Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Business Startups»Why the Franchise Industry Has Its Own Day Now
    Business Startups

    Why the Franchise Industry Has Its Own Day Now

    FintechFetchBy FintechFetchJune 11, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Franchise leaders from around the globe are uniting today for the inaugural World Franchise Day, a new global initiative aimed at raising awareness of franchising’s critical economic impact and celebrating the local business owners behind the brands.

    The idea came to Sherry McNeil, president and CEO of the Canadian Franchise Association, in the middle of the night. “I woke up at 3 a.m. and I thought, Oh my gosh, why don’t we have some sort of franchise day? There’s a national chocolate cake day, a national potato chip day, etc. So I started to do some research, and I couldn’t find anything on Google about an actual celebration of franchising.”

    Related: Considering franchise ownership? Get started now to find your personalized list of franchises that match your lifestyle, interests and budget.

    Together with Kirk Allen, co-founder of Reshift Media, and in collaboration with the World Franchise Council (which represents over 40 countries), McNeil helped establish today, June 11 — and subsequent second Wednesdays in June — as World Franchise Day. The goal? To spotlight franchisees as the small business owners they truly are.

    Related: She Was a Lawyer with No Restaurant Experience. Now, She’s Reviving an Iconic Restaurant Chain.

    “People often think franchising is just big business,” McNeil says. “But franchisees are your neighbors. They hire locally, pay local taxes and support their communities. They are the definition of shopping local.”

    From mobile dog grooming to home services and fitness studios, franchising is expanding into new sectors worldwide. According to the Canadian Franchise Association, franchising now spans over 660 distinct business categories — far beyond fast food and retail. At the same time, franchise service providers and consultants are also growing fast, with many firms bundling services like digital marketing, PR and lead generation to support brands and franchisees alike.

    Related: Emma Grede Dropped Out of School at 16. Now the Skims Boss Runs a $4 Billion Empire — Here’s How.

    For prospective franchisees, both McNeil and Allen emphasized due diligence — understanding total startup costs, expected lifestyle changes and the importance of aligning with ethical brands. “Look for the logo,” McNeil says, referencing organizations like the CFA and International Franchise Association, which vet members for responsible franchising.

    Ultimately, the hope is that World Franchise Day serves as both a celebration and a rallying cry. “Every franchise brand should do something — put a poster in the window, share a franchisee’s story, give away a coffee,” Allen says. “Because franchising deserves to be recognized globally.”

    Related: I Walked Away From a Corporate Career to Start My Own Small Business — Here’s Why You Should Do the Same



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous Article“If Bitcoin’s not going to zero, it’s going to $1 million,” Says Michael Saylor
    Next Article SEON Unveils AML Compliance Suite to Help Compliance Teams With AI-Powered Functionality
    FintechFetch
    • Website

    Related Posts

    Business Startups

    AI Coding Startup: Work Weekends or Take a Buyout

    August 7, 2025
    Business Startups

    VCs Are Focusing More on Purpose and Less on Profits — Here Are the 5 Things They’re Looking For in Founders

    August 7, 2025
    Business Startups

    Microsoft Planning Return-to-Office Mandate: Report

    August 6, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Is The Bitcoin Bull Cycle Really Over? This Indicator Suggests Price Could Rebound To $130,000

    March 1, 2025

    Trump Media Firm Plans to Launch a Bitcoin Exchange-Traded Fund 

    February 7, 2025

    Snaky Way ($AKE) Explodes Into Presale with AI Buybacks, Collabs & Blockchain Games

    July 4, 2025

    This Is the Real Secret to Exceeding Your Customer’s Expectations

    February 25, 2025

    This Key Resistance Could Prevent BTC’s Surge to $90K

    March 16, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    Ethereum Reclaims Realized Price – Bulls Face Strong Resistance At $2,300

    March 26, 2025

    Good News for Ripple Investors: Is XRP Preparing for a Rebound?

    April 4, 2025

    How I Built a Bulletproof Portfolio (And What Most People Get Wrong)

    May 8, 2025
    Our Picks

    Bitcoin Could See Another Crash To Fill This Imbalance Before Rally To $120,000

    August 7, 2025

    Wealth Platform Vennre Taps Into Saudi Vision 2030 With New Private Market Investment Product

    August 7, 2025

    Visa Launches Cybersecurity Advisory, Names New Cyber Products Head

    August 7, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.