Franchise Opportunities Blog
Franchising has Momentum in Maryland
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 Maryland, there are a whopping 13,000 franchises that support nearly 142,800 jobs, $13.6 billion of Maryland's economic output, and $8.6 Billion of their Gross Domestic Product (GDP). Get more information about the economic impact of franchising in Maryland by clicking here, or by going to https://franchiseeconomy.com/ and selecting your state!
Some of the IFA franchisor members who call Maryland home include Kiddie Academy, Courtyard by Marriot and Sylvan Learning, LLC.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 Maryland!