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Thursday, Nov 21, 2024

Growing Pains

Franchising is attractive to many entrepreneurs. And for good reason. In exhange for a capital investment, a franchisee gets a proven product or service, usually an exclusive territory and perhaps some marketing and advertising support. Those who work hard and smart often grow their little enterprise into a big chain. But not all is bright in the world of franchising: Wage hikes and labor shortages are giving some players second thoughts about its future. This special report looks at some of the sector’s pressing issues.

Whither Franchising?
“Franchising is Hands-On”

James Brock
James Brock
James Brock has worked in newsrooms around the world, including in New York, Paris, Abu Dhabi, Dubai, Houston, and Los Angeles. He began his career with a Newhouse News daily, where he served on the news desk and the editorial page. He was the copy chief for The New York Sun, and founded and edited the personal finance section for Abu Dhabi-based The National, among other positions. He has interviewed Anthony Bourdain, Tom Ford, Mark Cuban, and many other individuals, and has written and edited thousands of stories and articles.

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