Statistics

 

q       Franchised businesses account for nearly 50% of all retail sales in the United States.

 

q       The International Franchise Association has reported that franchising is responsible for 760,000 businesses, 18 million jobs, 14 percent of the private sector employment, and over $500 billion in payroll!

 

q       According to latest estimates, there are over 5,000 franchises available in 75 industry categories.

 

q       Total sales by franchised businesses are projected to reach over $2 trillion, this year.

 

q       1 out of every 12 businesses is a franchised business.

 

q       A new franchised business is opened every 8 minutes of every business day.