Sport Clips has a long history of supporting veterans. In the early days of the salon’s history, Founder and CEO Gordon Logan established the importance of supporting veterans and made it a part of his business’s mission. As a veteran himself, Logan has demonstrated a commitment to helping veterans and has encouraged their matriculation from military service to franchising as a premier way of transferring rigorous leadership training and process management into concrete entrepreneurship. In fact, many Sport Clips franchise owners are former military. When asked why veterans make such great franchisees, Logan explained, “Veterans have leadership skills, understand team building and working within a system, and executing systems. The dedication, perseverance, and commitment they have is something that every entrepreneur really needs.”

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Shana Krisan, Chief Marketing Officer, Goldfish Swim School

Franchises are struggling as the U.S. economy plummets more and more what seems like every day.





Inflation is hitting consumers’ bank accounts hard and slowing spending. And if that’s not enough, Bloomberg Economics and many other experts are predicting there’s at least a 75% probability of a recession that might prove to be an even longer haul than anyone is anticipating.

New opportunities are like buses; you wait ages for one, then three come along at once. But what does that mean for your franchise business?

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This September, The Federal Reserve announced they’d attempt to tame the highest inflation we’ve seen in 40 years by raising interest rates three-quarters of a percentage point. This can lead to higher prices, wage hikes, and lost jobs. 



Franchise professionals have already been feeling the effects of inflation. A recent IFA/Frandata inflation study found rising prices have had moderate to significant impacts on 90% of franchise businesses surveyed.



Additionally, California’s FAST Act is a concern. The Fast Food and Accountability and Standards Recovery Act was signed into California state law on September 5, with a planned 2024 implementation. This legislation could dramatically increase operating costs and force consumer price hikes.