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Statistics
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Franchised businesses account for nearly 45% of all retail sales in the United States.
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International Franchise Association has reported that franchising is responsible for 900,000 businesses, 21 million jobs, 15.3 percent of the private sector employment, and over $660 billion in payroll!
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According to latest estimates, there are over 2,500 franchises available in 75 industry categories.
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Total sales by franchised businesses are projected to reach over $2.3 trillion, this year.
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1 out of every 12 businesses is a franchised business.
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A new franchised business is opened every 8 minutes of every business day.
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