As discussed recently in a CNN article, changes in demographics can significantly impact the business strategies of franchise systems. For example, the aging baby boomer generation has triggered an increase in franchises specializing in household and healthcare services. According to one franchise business consultant, some of the most successful franchise businesses in the next few years will be those providing cost-efficient services, both medical and non-medical, for the aging population.
Posted by franchiselawblog at July 20, 2005 12:36 PM