Originally posted by Mike Sheehan on Blue Mau Mau
The credit crisis that began in 2007 is driving many of the developing trends in the franchise industry. Franchisors are refranchising, providing financial incentives and funding support to franchisees and pivoting toward multi-unit franchisees, all at least partly in response to credit access issues.
Franchisor Funding Support & Franchisee Incentives
With the franchise lending still facing challenges as recently underscored by a 2 percent year-over-year drop in the IFA/BoeFly Franchise Lending Index, many franchisors are beginning to take steps to provide or guarantee funding for prospective and existing franchisees.