2019: State of Franchising.
It's that time of year again when we bring out the crystal ball and glimpse into the future to see what 2019 holds. The new year offers a chance to examine what we've done right and what we can do better as business owners, managers and employees.
This edition of the magazine features our annual Board Perspectives: Outlook for Franchising on page 16, which provides direct input from some of the franchising community's front-line leaders who follow the pulse of franchise business trends every day. Many of the IFA Board Directors pointed to tax cuts and reduced government regulations achieved over the past year as catalysts to drive franchising forward during the next 12 months.
As far as challenges, the recruitment and retention of quality labor continues to stay near the top of the list. Board members pointed out that the strong economy and low unemployment have led some quality franchise candidates to seek salaried positions instead of opening their own business, and this trend could continue into 2019.
Despite these concerns and the uncertainty caused by joint employer regulations and international tariffs, overall, the state of franchising is stronger and poised to continue building momentum in 2019.
IFA 2019: Bringing Franchising Together
One way to help advance your franchise business in 2019 happens next month. The IFA 2019 Annual Convention takes place from Feb. 24-27 in Las Vegas. This is the best chance of the year to network with others in the franchising community and learn operational tips to apply to your brand. I hope to see you there!
Robert Cresanti, CFE
President and CEO
International Franchise Association
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|Title Annotation:||FROM THE CEO'S DESK|
|Comment:||2019: State of Franchising.(FROM THE CEO'S DESK)|
|Date:||Jan 1, 2019|
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