Media Center

Media Center

2023 Economic Outlook Shows Franchise Job and Unit Growth Trends Ahead of Pre-Pandemic Levels

The International Franchise Association (IFA) today released its 2023 Franchising Economic Outlook report, showing that franchise unit and job growth continues to outpace pre-pandemic levels, delivering jobs and business ownership opportunities across the United States, despite economic uncertainty across all industries and in daily life. The report highlights the impacts of today’s unique economic challenges, which have affected system growth and led to an increase in wages, among other factors.

IFA Urges No Vote on New Jersey Anti-Hospitality Bill

The International Franchise Association (IFA) today urged a “no” vote on New Jersey bill A-1958, which the organization warns would undermine the franchise business model in the state. The legislation would insert the state government into private franchise contracts, promote litigation, and diminish brand standards – the foundation of the franchise model. The bill is being considered today by the New Jersey Assembly Commerce and Economic Development Committee.

International Franchise Association Airs Pro-Franchising Oscars Ad

The International Franchise Association (IFA) ran a 30-second broadcast television ad during the 95th Academy Awards on Sunday, March 12, highlighting the value and opportunities created by the franchise business model. The ad seeks to raise awareness of the depth and diversity of entrepreneurial opportunities in franchising, as well as educate legislators and regulators that franchising is central to every community, everywhere.