The global economy, the labor force and franchising's future: have short-term contingency plans, but be prepared for profitable growth opportunities as the future unfolds.
Franchising World › Vol. 42 Nbr. 9, September 2010
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Summary
GOVERNMENT RELATIONS
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The global economy, the labor force and franchising's future: have short-term contingency plans, but be prepared for profitable growth opportunities as the future unfolds.
Franchise executives face great uncertainty as they plan for 2011 and beyond. The economic recovery from the "Great Recession" of 2008 and the first half of 2009 seems weak and fragile. Will it pick up steam, or could the U.S. fall back into the dreaded double-dip recession? Geopolitical turbulence and associated risks from two ongoing wars in Iraq and Afghanistan, and unstable nations (e.g. North Korea, Iran, Israel and Gaza) plus an upcoming U.S. election spell further uncertainty.
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