National Impact of Franchising

National Economic Impact

In FranchisesBecause of Franchises
establishments733KN/A
jobs7.6M13.3M
payroll$269.9B$565.8B
output$674.3B$1.6T
GDP$404.6B$925.9B

National Polling

76% have a favorable opinion of family-owned franchises.

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2016 economic data

2017 forecast data

Public opinion on franchising

See the results of our new survey of current and prospective franchise owners

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Franchise Business Forecast for 2017*

Continued growth in the next year

Overall 2017 forecast

Establishments

744.4K

+1.6% from 2016

Employment

7.9M

+3.3% from 2016

Output

$710B

+5.3% from 2016

GDP

$426B

+5.2% from 2016

*Data prepared by IHS Markit Economics, for the International Franchise Association, Franchise Education and Research Foundation, January, 2017.

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A majority of franchise owners and potential buyers are optimistic about the economy

By A 2-1 Margin, Current and Prospect Franchise Owners Say the Economy is Improving

Tax reform survey results chart

Franchise Owners and Potential Buyers are More Optimistic About Their Future Business Plans

Tax reform survey results chart

Franchise Owners and Potential Buyers are Ready to Invest

Tax reform survey results chart

Franchise Owners and Potential Buyers Agree on Policy

Tax reform survey results chart

Policy

Joint Employer Wide Bipartisan Majorities Want Congress and the Administration to Support Locally-Owned Businesses

Which of the following would you prefer?

Tax reform survey results chart

Tax Reform Americans Agree Tax Reform Should Reduce Taxes for Both Small and Large Businesses

When it comes to tax reform, which of the following should be the highest priority for the next Congress and Administration?

Purchasing power survey results chart

If effective tax rates for large corporations are reduced, should effective tax rates for small businesses also be reduced?

Purchasing power survey results chart

Public opinion polling shows Americans support franchises

Franchise Establishments Get High Marks From Voters Across Party Lines

Voters who have a favorable view of neighborhood family-owned franchise businesses:

76%

of all voters

76%

of Democrats

73%

of Independents

79%

of Republicans

Voters Think Locally-Owned Businesses Are More Likely to Work to Support Local Community

Who do you think is likely to be more involved with improving the local community by assisting places such as local churches, charities, little league teams, etc.?

Franchise Fast Facts

Franchise establishments get high marks from national voters

The Franchise Business Model

The Franchise Business Model

  • Brings together brands, local business owners, employees, and the local community.
  • Is a uniquely accessible business model which allows you to start at the entry level and have the opportunity to own your own business.
  • Has created tens of thousands of small business owners and millions of opportunities for workers while being the largest vocational training industry in America.
U.S. Franchise Facts

U.S. Franchise Facts

  • Locally owned franchises are America's hidden small businesses, with 733,000 establishments across the country.
  • Franchising directly contributes $674.3 billion in economic output, accounting for roughly 2.5% of private sector U.S. GDP.
  • Franchising is a job-creating mechanism that not only offers opportunities to entrepreneurs but also supports more than 7.6 million direct jobs nationwide.
Franchise Business: Good for America and Good for Local Communities

Franchise Business: Good for America, Good for Local Communities

  • The International Franchise Association is the world's oldest and largest organization representing franchising worldwide. Celebrating 50 years of excellence, education and advocacy, IFA works to protect enchance, and promote franchising through its government relations and public policy, media relations, and educational programs.