A new year means a new start. For some, this could mean making the leap to a more meaningful career path by owning a franchise business. For franchise brands, it may mean implementing new growth strategies for the coming year. Let’s explore the franchise trends for 2025, and how they affect franchise financing solutions for both franchisors that want to grow and borrowers that want to finance their ownership dream.
Key franchise trends for 2025: Entrepreneur magazine
Entrepreneur has been a trusted resource for the franchise industry for decades. Their annual Franchise 500 list is widely recognized as an authority on franchise brand performance, and winning a coveted spot on the list is a goal for many franchise brands. Their 2025 trend predictions emphasize high-tech and include:
AI-driven customer support: Franchise brands will continue to lean on chatbots to provide more personalized customer service. This year, they’ll tap AI to help with growth strategies, training and market-specific operational adjustments.
Virtual reality (VR): Brands will lean into VR technology to enhance the discovery process. Think immersive virtual tours of franchise locations and training facilities. This could help candidates get a better feel for the business opportunity without the need to travel in person to a Discovery Day.
Expansion of micro-franchising: A micro-franchising business model offers smaller-scale franchise opportunities. It usually requires a lower initial investment and may also have a mobile- or home-based office model, which allows franchisees to operate with lower overhead and a reduced commitment. This more flexible approach to ownership has broad appeal and growth potential.
Franchise Business Review weighs in
Franchise Business Review provides information to help potential franchise buyers compare their options. They publish franchise ratings, reports and industry insights based on information provided by current franchise owners. The publication talked to several franchise industry insiders to get their take on what 2025 has in store for franchising. Some key takeaways:
Record franchise growth: Starting the year with lower interest rates and a business-friendly administration means more opportunity for growth in 2025, with better financials appealing to both new investors and multi-unit owners seeking to expand.
Embracing technology: Brands will continue to leverage technology to create more personalized interactions with customers and streamline communication and training efforts.
Reimagining work-life balance: As the way we work continues to evolve, people are searching for meaningful employment that makes an impact, aligns with their values and allows them to be who they are. Franchise ownership is a natural outlet for those seeking this kind of work.
What do all these trends mean for franchise financing?
Overall, trends point toward an amazing year for franchising. With lower interest rates and a more business-friendly climate, now is a great time to realize your franchise ownership dreams or focus on growing your brand. It all starts with finding the right funding for potential owners and finding qualified candidates for brands that are ready to expand. That’s where BoeFly comes in.
How does BoeFly help with franchise financing solutions?
BoeFly has over 14 years of experience helping people realize their business dreams, from financing their very first franchise to helping those who are ready to open additional units. For borrowers, we offer an easy, one-step application process that’s safe and secure. You only need to enter your sensitive financial information one time. With BoeFly’s online tools, you can:
- Find out how financially fit and fundable you are, giving you the confidence to invest.
- Have real-time visibility throughout your entire loan process.
- Connect with the right lender for you while avoiding those that aren’t a fit.
- Have access to lending experts to address all of your questions.
“I expect the competition for qualified candidates will continue to accelerate in 2025,” says BoeFly Founder and CEO, Mike Rozman. “We’re seeing more brands, even start-ups, implement rigorous liquidity verification early in their sales process.” Having an expert at BoeFly guide you through the process will help ensure that you have all the correct financials and verifications that you need to secure funding.
For franchise brands, BoeFly’s bVerify tool gives you all the information you need to vet and qualify potential candidates, including background and criminal checks as well as financials.
Ready to connect with BoeFly?
The experts at BoeFly are ready to help you through every step of the loan process. And if you’re a business, BoeFly has the franchise applicant vetting solutions that you need to grow. Get started on your 2025 goals today. Just click on the link that best describes you below and fill out the form to connect with BoeFly.
