Franchising is Ramping Up in 2017!
2017 is poised to become a record breaking year in the economy in general- especially so in Franchising. Over the past 5 years, this sector has posted job growth about 2% higher than the national average.
The International Franchise Association (IFA) has published some compelling statistics on franchising and growth:
Top 5 Franchises by Establishment Growth 2017 with Projected Growth Rate:
- Personal Services: 2.3%
- Quick Service Restaurants: 1.9%
- Table/Full-Service Restaurants: 1.9%
- Retail Products and Services: 1.7%
- Business Services: 1.5%
Top 10 States for Franchise Employment Growth 2017 with Projected Growth Rate:
- Arizona: 4.7%
- Utah: 4.6%
- Nevada: 4.4%
- Florida: 4.1%
- Colorado: 4.1%
- South Carolina: 4.0%
- North Carolina: 3.8%
- Georgia: 3.8%
- Tennessee: 3.8%
- Texas: 3.6%
The overall USA metrics from the IFA’s research point to a 3.3% growth in franchising to 7.8 million workers, and this would result in about 250,000 jobs.
If you have ever considered franchising, now is a great time to pursue it. Reach out and we can discuss this further. I look forward to making franchise business ownership a reality that gives you an opportunity to build your own future.
Start your Dream Business — Attend the Chicago Franchise Seminar on Wednesday, April 19th!
Wednesday, April 19, 2017 | 5:30 PM – 9:00 PM CDT
Schaumburg Convention Center Renaissance Hotel – Schaumburg, IL
You will need to register by going to:
https://startyourdreambusiness.eventbrite.com
For your inquiries, call us at:
224-678-9212