FranNet Enters Q3 of 2022 With Massive Uptick in Client Interest

With 75 consultants throughout the U.S. and Canada, FranNet franchise consultants have helped thousands of entrepreneurs across North America start their own businesses through franchise ownership. Despite a turbulent economy, the company is matching countless entrepreneurs with the businesses of their dreams — and that interest is only rising in the second half of 2022.

“As recently as July into August, we’ve seen a massive uptick of people interested in franchise ownership,” said Jania Bailey, FranNet CEO. “We’ve got a recruiting campaign to add new FranNet associates, and we’re seeing a huge increase in those inquiries as well. Everything bodes well for the rest of the year.”

The company’s website traffic is up 45% compared to the first quarter, and leads have increased 30–35% compared to the first half of the year. This swell in demand suggests that prospective franchisees aren’t swayed by economic uncertainty. They understand that operating within a robust franchise framework can be a safe way to start a business regardless of the state of the economy.

This year, the company also plans to add FranNet franchisees to its network, expanding its valuable consulting services nationwide.

“We intend to add several new franchisees and associates to our network between now and the end of the year,” said Bailey. “But rather than opening the floodgates, we aim to grow methodically and carefully evaluate individuals to ensure they fit our culture.”

In addition to internal growth, numerous franchisors are signing on to join FranNet’s catalog and connect with talented, pre-screened franchisees. By expanding its brand directory, FranNet can better match savvy business owners with successful franchise businesses that match their skills and interests.

“As of June 30, we had met our 12-month KPI regarding adding new franchisors to our roster,” said Bailey. “We’re tracking well ahead. After 35 years in business, we’re still going strong and are excited for what is to come.”