Accurate Franchising, Inc., has a record number of confirmed transactions in the first quarter of 2022
WEST PALM BEACH, FL, May 10, 2022 /24-7PressRelease/ — The first quarter of 2022 was a record high for Accurate Franchising, Inc.™ (AFI). The leading franchise development company that helps business owners and businesses turn their business into franchises, part of the United Franchise Group™ (UFG) family of affiliate brands and consultants, has confirmed 22 contracts during the of the first three months of 2022, which is more than it has ever reached in a similar period of time.
Their success reflects the health of the franchise industry, which is attracting more and more entrepreneurs. In its 2021 Franchise Economic Outlook, the International Franchise Association (IFA) found more than 26,000 franchises expected to open in 2021. Franchises drive sales 1.8 times higher than other comparable businesses, found the IFA.
“Closing 22 franchise development deals is absolutely the best quarter Accurate Franchising has ever had,” said Tipton Shonkwiler, President of Accurate Franchising Inc. and also Managing Director of the Consulting Division of United Franchise Group, “ It’s given us great momentum for the rest of the year, and I can’t wait to see what we do next,” continued Shonkwiler.
The new franchisors are located across the United States and represent a wide range of industries, including food and beverage, retail, fashion, travel, health and wellness. AFI’s process to create franchises from a business with one or more locations takes approximately four months. Their technique begins with a franchise feasibility consultation. Once qualified, the next step is a strategic planning session, leading to the execution of franchise information materials, then advice on policies, procedures and systems, including a personalized sales program and franchise marketing.
“AFI has several advantages that have led to their success,” said AJ Titus, President of United Franchise Group, “The business-to-business ecosystem that has grown over the past 3 decades from our network of franchise brands, consultants, preferred vendors, and vendors, benefits new franchisors as they reap the rewards of seasoned relationships as they get started; And, UFG’s global footprint, experience, and relationships are especially beneficial when starting out. international expansion.
As franchising continues to lead the economic recovery, the IFA predicts franchise business production will continue to improve in 2022 with a net gain of 17,000 additional new franchises in the United States by the end of this year. .
About Accurate Franchising, Inc.
Accurate Franchising Inc.™ (AFI) is the only franchise development consulting firm with first-hand experience operating and growing its own franchise brands. As part of the United Franchise Group™ (UFG) family of affiliate brands and consultants, AFI helps entrepreneurs grow their business by becoming franchisors. With an intimate understanding of what a franchisor needs to be successful, AFI ensures that its clients benefit from its 35 years of experience promoting brands in award-winning, world-class businesses. Accurate Franchising Inc. has worked in over 80 countries with over 350 brands and over 2500 franchisees worldwide and with industry leading brands like Graze Craze®, Fully Promoted®, Signarama®, Transworld Business Advisors® and Venture X® to name a few. For more information, visit www.AccurateFranchising.com.
About United Franchise Group
Led by CEO Ray Titus, United Franchise Group™ (UFG) is home to an affiliated family of brands and consultants, including Accurate Franchising Inc.™, FranchiseMart®, Franchise Real Estate™, Fully Promoted®, Preveer™ (formerly Resource Operations International ), Signarama®, Transworld Business Advisors® and the Coworks™ division consisting of Network Lead Exchange™(NLX), Office Evolution® (OE) and Venture X® as well as a food division with Graze Craze®, Jon Smith Subs®, and the Great Greek Mediterranean Grill®. UFG affiliate brands include over 1,600 franchises in over 60 countries, with consultants helping to franchise over 350 brands, in over 80 countries with over 2,500 franchisees. With more than three decades in the franchising industry, United Franchise Group provides unparalleled leadership and strong business opportunities for entrepreneurs.
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