OCTOBER 2024BUSINESSMANAGEMENTREVIEW.COM6Art & GraphicsAmelia StewartDeclan ColeJaxon JaseManaging EditorSummer Gutierrez EditorialLouis BeckerLeah JaneAlfred MardinRachael ClarkCopyright © 2024 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Editorial*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffSummer Gutierrez Managing Editoreditor@businessmanagementreview.comAI and machine learning (ML) are at the vanguard, transforming franchise operations with data-driven decision-making, predictive analytics, and AI-powered customer care chatbots. These technologies improve productivity, save costs, and provide better client experiences. Automation and robotics are also transforming the sector, with automated order fulfillment and robotic aid in various operational duties, addressing labor issues, and optimizing procedures.With the growing integration of virtual and augmented reality (VR/AR), potential franchisees and customers can now experience products and services in a virtual environment before deciding.The market for franchise consulting has been rapidly expanding. The franchise production is predicted to increase by 4.1 percent, from 858.5 billion dollars in 2023 to 893.9 billion in 2024. The franchise market is expected to grow by 1,967.1 billion dollars between 2023 and 2028, with a CAGR of 10.41 percent. This rise is driven by the increased adoption of modern technologies, shifting customer preferences, and the growth of franchise establishments in various industries.In this edition of Business Management Review, we explore insights into the latest trends and developments in the franchise consulting sector and how companies leverage cutting-edge technologies to offer innovative services. We feature thought leadership articles from industry experts Whitney Knight, Director, Brand Management Homewood Suites at Hilton, and Joshua Gore, Director of Sunland Management Systems, Sunland Logistics Solutions.Whitney Knight emphasizes considering what is emotive for the target audience and resisting the temptation to create a campaign, which everyone in the industry does. Joshua Gore discusses how an effective BPM is crucial in the 3PL and logistics industry. Our extensive analysis of market trends has allowed us to pinpoint companies at the forefront of innovation in franchise consulting services. Strategic Franchise Development stands out, equipped with groundbreaking technological capabilities poised to transform businesses with unmatched services.In this edition, featuring the Top Franchise Consulting Services Providers 2024, we aim to help you find the right partner for your business requirements.Let us know your thoughts!Tech Innovations Shaping the Future of Franchise ConsultingEmail:sales@businessmanagementreview.comeditor@businessmanagementreview.commarketing@businessmanagementreview.com OCTOBER - 10 - 2024 Volume 04 - Issue 19 [ISSN 2831-848X] Published by ValleyMedia Inc.To subscribe to Business Management Review Visit http://businessmanagementreview.com/subscribe/
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