While COVID brought many industries to a standstill, it is clear that those in the hospitality industry were dramatically impacted. However, franchise restaurants fared significantly better than independent operators. In the aftermath of the immediate crisis, let’s look at the wins for the franchise community that prove just how well the franchise restaurant model works when the industry is turned upside down by a pandemic.
As Congress continues to mold and decide on a reconciliation bill Republican Leader Kevin McCarthy held a roundtable discussion on Tuesday afternoon. IFA member Andy Ray with BrightStar Care from Gilbert/Mesa AZ area was present to represent and explain the negative impacts the bill would have on the franchise business model.
IFA’s 2021 Economic Outlook Webinars Starting March 18, franchise professionals can dig deep into the data with IFA’s new 2021 Economic Outlook Webinar Series, with stories and advice from people in many different sectors.
Small Business Jobs Index Increases Slightly Driven by Gains in the Northeast and the Construction Industry
This is a study of the economic activity generated by and because of franchisors and franchisees who are engaged in business format franchising and product distribution franchising.
Full list of archived IFA research reports.
With research conducted by PwC, and polling data powered by Morning Consult, IFA launched Franchise Economy to educate policymakers and the public on the economic benefits of franchising across America. From national-level data to the smallest Congressional districts on the map, you can view the economics of franchising, including the number of establishments, jobs supported, payroll, output, and GDP in your own community.
Franchised Business Ownership by Minority and Gender Groups