TL;DR
Franchise leaders ranked franchisee profitability and labor concerns as their greatest challenges for 2023 at the Franchise Leadership & Development Conference. Approximately 50 CEO Summit attendees responded to the survey.
At this fall’s Franchise Leadership & Development Conference in Atlanta, we surveyed approximately 50 CEO Summit attendees, asking them: “As a franchise CEO, president, and/or founder, please select your Top 2 Greatest Challenges.” Franchisee profitability led the responses, followed closely by two employment related concerns: location labor and corporate talent. We’ve included all the responses, assigning a value of “2” for their top choice and “1” for their second choice.
Here’s what’s keeping franchise leaders up at night.
In this story
This story was originally published by Eddy Goldberg in Franchising.com on December 1, 2022. Burnaze summarizes and links to the original reporting.
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