Printer Friendly

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

COPYRIGHT 2019 International Franchise Association
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2019 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:FROM THE CEO'S DESK
Comment:2019: State of Franchising.(FROM THE CEO'S DESK)
Author:Cresanti, Robert
Publication:Franchising World
Date:Jan 1, 2019
Words:269
Previous Article:OUR DESTINATION AND HOST HOTELS.
Next Article:Top 5PEOPLE ON THE MOVE.
Topics:

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters