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Despite Record Inflation, Initial Franchise Fees Are Holding Steady

Franchise Insights

In 2021, just under 25% of franchises did increase fees, in contrast with the 75.7% Increases in 2021 ranged from under 5% to over 20% in the most recent survey. Over 8% actually reduced initial franchise fees in 2021. This makes sense given that most franchise returns come from ongoing royalty fees over time.

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Driven Entrepreneurs Combine Talents To Bring Floor Coverings International to the Panhandle

Franchise Journal

The 39-year-old Phillips had worked in operations management for the last 15 years and previously led a company and team that managed a commercial real estate portfolio, a role that he loved. Phillips and Daniel met in 2021 through common real estate interests when both were considering service-based franchise opportunities.

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Top Property Management Franchises to Consider

VettedBiz

Property management refers to the operation, control, and oversight of real estate properties on behalf of owners. Iron Valley Real Estate Total U.S. Locations: 27 Net Unit Growth (3 years): 21 Initial Investment: $51K-$413K Royalty Fees: 4% Casago was established in 2020 and started franchising 1 year later in 2021.

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Critter Control: Over 30 Years of Success

Franchise Journal

In 2020, 2021 and 2022, Critter Control was ranked in Entrepreneur Magazine’s Franchise 500® as a Best of the Best Franchise in America. Bundle that with an affordable startup and no real estate requirements, and we’re talking about a great option for franchisees. 98% of Critter Control franchisees said, “Yes.”

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A Navy Veteran and His Business Partner Put Their Respective Talents to Work as Owners of Floor Coverings International of the Panhandle

Franchise Journal

During that time, he and his wife launched two real estate investment companies, one focused on renovating and selling dilapidated homes in Escambia and Santa Rosa counties to address the affordable housing shortage in those areas and the other focused on multi-family real estate.

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13 Interesting Facts About the Franchise Industry in the US

Franchise Fame

Apart from QSRs, there are full-service restaurants, hotels and motels, car dealerships, real estate agents and brokers, beauty salon franchises, snacks and non-alcoholic beverage franchises , petrol stations with convenience stores, electronics stores and fitness centers and gyms. As of 2021, these individuals owned 66,000 franchises.

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Former Realtor is Rookie of the Year in Pillar to Post Home Inspectors® Growing System

Franchise Journal

Home inspections have become a vital part of the real estate sector, providing buyers and sellers with reliable information about the condition of a property. 1 home inspection company in North America in 2021. 1 home inspection company in North America in 2021. I wanted to put my skills to the test,” said Jesse.