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Note 6 - Analysis of Franchised and Company-Owned Offices

12 Months Ended

Dec. 31, 2023

Notes to Financial Statements

Analysis Of Franchise Locations Disclosure [Text Block]

Note 6 – Analysis of Franchised and Company-Owned Offices

Below is a summary of changes in the number of franchised offices:

Franchised offices, December 31, 2021			217
Purchased in 2022 (net of sold locations)			207
Opened in 2022			16
Closed in 2022			(5	)
Franchised offices, December 31, 2022			435
Purchased in 2023			7
Opened in 2023			14
Closed in 2023			(29	)
Franchised offices, December 31, 2023			427

At December 31, 2023 HQI had one company-owned office, which is the Philadelphia location acquired in the Dubin acquisition. At December 31, 2022 HQI had two company-owned offices, which were the staffing division acquired in the Dental Power acquisition and the Philadelphia location acquired in the Dubin acquisition. Activity from these locations are classified as held-for-sale and reported as discontinued operations.

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