Franchising has contributed to robust job creation and a skills development platform for small business owners and workers. Today, more than 806,000 franchise establishments exist, which support nearly 8.7 million jobs in the United States. expertise.
Statistics show that franchise businesses have a higher success rate compared to independent startups. Around 90% of franchises survive past the first five years, while the same can be said for only about 20-30% of independent businesses. This indicates the strength of the proven business model and support provided by
Statistics show that franchise businesses have a higher success rate compared to independent startups. Around 90% of franchises survive past the first five years, while the same can be said for only about 20-30% of independent businesses. This indicates the strength of the proven business model and support provided by