(PRWEB) September 14, 2012
Big4.com, the premier social networking forum for professionals and alumni of Accenture, Andersen, BearingPoint, Capgemini, Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers PwC reports that PwC’s Franchise Sector Indicator (FSI) released recently shows franchisors have continued to achieve double digit growth in the past 12 months.
Big4.com reports that Looking to the future, franchisors surveyed remain optimistic. They are forecasting revenue growth of 11 per cent in the next 12 months and 34 per over the next three years. Profit is tipped a little higher at 15 per cent for the next 12 months and 45 per cent for the next three years.
Franchisors also plan to add an additional 10 franchise units in the next 12 months and 31 over the next three years. Franchisors surveyed credited their growth to improved franchisee performance and strategic direction. Big4.com also notes that finding suitable franchisees remains the number one challenge for franchisors with just over two thirds (68%) saying it is their biggest short term hurdle. Economic conditions were also cited as a challenge, along with funding.
Big4.com is the accounting, tax, consulting and IT professions’ premier resource, and has been exclusively focused on Big Four firm professionals and alumni for 10 years, providing high quality content, connectivity and commerce. The Big Four Job Board offers fresh job opportunities – clients include the world’s leading companies. Big Four News covers key news, developments, events, survey results, press releases and appointments. The Big Four Blog provides opinion and insight on recent and key developments, news, happenings, management changes, regulations, acquisitions and capital market activities. Big4 Video is a professionally produced news covering key global developments in this space.
Big4.com has a strong presence on key social media platforms:
Youtube: Big4Video is a professionally produced weekly news magazine.
Twitter: twitter.com/big4 has 9,500 followers.
LinkedIn: The Big Four Alumni and Professionals group is the largest corporate and alumni group with 100,000+ members.
Facebook: The Big4 fan page has 7,500 fans at facebook.com/big4page.
Xing: The Big Four Alumni and Professionals group has 1,450+ members.
- Kristy Short