Franchise Businesses Produce Significant Impact on U.S. Economy

Economic Impact of Franchising

In FranchisesBecause of Franchises

National Franchise Output

National Franchise GDP

Franchise Establishments get high marks from national voters

Franchise Fast Facts

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

  • 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

  • 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 governemnt relations and public policy, media relations, and educational programs.