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National Overview
Direct Contributions to the U.S. Economy
|
In Franchised Business |
Percent of U.S. Private Sector |
| Jobs |
11,029,206 |
8.1 % |
| Payroll |
$ 278.6 billion |
5.3 % |
| Output |
$ 880.9 billion |
4.4 % |
| Establishments |
909,253 |
3.3 % |
- There are 909,253 franchised business establishments in the United States.
- Franchised businesses provide more than 11 million jobs, or 8.1 percent of the
national private-sector workforce.
- Franchised businesses supply an annual payroll of $278.6 billion, or 5.3 percent
of all private-sector payrolls in the United States.
- Franchised businesses produce goods and services worth $880.9 billion per year,
or 4.4 percent of private-sector output in the United States.
We include in “franchised businesses” all those establishments that are part of a
franchise system – those businesses owned by franchisees and those owned by the franchisor.
Total Contributions to the U.S. Economy
|
Because of Franchised Businesses |
Percent of U.S. Private Sector |
| Jobs |
20,974,636 |
15.3 % |
| Payroll |
$ 660.9 billion |
12.5 % |
| Output |
$ 2.31 trillion |
11.4 % |
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Franchised businesses demand products and services from other businesses and
provide income to their workers and owners, who then spend their income with other parties.
As this cycle repeats, the jobs, payroll and output that exist because of franchised
businesses grow beyond the jobs, payroll and output that are in franchised businesses alone.
-
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 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.