Impact of Franchising
What Occurs in Franchise Businesses:
- The number of establishments operated by franchised businesses in the U.S… 767,483;
- The number of jobs in franchised businesses… 9,797,117;
- The payroll provided by franchised businesses… $229.1 billion;
- The economic output of franchised businesses… $624.6 billion.
What Occurs Because of Franchise Businesses:
- The number of jobs created because of franchised businesses… 18,121,595, 13.7% of the private-sector employment in the U.S.
- The payroll provided because of franchised businesses… $506.6 billion, 11.1% of private-sector payroll in the U.S.
- The total economic output because of franchised businesses… $1.53 trillion, 9.5% of the private-sector economy in the U.S.
VR qualifies and guides leads to the franchisor.