Find the Economic Impact of Franchising
Why it's
Important
Franchised businesses have made major contributions to the economy, including generating more jobs between 2001 and 2005 than several of the nation’s major economic sectors. In 2005, American franchises:
- Operated 909,253 establishments
- Provided 11 million jobs -- more than 8% of private sector employment
- Contributed $278.6 billion in payroll
What it's
About
The purpose of this study is to provide updated measures of the total economic impacts of franchised businesses throughout the United States, including:
- Direct and indirect economic impact of franchised businesses;
- The annual output of goods and services; and
- The number of jobs filled within and because of franchised businesses.
The Value of Franchising
The Economic Impact of Franchised Businesses report, conducted by PricewaterhouseCoopers, found that franchised businesses generate a significant amount of economic activity in the United States, and stimulate still more activity in non-franchised businesses.
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About IFA
Since its inception in 1960, the International Franchise Association has represented and protected the interests of the franchise community as well as the American entrepreneurial spirit. A membership organization of franchisors, franchisees and suppliers, we are dedicated to providing our members with the best franchise information.
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