This document summarizes the results of a quarterly survey of over 400 New Zealand franchisors and 100 franchise service providers. The key findings are: 1. Franchisor sentiment is very positive about general business conditions and franchise sector growth drivers this quarter. 2. Franchisors are especially optimistic about franchisee profitability prospects, considered a key performance indicator for franchising. 3. Both franchisors and service providers expressed increased confidence in franchisee sales levels, with franchisors rising to a net positive 56% outlook.