International Franchise Association, IFA is one of the world’s largest membership organization for franchisors, franchisees and franchise suppliers. In this article we bring you some of the highlights from IFA’s Economic Outlook Report, which was recently published. Moreover, this report holds special significance as it points out the challenges during the peak of the pandemic period. In addition, it also lays out a promising future for the industry as a whole in its economic forecast for the next year.
Robert Cresanti, IFA president and CEO said, “This report highlights franchising’s tremendous potential to lead our country’s economic recovery”. Further, he added, “Through quick adaptability, scalable technology, and a focus on in-demand products and services, the franchise sector has shown its resilience time and again. In conjunction with smart policies out of Washington, franchises can help Americans get back to work.”
Source: Global Franchising Magazine
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