to take proper advice

Review your SWOT

Do you have the key criteria you need to franchise

• Developed systems of operation and staffing
• Defined image and clear market position
• Proven and successful business model
• Sustainable market and source of ongoing clients
• Easily duplicated management systems
• Profitability for both parties
• Mutual respect and support – partnership
• Will your operating experience and culture allow you to develop a franchise operation?
• Are your products or services suitable for franchising?
• Is your Brand sufficiently well developed and strong enough to deliver a worthwhile advantage to a franchisee?
• Is your financial position strong enough to support a franchise network?
• Is your business system provenFind Article, robust and capable of being learned by a franchisee?
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ABOUT THE AUTHOR

Daniel Kidd writes about a range for business and franchising topics. For more information please visit Coach Franchise.

Source: Free Articles from ArticlesFactory.com
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End of Article

Franchise Your Business: www.franchisegrowthsolutions.com

The Government says every worker must do this, as a result YOU MAKE MONEY!

JOIN US FOR INFORMATION ON THIS EXCITING BRAND. CREATE THE LIFESTYLE YOU’VE ALWAYS WANTED…

Jersey City, Tuesday October 10th. This event is FREE but Seating is Limited.

Register here: https://lostaxes.ticketleap.com/jersey-city/

Become part of the nation’s First Latino Franchise of Tax Centers in America

Are you ready to have a business of your own? A business that is part of an industry that is GROWING and EXPANDING year after year? Do you want to be part of a business that is virtually recession proof? Well, tax preparation is that business, and Los Taxes is a premier player within that business!
Los Taxes can offer you the following opportunity for Success:

* Servicing the fastest growing population base in the country…the Latino population
* An established and recognized brand in the industry
* Utilize state-of-the-art tax preparation software to service your clients
* Ongoing technical support
* Receive up-to-date advancements, modifications and compliance guidelines
* A experienced team of professionals to assist you in reaching your business goals

Join the Los Taxes Franchise

What Financials Should Go in a Franchise Disclosure Document?

If you are a new franchise company, it may be wise to refrain from including financial performance information in your FDD. Some companies choose to include their corporate performance information, but there is a danger that this information could be misleading to a franchise prospect.

What Financials Should Go in a Franchise Disclosure Document?
By Harold Kestenbaum

If you’re still wondering, “What is a franchise disclosure document?” — buckle up. This legal document, delineates nearly every aspect of your franchise organization and its operation. Not only will you have to file the FDD as part of your franchise legal documents with various states, potential franchisees will review it before signing on with your plan.

Though you have a thousand little details to finalize before getting your FDD drawn up, you’re faced with one significant decision — whether to include company financial performance information. It’s something of a sticky situation, as there are problems both with divulging too much and not revealing anything at all.

The FDD must follow a prescribed format, which includes several “Items” that must contain specific information. In the Franchise Disclosure Document Item 19, companies have the option to disclose their corporate or franchisees’ financial performance from the previous year. There are many expectations as to how this information will be presented, based on law and industry standards.

Figures should be presented as average or median values, to show a range of outcomes.
It’s safer to include the average income of all franchises, not just the top performers, which you cannot do.
If averages include only top performers, this must be plainly delineated.
Performance data must be clearly labeled as reflecting gross profit or net profit.
If both corporate and franchise data must be included, they must be listed separately and cannot be averaged together.
The Item 19 must include a date range.
Some company executives wonder about the benefits and drawbacks of offering prospects financial performance information. After all, these individuals haven’t even signed on yet for a franchise. However, including financial performance information can move the dial on a franchise sale.

Here are three considerations when deciding whether and how to include financial performance information.

Include information that offers accurate context

If you are a new franchise company, it may be wise to refrain from including financial performance information in your FDD. Some companies choose to include their corporate performance information, but there is a danger that this information could be misleading to a franchise prospect. Corporate locations can perform much differently than franchise locations, especially in a new franchise system. However, if the corporate earnings are particularly impressive and you feel they present a good marker for potential franchisees, go ahead and include them.

Understand it and be ready to defend it

Financial performance information sometimes is extensive, while other times it is fairly condensed. Some companies include year-over-year earnings, while others opt to present the information on a quarterly basis. Perhaps the numbers are averages or medians. Do they include top performers or all performers? You must include both. You must decide the best way to present the data. It’s also critical to understand your charts, tables and numbers, and how to answer questions and defend your calculations. Having an Item 19 you can’t explain to a prospect could be worse than not having any Item 19 at all.

Item 19s can help your prospect get funded

Since the recent economic recession, many more FDD’s include financial performance information. As lenders have grown more restrictive, there is a greater onus on franchisee hopefuls to prove up the potential of their proposal. Loan officers look to the FDD to support the risk of lending to the franchisee prospect.

Additionally, lenders and prospects alike have become more sophisticated regarding the franchise industry, and the marketplace has more competition than ever. For these reasons, franchise companies are under more pressure than ever to prove that their offering provides a worthwhile return on investment.

If you need help in understanding, “What is a franchise?” or in crafting a Franchise Disclosure Document, call my office at (516) 745-0099. I can help your company craft its franchise legal documents and offer advice about Franchise Disclosure Document Item 19 development. Or, send us a message for a FREE consultation!
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If you own a successful business and you’re interested in franchising it, contact us [email protected]

Franchising continues to grow and Millennial founded brands are a driving force.

There is no doubt in my mind that the “Franchise Prototype Model” has revolutionized the way people take a small local business and turn it into a regional or national brand.”

Franchising continues to grow and Millennial founded brands are a driving force.

As Millennial Entrepreneurs are coming into their own with new brands that are emerging and growing, the idea of Franchising as a tool for rapid growth has become a prime focus. Understanding the need for Brand Identity and Social Acceptance perhaps better than any generation before it, the Millennials and GenX’rs are turning to franchising as the key method to expand beyond their immediate territories.

Gary Occhiogrosso, Managing Partner of FranGrow, (a franchise development and sales firm www.frangrow.com ), put it this way “as popular as the internet has become, you can’t physically experience your favorite restaurant or have your hair cut, or do a spin class or take care of aging parents “on the internet” or using an “app”. “There is a “real world” element that provides great opportunities for franchising both product and service based businesses.” “In the first six months of 2017 we’ve been approached by double the number companies looking to franchise their business or help them expand compared to the same time last year.”

FRANCHISING GROWS IN TOTAL

Robert Cresanti – President & CEO of the International Franchise Association (IFA) reported “We are forecasting that for the sixth consecutive year, franchise businesses will grow at rates that exceed the economy-wide growth of industries where franchises are concentrated, Franchise businesses are showing tremendous capability to provide new jobs for working families and new businesses for first-time business owners across all sectors in local communities, despite the fact that franchisees are facing many new regulatory threats at all levels of government.”

TOP CATEGORY IN FRANCHISING

According to Entrepreneur’s Franchise 500, the top growth sector both domestically and internationally is Quick Service Restaurants. As this stat relates to Millennials, they are particularly fond of the build your own concepts that feature fresh, made to order items, using sustainable ingredients and “built” to the customer’s specifications. Occhiogrosso who also teaches restaurant concept development and entrepreneurship at NYU says that his students aim their creativity on either launching or purchasing a quick casual brand that focus on the quality and social responsibility of the concept. He went on to say, “regarding founders and entrepreneurs that engage us to expand their brand, the franchise model is the primary form of expansion. Our client list has grown to the point whereby we’ve had to go to a waiting list. There is no doubt in my mind that the “Franchise Prototype Model” has revolutionized the way people take a small local business and turn it into a regional or national brand.”

For follow up information please contact [email protected]