Value of Franchising

The Economic Impact of Franchised Business Report, conducted by Price Waterhouse Coopers, found that franchised business generate a significant amount of economic activity in the U.S. Franchised businesses operated nearly 1 million establishments, provided 8% of private sector employment, and accounted for more than $2.3 trillion in annual economic activity.

Franchising also outpaced the economy as a whole in terms of job growth rate payroll and output between 2001-2005. (Input link to Economic Impact of Franchised Businesses, found in IFA website)

According to Matthew Shay, President of the International Franchise Association, franchising now provides more jobs than many other sectors of the economy, including durable goods manufacturing and financial activities sectors.

FranCounsel Group works with a number of organizations, including the U.S. Department of Commerce, to transfer this thriving business model to developing countries in Africa and around the world.