Franchising Supports Economic Growth

Franchising is a business model that allows you to go into business for yourself, but not by yourself.  Franchise ownership and the jobs they create offer career progression and economic stability. Franchises are the country’s largest job training program, fostering highly-skilled careers in a variety of industries.

Franchising by the Numbers

$907B

in annual economic output, representing

832,000

franchise establishments

85%

of franchisees live where they operate their business

3%

of GDP with growth outpacing rest of US economy

8.8M

jobs in the US

64%

of franchisees are first-time business owners

Franchising opens doors to business ownership for those who may not have the opportunity otherwise. Nearly 1/3 of business owners say they wouldn’t own their own business without franchising.

And with over 300 lines of business in franchising – everything from child care, to health services, lodging, and pet care, to home repair, salons, and painting, there’s an opportunity for everyone.

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