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Recently, a study released by PricewaterhouseCoopers revealed the enormous economic impact of franchising on the private sector in the United States. The results will surprise you:
  • 75 industries use franchising to distribute goods and services to consumers.
  • In the United States more than 40% of all retail sales come through franchising.
  • There are 767,483 franchised business establishments in the United States (2001).
  • Franchised Businesses provide over 18,000,000 jobs in the United States (2004 estimate)
  • Franchised Businesses provide goods and services worth $624.6 billion per year in the United States (2001)
  • A new Franchised Business opens somewhere in the United States every 8 minutes.
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