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Wednesday, November 26, 2014

Question

Does anyone know where I can find an industry report listing certain recent trends such as economic growth or franchise growth for janitorial services over the past few years? I am looking to present some solid statistical data to a group of investors concerning the industry’s recent and anticipated growth.


Answer

Here are several sources for studies and info on the cleaning industry and business trends:
1. www.freedoniagroup.com, 440-684-9600
They sell a study on the janitorial, cleaning products and chemical.
2. www.marketdataenterprises.com, 813-931-3900
They have a study on janitorial, carpet and housecleaning markets. You can by the report by page, section or the entire report.
3. www.cmmonline.com
Cleaning & Maintenance Management magazine publishes two studies each year, on in house markets and another on the contractor markets. The studies are published in different issue of their magazine.
4. www.tradepress.com
They publish several magazines. Sanitary Maintenance, Contracting Profits both has articles and information on the cleaning, supply and equipment side of the market which is an indicator of business trends. Also try their search engine: www.cleanhound.com
5. www.issa.com
An industry wide trade association with many resouces on the cleaning industry.
I'd also suggest searching the Web for business publications dealing with entrepreneurial matters to see what their surveys may have revealed on these questions. The franchises themselves may offer numbers, although they may be self-serving and require further verification.
Economic growth is one of many areas where there many opinions based on the few solid facts we have to go by.
Lynn E. Krafft, ICAN/ATEX Associate Editor
lekrafft@juno.com