Industry Analysis & Industry Trends
The Franchising industry has faced challenging trading conditions over the past five years. Instability in global markets during the early part of the five-years through 2015-16 led to a slowdown across the domestic market and uncertainty regarding the economy's stability. A recovery in economic conditions over the second half of the five-year period returned the industry to growth and enabled operators to recover earlier losses. As a result, the Franchising industry is projected to post annualised growth of 2.7% over the five years through 2015-16. Trends in real household disposable income, the average weekly hours worked and the target cash rate have also affected the industry's performance. Industry revenue is expected to post steady growth over 2015-16, rising by 3.0%... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Franchising industry is expected to operate in the mature phase of its life cycle over the 10 years through 2020-21. Industry value added, which measures the industry's contribution to the overall economy, is expected to increase by an annualised 2.7%, compared with annualised growth in Australian GDP of 2.6% over the same period. As a result, the industry is expected to perform in line with the wider economy.
Industry establishment numbers are expected to trend upwards over the decade through 2020-21. Growth in establishments has been driven by the entry of Generation Y. Supported by their parents' capital investment, franchising offers Generation Y consumers who want to be their own bosses the support and training structure they require to succeed... purchase to read more