Franchise Update 08/10/09

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Uploaded by on Aug 10, 2009

http://franchisedirect.com

This week we have news on the IFAs prediction for the first drop in franchise sales in the last 20 years. That said, its not a bad news for the franchise industry, as two groups- minorities and veterans have been enjoying success of late.

Franchising has thrived during past recessions and its hoped that the government will take action to ease credit market to capital flowing back to prospective franchisees.

Picking up on the mantra of change that swept Barack Obama into the White House last November, Maria D'Ambrosio, senior director of inclusion and diversity for Choice Hotels International has emphasized the importance of minority franchise ownership.

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