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Future Speak A look at franchising in the new millenium

By Lori Francisco

Opinions expressed by Entrepreneur contributors are their own.

The economy is booming and business is exploding, which meansgood things in the world of franchising. Here, Jerry Wilkerson,founder of Franchise Recruiters Ltd., discusses the future offranchising.

Lori Francisco: What are some major franchising trendsyou're seeing this year?

Jerry Wilkerson: We'll continue to see a lot ofbuyouts and takeovers. Franchisors can buy competition and takeover a region without increasing the size of their managementstaff. They've become bigger players since so much venturecapital money is available.

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