“Over the past few decades, the franchise industry has undergone a significant transformation. What was once largely dominated by food and retail brands has grown into a dynamic and diverse ecosystem that spans industries such as health care, education, home services, fitness, technology, and more. This evolution reflects shifts in consumer behavior, increased demand for flexible and smaller footprint business models as well as a growing interest in entrepreneurship as a pathway to personal and financial freedom.”

Originally Written by Nancy E. Williams (FDM September 2025) – revised by Erika Ortega