The Future
Franchise Bancorp is confident that franchising will continue to grow at an exceptional pace in North America. Currently, franchise activity comprises about 50% of all retail activity. Ted Loyst, CEO of Franchise Bancorp believes this will reach 75% in ten years. With this vision, we will continue to invest in the growth of our existing networks and consider strategic and complimentary acquisitions to continuously improve operating capabilities.
Franchise Bancorp is committed to continuous improvement. Throughout our 40 year history and looking forward, we continue to improve our franchise operations by listening, questioning, learning and implementing everyday. As our divisions grow and evolve, new stores are added, new product lines are added, purchasing power is increased and this growth is translated into earnings improvement for our entire network of franchisees.
As stated in many North American publications, "The only thing constant in retail is change". The Canadian retail marketplace is evolving. Family values are more important and people are staying closer to home. Franchise Bancorp believes that franchises catering to family and home is good business. All of our concepts, Living Lighting, Global Pet Foods and Rafters Home Stores cater to family needs.