Finance & M&A — page 145

Franchisors can capitalize on the increased demand for franchise opportunities by targeting individuals who have been laid off, providing a pathway to business ownership.

Potbelly Corporation reported strong results for the third fiscal quarter of 2022, driven by the continued success of its Five-Pillar Strategy and strategic initiatives.

Numerator tracks consumer sentiment, with financial concern rising again in October and consumers worried about the economy and recession.

Franchisors are struggling to open many of the units they sold after the pandemic, with sales numbers for many enterprises and emerging franchisors experiencing a slowdown in 2022.

Franchisors face a backlog of new owners, with many units sold but not yet opened, as franchise development struggles to keep pace with demand.

Mainland CEO Nick Powills and franchise lawyer Charles N. Internicola discuss critical decisions during economic downturns and the consequences of those decisions on franchise brands.

GNC has promoted Rachel Jones to Senior Vice President, Chief Product Innovation and Science Officer.

The Joint Corp. reports its third quarter 2022 financial results, including revenue growth and system-wide sales increases.

Private Equity Investors Fuel Lightbridge Academy's Franchise Growth, expanding the brand into new markets and providing entrepreneurs with opportunities to introduce essential services to their local communities.

The Small Business Administration (SBA) sponsors National Veterans Small Business Week, celebrating veteran entrepreneurship and promoting franchising opportunities for military members.

Neighborly acquires Junk King, expanding into a new service vertical and reinforcing its position as the Hub for Home Services, providing a range of home services to homeowners.

“I continue to be deeply inspired by the dedication of our franchisees, their staff, and our incredible employees nationwide who put in the work each day to better the communities we call home,” said Rebecca Rogers Tijerino, president of Spherion.

A new Spherion office is opening in Austin to connect job seekers with local businesses, meeting regional labor demand.

The Human Bean held its 17th annual breast cancer giveback event, Coffee for a Cure, on Friday, October 21st.

Large franchise platforms, such as Authority Brands and Neighborly Brands, are becoming increasingly common in the franchising industry.

Next Jump was selected by Harvard Business Review to be one of only three Deliberately Developmental Organizations (DDOs).

Multi-unit franchising offers benefits for individual owners and franchisors, including streamlined advertising and marketing expenditures.

Little Caesars names Greg Hamilton as its new Chief Marketing Officer, with a focus on digital transformation and brand growth.

Valhallan acquires NXT UP Esports, the provider of virtual youth esports camps and leagues across the United States, to provide an inclusive environment for esports competition.

Little Caesars targets Germany for international expansion, seeing the country as the perfect time to establish a presence.

Better Homes and Gardens Real Estate Connections has merged with County Line Properties in Hinsdale, Illinois, expanding its presence in the Chicagoland area

New York Sports Club acquires boutique fitness brand Fhitting Room

Euromonitor's Q4 global economic forecast predicts worsening economic conditions, with a sharp slowdown in growth forecast for 2023

Payroll Vault helped qualifying businesses receive millions of dollars in tax credits for sticking by their staff during the COVID-19 pandemic.