Franchise Industry News

Experienced Executives Turning to Franchise Opportunities

Experienced executives are turning to franchise opportunities like TAB for various reasons, including lifestyle change, career diversity and additional income. Executives Utilizing Knowledge and Experience More and more corporate executives are turning to the franchise business model for many reasons, most commonly for reasons relating to lifestyle. As a franchisee, one can have more control over his or her work hours and whether they work from home or the office, allowing more flexibility and family or recreation time. Moving from a corporate management role to becoming a private business owner also offers career diversity. Lack of growth or further opportunity is one of the common reasons for corporate burnout. As a private business owner, career growth is virtually uncapped, offering greater career diversity and the ability to set larger, more interesting goals. Many franchise business models are designed to allow the business owner the freedom to work as an owner/operator...

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Cruise Ship Industry Shows Strong Growth for Franchisees

Cruise vacations are one of the fastest-growing markets within the leisure industry. Franchise travel centres are experiencing huge growth. Considering the international cruise industry generates around $40 billion each year and has an average annual growth rate of over seven percent, it’s easy to see why this sector of the leisure industry is one of the fastest-growing and most exciting markets to invest in. Cruise Ship Industry in North America North America is one of the most popular destinations for cruise vacations, with an annual revenue of almost $20 billion, roughly half of the global industry revenue. The roughly 15 million cruise ship passengers each year are serviced by 185 cruise ships of varying sizes. According to Cruise Lines International Association, passenger demand has increased 68 percent in the last decade. In the United States, the popularity of cruise travel has outperformed general leisure travel by 22 percent over the...

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Kickboxing Franchise Outperforming the Competition

Kickboxing franchise 9round is leading the way in the fitness franchise world, drawing thousands of customers to their fast, fun and effective fitness concept. According to statistics from the Center for Disease Control and Prevention (CDC), more than 70 percent of American adults 20 years of age and over are either overweight or obese, and over 20 percent of adolescents aged between 12 and 19 years of age are obese. Overweight is a major health concern right across the country, and it is something the Government and health care organizations are tackling head-on, encouraging children and adults alike to get active and healthy on the inside and out. And kickboxing is one of the best ways to achieve a healthy body on the inside and a healthy body on the outside. Kickboxing and its Advantages Kickboxing is becoming an increasingly popular fitness regimen because it offers a fun and very...

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Baby Boomers Driving Demand for In-Home Care

With over 46 million seniors in the U.S. fuelling the in-home care industry, demand for these services are on the increase. And businesses like Acti-Kare are leading the way. Baby Boom Statistics America’s older population, aged 65 years and above, currently make up approximately 15 percent of the total population, a little over 46 million people. Baby Boomers, those who are currently aged between 52 and 70 years of age, are significantly reshaping this demographic. According to the Administration on Ageing, this demographic is expected to more than double in size to 98 million people, around 25 percent of the population, by 2060. The average life expectancy has increased from age 68 in 1950 to 79 in 2013, according to the Population Reference Bureau. While this is a positive statistic, there are a number of health issues that are also on the increase, meaning this increasing population group will require...

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Home Security Franchises on the Rise

With over 2.5 million burglaries reported in the U.S. each year, it’s easy to see why home security franchises, like Shield, are becoming increasingly popular. Protecting your home, family and personal possessions is becoming more and more of an issue for many Americans. When, traditionally, home security used to be a luxury considered by the wealthy, security alarms and monitoring is increasingly becoming the norm for many home owners. Alarming Home Security Statistics Looking at statistics in relation to burglary across the country, one home is burglarized every 13 seconds. That’s more than 2.5 million burglaries reported each year. According to the Federal Bureau of Investigation (FBI), more than 60 percent of these involve forcible entry. The highest percentage of these burglaries occur during the summer months and about 65 percent happen during the day, when household members are likely to be at work or home alone. Derek Cafferata, CEO...

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Franchising in S.E. Asia Set to Boom Says Allstateff.com

Changing cultural, economic and governmental circumstances mean franchising is big business in S.E. Asia. And it’s not just global corporations getting on board. While franchising has been a popular business concept, and a vital part of the economy, across the U.S. and in many other Western nations, South East Asia is beginning to open up to the idea of franchising. Not only are the large global corporates like McDonalds succeeding, but smaller franchises are finding great success within this emerging region. “Countries like Vietnam, Indonesia and Myanmar, which have historically maintained very closed economies, are opening up to the idea of franchising on a large scale,” said Derek Cafferata, CEO of All State Franchise Finders. “This comes as their governments look to develop and meet the demands of their huge populations that desire to have access to the sorts of franchised products and services we simply take for granted.” And...

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Franchising in China is Meeting Consumer Demand

A booming economy combined with positive changes in the Chinese consumer market mean exciting times for U.S. businesses looking to expand into China. China’s Booming Economy China’s booming economy, something that has seen staggering growth over the past 30 years, has led to some of the most profitable business opportunities ever experienced. While some may raise concerns about China’s economy experiencing some slow-down, the rate at which it continues to grow is staggering, especially when compared to the rest of the world’s economies. China’s GDP is currently at 6.9 percent and, while the Chinese Government recently amended its annual GDP target to 6.5 percent, this revised figure sits comfortably above every other major country throughout the United Kingdom, Europe, Asia, Australasia or the U.S. Despite what we might consider a slowing of the phenomenal growth of China’s, still booming by world standards, economy, the Chinese consumer market is definitely on...

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Military Veterans Finding Success in Franchising

The struggle military veterans face integrating into life and career after service is widely publicized. Now, many are turning to franchise business opportunities. Military veterans can find it difficult integrating back into life and a career outside of military service. However, with various grants and incentives, along with some companies specifically tailoring their franchise opportunities to veterans, many are turning to franchising to get back into the workforce. Civilian Employment for Military Veterans According to the U.S. Department of Labor, unemployment rates among veterans is on the decrease. The last two years have seen figures slightly drop, and they currently stand at 4.5 percent, a figure that is below the national unemployment average. One third of the approximately 22 million veterans in the U.S. served in the Gulf War era I (1990 to 2001) or the Gulf War era II (2001 and onwards). Of the 3.2 million Gulf War era...

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Substance Abuse in the Workplace and how to Control It

Substance abuse plays a significant role in workplace accidents & injuries, absenteeism, loss of productivity & low employee morale, leaving business owners wondering what they can do. Prevalence of Substance Abuse in the Workplace It is estimated that almost 24 million Americans are addicted to drugs or alcohol, that is approximately 1 in 10 people over the age of 12. And according to the Government initiative, Closing the Addiction Treatment Gap (CATG), only about 11 percent of these people actually receive treatment for their addiction. While cocaine use is on the slow decline, marijuana and methamphetamine use is on the steady increase, and alcohol binge drinking is also on the increase. Impact of Substance Abuse in the Workplace So, how do these statistics affect the workplace? Health organizations and Government groups have carried out extensive research on the effect that substance abuse has on the workplace. For big and small...

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Green Card Access through Franchising Opportunities

Franchising is a popular ways foreign investors are gaining access to the coveted Green Card. And franchising experts All State Franchise Finders can help. What is an EB-5 Visa? An EB-5 Visa is one of the few ways a foreign investor can gain legal permanent residency into the United States, gaining themselves the popular and coveted Green Card. The EB-5 Immigrant Investor Visa Program was first introduced back in 1990 and has recently been extended under the new Trump Administration. The aim of the EB-5 Visa program is to encourage foreign investment and economic growth in the U.S. An employment based (EB) program, the EB-5 Visa requires the foreign investor to invest in a business that does, or will, employ at least 10 American employees. While the investment requirement is a minimum of $1 million, if an investor chooses a more rural area to invest in, with a higher unemployment...

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