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IFA’s NextGen Program Goes Live


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It’s time once again for one of the very best things in all of franchising: IFA’s fantastic NextGen in Franchising Global Competition is now accepting applicants for the next crop of industry leaders who need a boost in bringing their great idea to market via franchising.

Why should you care about the NextGen program? First of all, our industry is lucky to have it. Like many business sectors, franchising is not nearly as diverse as our country—and diversity is a great way to show the power of franchising for changing people’s lives.

Compared with franchisees who got their start through the generous help of parents, there are significant numbers of people with a much more complex, difficult journey in this business: immigrants who worked hard to build their own business, young people who saved for down payments rather than “gap year” adventures, hard working parents that juggled youngsters and operations down at the store or restaurant.

Entrepreneurs between 21-35 years old who’ve been in business for 1-5 years with potential to scale through franchising are encouraged to apply. The deadline is September 1, 2017, and winners will be notified in October and must attend the IFA’s convention in Phoenix from Feb. 10-13, 2018.

The IFA’s NextGen program is one of the greatest things about this industry, and a great way to mentor a new generation that’s not burdened by the hang ups and restrictions that older folks might have. NextGen isn’t just a good thing for the winners, it’s a good thing for anyone who chooses to be a part of this remarkable experiment in cross-generational networking and mentorship.

Please let me know if you have any questions about this program. If the past three NextGen programs are any indication, every one of these “kids” had an incredible story to share.

More information on the program, including the link to enter, is available HERE.

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The latest news, opinions and commentary on what's happening in the franchise arena that could affect your business.

Tom KaiserTom Kaiser is associate editor of Franchise Times. He can be reached at 612.767.3209, or send story ideas to tkaiser@franchisetimes.com.
 
Beth EwenBeth Ewen is editor-in-chief of Franchise Times. She can be reached at 612.767.3212, or send story ideas to bewen@franchisetimes.com.
 
Nicholas UptonNicholas Upton is staff writer at Franchise Times. He can be reached at 612.767.3226, or send story ideas to nupton@franchisetimes.com.
 
Mary Jo LarsonLaura Michaels is managing editor of Franchise Times. She can be reached at 612.767.3210, or send story ideas to lmichaels@franchisetimes.com.
 
Mary Jo LarsonMary Jo Larson is the publisher of Franchise Times Magazine and the Restaurant Finance Monitor.  You can find her on Twitter at
 twitter.com/mlarson1011.
 
Nancy WeingartnerNancy Weingartner is editor-at-large of Franchise Times magazine and the editor of the Food On Demand media project. You can reach her at 612-767-3200 or at nancyw@franchisetimes.com.
Follow her on Twitter at http://twitter.com/nanweingartner.
 

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