Virginia is for Franchising Lovers
Every year, the International Franchise Association publishes a comprehensive report highlighting the economic impact franchising has on the US economy. Our data for 2017 showed that there are 733,000 franchise establishments that support nearly 7.6 million jobs, $674.3 billion of economic output for the U.S. economy, and 2.5 percent of the Gross Domestic Product (GDP).
In the state of Virginia, there are a whopping 22,000 franchises that support nearly 240,000 jobs, $8.6 billion of Virginia’s economic output, and $12.7 billion of their Gross Domestic Product (GDP). Get more information about the economic impact of franchising in Virginia by clicking here, or by going to https://franchiseeconomy.com/ and selecting your state!
Some of the IFA franchisor members who call Virginia home include Liberty Tax Service, Mosquito Joe and HIlton Worldwide. To get started on your journey of franchise ownership, here’s a list of IFA members who are offering franchises in the great state of Virginia!