Franchise Opportunities Blog
Franchising is Monumental in Michigan
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 Michigan, there are a whopping 23,000 franchises that support nearly 247,200 jobs, $19.5 billion of Michigan's economic output, and $11.1 Billion of their Gross Domestic Product (GDP). Get more information about the economic impact of franchising in Michigan by clicking here, or by going to https://franchiseeconomy.com/ and selecting your state!
Some of the IFA franchisor members who call Michigan home include ComForCareHome Care, Kilwins Chocolates Franchise, Inc. and Two Men and A Truck.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 Michigan!