What is Franchising

When your favorite products and services start popping up on street corners across the country and around the globe – it’s franchising! A business growth strategy, franchising has been utilized for nearly 100 years, providing franchisors with ways to scale their business, and franchisees with an opportunity to go into business for themselves but not by themselves.

Franchising turns great business ideas into great businesses…
in millions of locations around the world!

Through franchising, many companies
have become global icons.

And franchise brands are growing

The franchise model is a game changer, and has allowed the brands below to grow from just one, or a handful of locations, to hundreds in just a few years. Your business could be next!

The Future of Franchising

We are looking to build the next generation of franchise ambassadors. By providing individuals from around the world with networking opportunities, constructive feedback and a closer look into key components of the franchise process – NextGen is helping entrepreneurial dreams come true.

Pick Your Career Path

The franchising world is filled with opportunity.
No matter which road you choose to take, the journey is guaranteed to be as worthwhile as the destination.

Work for a Franchise

The franchise industry is made up of thousands of different companies offering millions of jobs that continuously need to be filled. Opportunities range from entry-level to the C-suite. Management, marketing, customer relations, regional operations, field consulting and global development are just a few of the roles available to you within the franchise system.

Invest in a Franchise

If you want to be in business for yourself but not by yourself, investing in a franchise is a great option. Starting a business from scratch involves a big learning curve whereas becoming an owner of an existing concept gives you a solid foundation on which to stand. You have the benefit of a proven business model, training and marketing support. You get to experience entrepreneurship while being a part of a bigger family.

Build a Business

As an entrepreneur, you likely have big ambitions. If you dream of having your successful concept develop into a thriving business, franchising is a great way to help your existing company expand, and even grow globally. It takes hard work and dedication, but the International Franchise Association can help you understand what’s involved, and connect you with the right individuals to guide you through the process.

Do What You Love

Globally, there are millions of franchise businesses operating in more than 300 industry categories. From child care to senior care, from home repair to hotels, from start-ups to Fortune 500 companies, and e-commerce kiosks in airports to retail stores in shopping malls to restaurants on Main Street…franchises are everywhere!

Franchises may come in all shapes and sizes – but they all started with an idea and grew into successful enterprises using the franchise business model. Imagine working, buying or investing in a field that inspires you.

  • Restaurants

  • Pets

  • Education

  • Lodging

  • Automotive

  • Graphics

  • Travel

  • Services

  • Fitness

  • Seniors

  • Healthcare

  • Sports

Get Involved

There are many ways for you to become a part of the franchise community. Whether you are a current entrepreneur or an aspiring one, take advantage of the following opportunities.

  • Scholarships

    The Franchise Education & Research Foundation offers a wide range of programs and scholarships designed to help engage and educate young people interested in learning more about the franchise industry.

  • Education

    If you’re serious about a career in franchising, consider pursuing becoming a Certified Franchise Executive (CFE) or participating in a variety of professional development programs led by the best in the business.

  • Membership

    Get more information about membership with the International Franchise Association, franchise events, and/or to sign up for a free subscription to IFA Smart Briefs.

The NextGen Global Competition engages young entrepreneurs who are seeking careers and business opportunities in the franchising industry. From all of the applications received, we’ll award 20 outstanding young entrepreneurs who are poised to take off if given the mentoring and support from franchise leaders who are the best in the world at scaling concepts.

Winner Announcements

The 2017 Competition is closed, and winners will be announced at theIFA Annual convention in Las Vegas, NV, from January 29 – February 1, 2017.

Contest Winners Will Receive:

  • A trip to IFA’s Annual Convention, complimentary convention registration, and travel expenses (up to $1,500 US)
  • A spot at the NextGen in Franchising Summit, a two-day educational and networking program for next generation entrepreneurs
  • A 90-day accelerator program with industry leaders and CEOs
  • An opportunity to participate in the FRANSHARK competion for additional cash prizes
  • Extensive, industry-wide media exposure
  • Opportunities to engage directly with leading franchisors, franchisees and suppliers in franchising and with other young entrepreneurs

The franshark experience

This competition lets you dive right in. You’ll quickly learn what it takes to make it as a franchisor and receive constructive criticism about your current business concept. It’s about getting a better idea of where you are today and where franchising can take you in the future.

We are proud to present

The NextGen in Franchising Global Competition Winners for 2016

See past winners!

Winners Details

Franchise Education and Research Foundation

Franchise Education & Research Foundation

The Franchise Education & Research Foundation is the proud organizer of NextGen in Franchising. Founded in 1983, it is a 501(c)(3) tax exempt organization. The Foundation is supported through the generous contributions of IFA members and other charitable individuals. All contributions are tax deductible.

Learn more


Special thanks and recognition to the founding sponsors and donors for their generous support of the NextGen in Franchising program:

Founding sponsor

David McKinnon, Founder, ServicesBrands Intl.

The Stewart & Jane Bainum Fund

The Choice Hotels Foundation

Melanie Bergeron
Chair of the Board, Two Men & A Truck

Joe Bourdow
Senior Advisor, Valpak

Charlie Chase
President & CEO, FirstService Brands, Inc.

Lawrence “Doc” Cohen
President, DOC & Associates

Tariq Farid
CEO, Edible Arrangements

Aziz Hashim
President and CEO, NRD Holdings

The Stephen P. Joyce Fund

Amit Kleinberger
CEO, Menchie’s Frozen Yogurt

The J. Willard and Alice S. Marriott Foundation

Amit Pamecha
CEO, FranConnect