Check out the highlighted resources below designed to address questions, highlight opportunities, and equip you with the knowledge and connections necessary to embark on your franchise journey with confidence.
International Franchise Association
The International Franchise Association (IFA) serves as a global advocate for franchising, providing resources, networking opportunities, and education to both franchisors and franchisees. For franchise opportunity seekers, the IFA offers valuable insights into industry trends, best practices, and access to a network of established franchisors, aiding in informed decision-making and fostering growth within the franchise community.
Franchise Consumer Buying Guide
The Federal Trade Commission, the nation’s consumer protection agency, has prepared this Guide to help you decide if a franchise is right for you. It suggests ways to shop for a franchise opportunity and highlights key questions you need to ask before you invest. The Guide also explains how to use the disclosure document that franchisors must give you — under the FTC’s Franchise Rule — so you can investigate and evaluate a franchise opportunity.
Franchise Ascension Initiative
The Franchise Ascension Initiative (FAI) is a 6-month accelerator program aimed at preparing qualified individuals from underrepresented groups and economically disadvantaged communities with the education, mentorship, resources, and support to successfully launch a career in franchise ownership.
The Value of Franchising Report
Franchising is an established business expansion strategy to help companies grow. Through a legal agreement, the franchisee sells a product or service using the brand name or operating system (or both) of the franchisor, typically in return for a lump sum payment and annual royalty fee. Most people immediately associate franchising with fast food restaurants. Interestingly, however, quick service restaurants are just a fraction of the entire sector, making up only a fourth of all franchised establishments, less than half of the workers, and just over a third of the economic output.
In commissioning this study, the International Franchise Association asked Oxford Economics to examine the value of the franchising model along a range of dimensions.
