Franchise Journal

FEBRUARY 1, 2024

Based on historical patterns and industry insights, I can provide some general trends and potential predictions for the franchise industry in the next five years. Remember that these are speculative and subject to change based on various factors. Here are some potential predictions: Technology Integration: Increased technology adoption in franchise operations, including digital ordering systems, mobile apps, and automated processes to enhance efficiency and customer experience.

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Franchise Insights

JANUARY 31, 2024

By: Michael Alston for Franchise Insights UPDATED February 6, 2024 January 31, 2024 – “Prediction is difficult- particularly when it involves the future,” said Mark Twain – or was it Yogi Berra – or Neils Bohr ? But few things are less certain than the continuation of gravitational trends that we identify below. The only questions are the velocity and acceleration of these trends.

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Franchise Journal

FEBRUARY 1, 2024

Part of the Franchise Myth Buster series by Joe Fox, Senior Franchise Consultant – The Franchise Consulting Company Embarking on the journey of owning a franchise business is an exhilarating prospect, but the path to securing financing can be shrouded in misconceptions. Let's debunk seven common myths surrounding the process of getting financing for a franchise business.

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SBA Loans Franchise Disclosure Document Franchise Financing Franchise Fee 52

Franchise Journal

FEBRUARY 1, 2024

Embarking on the journey of franchise ownership is an exciting venture, filled with the promise of independence and success. However, choosing the right franchise lays the foundation for this entrepreneurial odyssey. In this comprehensive guide, we will navigate through a step-by-step process, offering prospective franchisees a roadmap to selecting a franchise aligned with their aspirations.

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Franchise Journal

FEBRUARY 1, 2024

In the rapidly evolving realm of business, franchise marketing stands at the forefront of innovation and adaptation. As we navigate the complexities of 2024, the strategies employed by franchises are undergoing transformative shifts influenced by technological advancements, dynamic consumer behaviors, and the imperative for inventive approaches. This article delves into the key trends and strategies defining franchise marketing in the current landscape.

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Franchise Journal

FEBRUARY 1, 2024

“Strength lies in differences, not in similarities.” — Stephen R. Covey In the ever-evolving landscape of entrepreneurship, the rise of minority-owned franchises is significantly impacting the business world. Over the past two decades, the increase of minorities in franchising has continued. According to the U.S. Census Bureau, more than 30% of franchises are owned by minorities, while only 18.8% of non-franchised businesses are.

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Franchise Journal

FEBRUARY 1, 2024

Starting a business in a down economy might seem counterintuitive to many. The common belief is that economic downturns are synonymous with instability, increased risks, and limited consumer spending. However, contrary to popular belief, launching a business during a recession or in a sluggish economy can present unique opportunities and advantages for aspiring entrepreneurs.

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Franchise Journal

FEBRUARY 1, 2024

Regan Cochran The DRIPBaR Franchise Owners Elevate Health and Awareness in their Community In the dynamic landscape of franchising, where diversity and entrepreneurship thrive, Katrina James and Darryl Clausell, owners of The DRIPBaR in Crofton, MD, have emerged as successful trailblazers in the vitamin therapy sector. Recognizing the increasing demand for personalized nutrition and wellness, they saw an opportunity to make a meaningful impact on their community.

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Franchise Journal

FEBRUARY 1, 2024

Sophia Sorrells beem Light Sauna & FranDevCo Minority-Owned Businesses in the Franchise World In the dynamic landscape of entrepreneurship, a transformative narrative is emerging—one that celebrates the remarkable success stories of minority-owned businesses in the thriving realm of franchising. As barriers continue to be shattered and inclusivity takes center stage, these entrepreneurs are not only making their mark but redefining the face of business ownership in America.

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Franchise Journal

FEBRUARY 1, 2024

Kelly & Roan Biggs WSI Four years ago, Kelly Biggs, along with her husband Roam embarked on an adventurous journey into the world of entrepreneurship. They decided to franchise with WSI, motivated by a desire for greater control and the chance to build something truly meaningful. Their entry into the business world was both thrilling and challenging, coinciding with the onset of the COVID-19 pandemic.

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Franchise Journal

FEBRUARY 1, 2024

Hola, I'm Leonor Clavijo, and I'm thrilled to share my journey as a consultant dedicated to guiding investors in discovering the perfect franchises in the United States. My mission extends to assisting existing businesses in becoming franchises while strategically targeting the vibrant Latino market. After almost five years of shepherding businesses through the intricacies of starting up in the United States, I decided to venture beyond my comfort zone in 2020 and embrace the entrepreneurial jou

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Franchise Journal

FEBRUARY 1, 2024

Stephen Bland Fibrenew In 2020, Stephen needed a change. After 22 years covering all bases in a retail environment–working his way up through the frontline, human resources, and eventually landing in a management role–the inconsistent hours and lack of control over his future were taking their toll. He figured leaning into a nine-to-five was the best plan, which at first made sense based on Stephen’s extensive corporate experience.

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Franchise Journal

FEBRUARY 1, 2024

One piece of advice I know we can give, to home buyers, sellers, and realtors,” said Ted Xavier and Yvette Lo, the owners of Pillar To Post Home Inspectors serving Centennial, Aurora, and Erie. “Don’t skip your home inspection, no matter what!” As far as choosing home inspection as a new career, these are industry facts: The U.S. building inspector industry, measured by revenue, is estimated to have a market size of $4.9 billion in 2022, according to global research firm IBISWorld.

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Franchise Journal

FEBRUARY 1, 2024

Ashley Allen Pure Barre Ashley Allen is the Owner of two Pure Barre studios: one in New York and one in Connecticut. She began her Pure Barre career in 2010 when she became a PB teacher in Philadelphia while completing her degree in Kinesiology at Temple University and loved the brand so much, she skipped the corporate job after graduating and bought a Pure Barre territory to develop.

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Franchise Journal

FEBRUARY 1, 2024

According to the United States Census Bureau, 21 percent of businesses are owned by minorities. Based on estimates determined by their 2022 Annual Business Survey, that works out to 1.2 million businesses. Of these, over 160,000 are Black of African American-owned. Kevin D. Love II is about to boost that number with his first The Vital Stretch franchise.

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Franchise Journal

FEBRUARY 1, 2024

Joy Davis has a rich and diverse background in the U.S. Military and the healthcare industry, with over thirteen years of experience. She began her journey as a Nurse Assistant and then joined the military as a hospital corpsman and surgical technician. During her military service, she was stationed at Naval Medical Center in San Diego, CA, and obtained invaluable knowledge and experience.

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Franchise Journal

FEBRUARY 1, 2024

James Wigfall, the current owner of Pearce Bespoke Las Vegas, is a multifaceted individual with a rich background spanning academia, military service, corporate leadership at Boeing, and his current role as CEO of Sound Generations. This article explores his remarkable journey, from his academic pursuits at The Citadel to his illustrious career at Boeing and his current endeavors in providing services to older adults.

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Franchise Journal

FEBRUARY 1, 2024

Rudy Bennett Top Rail Fence Rudy Bennett, the owner of Top Rail Fence Wasatch Front, stands as a testament to the transformative power of entrepreneurship and the pursuit of personal fulfillment. Formerly a highly successful sales professional in corporate America, Bennett reached a pivotal moment where he decided to redirect his efforts toward building something of his own.

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Franchise Journal

FEBRUARY 1, 2024

Jibreel Thiaw believes he has a lot to offer as a small-business owner and he can’t wait to get started on his new journey since launching Floor Coverings International of South Dallas recently. Coming from a family of entrepreneurs in Senegal, West Africa, Jibreel said he has always taken ownership in everything he has done, sustained by a strong work ethic passed along his family line.

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Franchise Journal

FEBRUARY 1, 2024

In a move that promises to shake up both the culinary and sports worlds, Mahana Fresh, the fast-casual restaurant dedicated to the idea that a good mood starts with good food, has announced a major franchise expansion deal with NBA champion and entrepreneur Kyle Kuzma. This groundbreaking partnership aims to bring fresh, healthy, and flavorful dining options to fans and food enthusiasts nationwide, starting with flagship locations in Gainesville, VA, and Scottsdale, AZ.

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Franchise Journal

FEBRUARY 1, 2024

Deidra Viney Express Employment Professionals Deidra Viney is an astute professional with over two decades of experience in the staffing industry and is currently an Express Employment Professionals franchise owner with locations in Edison and Jersey City, NJ. Her background in commercial lending unveiled the tenacity and drive needed to become a successful business owner and helped nurture her entrepreneurial spirit.

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Franchise Journal

FEBRUARY 1, 2024

Charletta and Larry Thomas A Place At Home Building a Legacy of Compassion: Charletta and Larry Thomas’ Journey With A Place At Home In the heart of the Acadiana region of Louisiana, you can find Charletta and Larry Thomas, owners of A Place At Home — Lafayette. Showing compassion and helping others drives the husband and wife in their entrepreneurial journey, but taking care of others is nothing new to them.

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Franchise Journal

FEBRUARY 1, 2024

The American Red Cross recognizes Paul Davis Restoration, a nationwide network of nearly 350 franchises, headquartered in Jacksonville, FL, for its pledge of $500,000 to the Annual Disaster Giving Program (ADGP). By making a proactive donation to Red Cross Disaster Relief, Paul Davis Restoration helps ensure the organization is prepared to meet the needs of people affected by disasters big and small across the U.S.

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Franchise Journal

FEBRUARY 1, 2024

Bridgette Knight Options for Senior America When you get consistent 5-star rating from the clients about the home care service they are receiving, you know that you are in good hands. Bridgette Knight, owner-operator for Options for Senior America in Lake County, IN, has demonstrated time and again that the focused attention she gives to her clients, the quick response, reliability, cost-effectiveness, and hands-on approach are a testimony that her service is patient-centered.

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Senior Care 52

Franchise Journal

FEBRUARY 1, 2024

James Wigfall Pearce Bespoke James Wigfall: A Journey from Boeing to Bespoke James Wigfall, the current owner of Pearce Bespoke Las Vegas, is a multifaceted individual with a rich background spanning academia, military service, corporate leadership at Boeing, and his current role as CEO of Sound Generations. This article explores his remarkable journey, from his academic pursuits at The Citadel to his illustrious career at Boeing and his current endeavors in providing services to older adults.

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Franchise Journal

FEBRUARY 1, 2024

As a high school senior on the brink of adulthood, the values and principles that shape our society loom large in my consciousness. One aspect that stands out prominently is the role of businesses in fostering an inclusive environment where opportunities are extended to everyone, regardless of race or ethnicity. In the pursuit of being the best country we can be, it is imperative that we prioritize inclusivity and equality in our business landscape.

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Franchise Journal

FEBRUARY 1, 2024

Leydi Baawine Hawaii Fluid Art For the more than 15 years, I was -- and still am -- an accountant and auditor. When the COVID pandemic prevented me from being able to travel, I started to think about what else I could do with my life. My fiance’ suggested I start my own business. That is how I began my journey with Hawaii Fluid Art. I love their colorful, bright studios with their pink walls.

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Franchise Journal

FEBRUARY 1, 2024

Leonor Clavijo Corporate Cleaning Group As we celebrate Black History Month, it brings immense joy to shine a spotlight on Corporate Cleaning Group—a beacon of excellence that not only defines success in business but also exemplifies the profound impact a company can have on fostering diversity and inclusivity. Corporate Cleaning Group stands as a testament to the belief that diversity isn't just a checkbox; it's a core value that enriches every facet of our organization.

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Franchise Journal

FEBRUARY 1, 2024

In the fast-paced world we live in today, individuals are constantly seeking innovative ways to enhance their overall well-being and boost their energy levels. One groundbreaking solution that has gained immense popularity in recent years is Intravenous (IV) Therapy. This cutting-edge technique, which involves the direct delivery of essential nutrients and fluids into the bloodstream, has transformed the way people approach their health and vitality.

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Franchise Journal

FEBRUARY 1, 2024

Malachi Armstrong RobotLAB I've been in Ministry for over twenty-five years after graduating from Moody Bible Institute(Chicago 2000 BS Theology) and Veritas Theological Seminary ( Masters Theology/ Biblical Studies 2006) Also, twenty years of hotel management experience with brands Hilton, Hyatt, IHG, Marriott, etc. I spend Monday through Friday 6:00 - 8:00am at the Union Gospel Mission (Fort Worth Tx.) preaching and feeding the homeless as the Lead Chaplain.

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Franchise Journal

FEBRUARY 1, 2024

Clay Taylor Window Hero Clay Taylor of Window Hero Boise has over three decades of experience rooted in customer service management. Originally from San Jose, California, Clay's journey has been marked by a commitment to professional excellence and a diverse skill set that has evolved over the years. With a decade-long tenure as a Customer Service Manager for a prominent company, Clay's commitment to ensuring customer satisfaction has been unwavering.

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Franchise Journal

FEBRUARY 1, 2024

Corey D. Dean is a distinguished financial planner and insurance professional, serving as the visionary Founder and President of K.I.K. Advisory Group (KIK). Renowned for expertise in Premium Finance Life Insurance, Corey strategically caters to the high net-worth community, emphasizing wealth protection and meticulous financial planning. Corey's multifaceted career spans business development, financial planning, entrepreneurship, and a notable stint as a sports agent.

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Franchise Journal

FEBRUARY 1, 2024

When it comes to community involvement, Harry and Yana Grammer have been a bellwether within the Los Angeles area for almost 20 years. They now have a new vehicle for change, and as a result, continue to impact others for the greater good as franchise owners within the Paul Davis Restoration network. They fit in beautifully with the company’s description of all its team members.

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