• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

Foundations Of Health And Longevity In Retirement

December 6, 2025

America Has a New Favorite Mattress Brand — but There’s a Hitch to Maximizing Your Satisfaction

December 6, 2025

6 Examples for Describing Yourself in an Interview (and Why They Work)

December 6, 2025
Facebook Twitter Instagram
Trending
  • Foundations Of Health And Longevity In Retirement
  • America Has a New Favorite Mattress Brand — but There’s a Hitch to Maximizing Your Satisfaction
  • 6 Examples for Describing Yourself in an Interview (and Why They Work)
  • Uncover the Hidden Edge Top Franchisors Use to Win (And It’s Not More AI)
  • Most Entrepreneurs Start Companies. The Smart Ones Buy Them.
  • Why There Are More Billionaires in the World Now Than Ever
  • I Watched a Business Pivot Successfully in Real Time — Here’s How They Did It
  • Trump Accounts vs. Baby Bonds: Who Truly Benefits?
Saturday, December 6
Facebook Twitter Instagram
Micro Loan Nexus
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
Micro Loan Nexus
Home » Why the Franchise Industry Has Its Own Day Now
Investing

Why the Franchise Industry Has Its Own Day Now

News RoomBy News RoomJune 12, 20250 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

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

Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

America Has a New Favorite Mattress Brand — but There’s a Hitch to Maximizing Your Satisfaction

Burrow December 6, 2025

6 Examples for Describing Yourself in an Interview (and Why They Work)

Make Money December 6, 2025

Uncover the Hidden Edge Top Franchisors Use to Win (And It’s Not More AI)

Make Money December 5, 2025

Most Entrepreneurs Start Companies. The Smart Ones Buy Them.

Investing December 5, 2025

Why There Are More Billionaires in the World Now Than Ever

Make Money December 5, 2025

I Watched a Business Pivot Successfully in Real Time — Here’s How They Did It

Make Money December 5, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

America Has a New Favorite Mattress Brand — but There’s a Hitch to Maximizing Your Satisfaction

December 6, 20251 Views

6 Examples for Describing Yourself in an Interview (and Why They Work)

December 6, 20256 Views

Uncover the Hidden Edge Top Franchisors Use to Win (And It’s Not More AI)

December 5, 20254 Views

Most Entrepreneurs Start Companies. The Smart Ones Buy Them.

December 5, 20254 Views
Don't Miss

Why There Are More Billionaires in the World Now Than Ever

By News RoomDecember 5, 2025

Key Takeaways According to a new report from Swiss bank UBS, the world now has…

I Watched a Business Pivot Successfully in Real Time — Here’s How They Did It

December 5, 2025

Trump Accounts vs. Baby Bonds: Who Truly Benefits?

December 5, 2025

Research Finds Peanuts Improve Memory and Blood Pressure — but There’s a Catch About Which Type

December 5, 2025
About Us

Your number 1 source for the latest finance, making money, saving money and budgeting. follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: [email protected]

Our Picks

Foundations Of Health And Longevity In Retirement

December 6, 2025

America Has a New Favorite Mattress Brand — but There’s a Hitch to Maximizing Your Satisfaction

December 6, 2025

6 Examples for Describing Yourself in an Interview (and Why They Work)

December 6, 2025
Most Popular

6 Examples for Describing Yourself in an Interview (and Why They Work)

December 6, 20256 Views

Uncover the Hidden Edge Top Franchisors Use to Win (And It’s Not More AI)

December 5, 20254 Views

Most Entrepreneurs Start Companies. The Smart Ones Buy Them.

December 5, 20254 Views
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 Micro Loan Nexus. All Rights Reserved.

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