TL;DR
Several franchise brands reported strong growth and expansion in 2017, including Capriotti's, Freddy's, and Tropical Smoothie Cafe. 2017 was a good year for franchising with favorable legislation and continued growth of both established and emerging brands.
The good news: 2017 was a good year for franchising, with favorable legislation, continued growth of both established and emerging brands, and a slew of consolidation -- not only at the franchisee level, but also for franchisors as franchise holding companies continued to increase the number of brands in their stable. The bad news: It's getting harder to keep up with all the good news! That's a nice problem to have -- and why we provide our "Good News!"
monthly roundup of selected news items on unit growth, investment and financial developments, international expansion news, refranchising, and milestones attained by franchisors large, medium, and emerging. Here's your chance to follow the leaders, every third Tuesday of the month. So if you're not doing it already, send us your good news here.
In this story
This story was originally published by Eddy Goldberg in Franchising.com on January 14, 2018. Burnaze summarizes and links to the original reporting.
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