Top .1% Franchise Consultant; Inc 5000 Founder; Best-Selling Author of 'Non-Food Franchising’; Forbes contributor on Franchising
In a year-over-year analysis, interest in franchises shifted to the south and east according to new data from Franchise Insights. By comparing quarterly shares by state for the first quarter of 2023 to the first quarter of 2024, there was a continuation of the shift in the mix of where aspiring franchisees were expecting to locate franchises – from north to south, and west to east. In the color-scaled map above, highest increases in state share in that period are shown in green, and decreasing share shown scaled to red. ranging in values from under two percent in either direction (2% loss from Florida to .6% growth in Mississippi). To receive a free copy of our book, ‘Non-Food Franchising’, visit the FBC website! Also, check out our new YouTube channel: ‘Non-Food Franchises with Jon Ostenson! https://lnkd.in/g2KrHJfP #Franchising #Startups #BusinessOwnership #Entrepreneurship #InternationalFranchiseAssociation #AngelInvestors #Investments #Entrepreneur #RealEstate International Franchise Association International Franchise Professionals Group - IFPG Franchise FastLane REP'M Group Rhino7 Franchise Sales and Development HorsePower Brands FranDevCo BiggerPockets EOFire My First Million The White Coat Investor Forbes Entrepreneur Media EO Atlanta
Thx for sharing this !
Excellent! Very useful and helpful piece of info.
This data will go a very long way. You already are at an advantage by knowing this.
This is really interesting information. Thank you for sharing.
Thank you for sharing this, Jon. Very valuable information you got here.
Fascinating! Who would have thought that interest in franchising varies between regions?
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2wIt's always beneficial when you have everything well planned and scouted.