Thinking about owning a franchise business?  Start with the facts.

  • 55% of all Americans want to be their own boss.
  • 37% of all households are involved in small business.
  • 70% of all high school students want to start a business.
  • 1 out of every 25 adults is currently starting a business.

The IFA’s Foundations research shows that over 900,000 franchised businesses provide 21 million jobs and contribute $2.3 trillion to the U.S. private sector economy.

  • Franchised businesses are the cause of nearly 21 million jobs, or 15.3 percent of all U.S. private- sector jobs.
  • Franchised businesses are the cause of $660.9 billion of annual payrolls, or 12.5 percent of all U.S. private sector payrolls in the United States.
  • Franchised businesses are the cause of $2.31 trillion of annual output, or 11.4 percent of all private-sector output in the United States.

There are over 3,000 franchise concepts in over 90 different categories.

If franchise ownership is in your future, then let a FranSelect coach help guide you through our evaluation and selection process. Start with our Franchise Selection Tool today.

(Source: International Franchise Assoc.)