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Franchise Fees and Marketing
Franchise Fees and Marketing - Trends
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As this year starts to wind down, small business owners and executives are working on their sales goals and projections for next year. In my industry, franchising, executives are undoubtedly looking at how the credit crunch will affect their new franchise sales. The unemployment picture is not exactly a masterpiece here in the U.S. There’s even talk of layoffs on the State government level next year as local tax revenues continue to decrease. Payroll tax collections are the lowest since 1963, according to the Nelson A. Rockefeller Institute of Government . Interest in small business ownership increases during recessions, ...
The real estate industry has staged a degree of a recovery during 2009 – ending the calendar year transacting just on $29 billion worth of sales from 69,629 property sales. This was up 25% in value from the 2008, but is still down 23% from the 2007 year when 92,101 properties were sold with a total transaction value of $37.87 billion. The chart below ably demonstrates the rise and fall of transaction values over the past two decades with the red line representing the 12 month moving average volume of sales and the blue line indicating the total value of those transactions. From this ... Read More
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