Since March 2020, there have been countless media stories about the Great Resignation, where frustrated workers have been quitting jobs in droves. You would never know it’s an issue in franchising. The industry saw countless new jobs, hires, and promotions in 2022. And we know it firsthand because we have reported about it on FranchiseWire with our HireWire series.
In the International Franchise Association‘s 2022 Franchising Economic Outlook, there was a reported 775,000 franchise establishments that support nearly 8.2 million direct jobs. Franchising creates jobs every day — not just locally — but also at the corporate level.
No matter your position in the franchise industry — founder, consultant, marketing, field operations, or sales — there are endless opportunities for upward mobility. Franchise industry professionals are hired or promoted seemingly every day.
Here is a compilation of notable franchise industry jobs, new hires and promotions from 2022. This lengthy list proves that upward mobility is alive and well in franchising.
While there has been a lot of upward mobility in franchising, surprisingly many executives in franchising fell into the industry without a formal degree. A conundrum these days is whether to go to school for franchising or take the plunge and work right away. Schools like Palm Beach Atlantic University’s Titus Center for Franchising and the University of Louisville understand the importance of including franchising in business curricula to give entrepreneurial young people key insight into the benefits of the booming industry.
When recruiting franchisees, most franchisors don’t require a degree in franchising — or any degree at all. Franchise business owners can succeed by following the proven system. With support and training from a franchisor, franchisees usually need little to no experience to do well. Franchising levels the playing field and gives entrepreneurs from all backgrounds the opportunity to achieve financial freedom.
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