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Franchise Statistics
RECESSION PROOF INDUSTRY
From 2001 to 2008, franchising grew by 40 percent, according the International Franchise Association. A report prepared by PricewaterhouseCoopers for the Association showed that with the economy in a tailspin in 2008 and 2009, franchising saw only a slight decline of one-tenth of one percent. The consulting firm expects franchising to start growing again this year at around a 3 percent clip or an increase of nearly $24 billion over 2009.
A FEW MORE REASONS WHY FRANCHISING IS SO SUCCESSFUL
Landlords love franchises. With a 97% success rate, the franchise is the only tenant the property owner wants. Best locations = Most successful business.
A very recent Franchise Times magazine survey of franchise owners found that an amazing 90% would recommend franchise ownership! What a landslide.
A study by The United States Chamber of Commerce found that 86% of franchises opened within the last five years were still under the same ownership and 97% of the were still open for business.
A U.S. Department of Commerce study conducted showed that during that time less than 5% of franchise businesses were closed each year.
A U.S. Small Business Administration study found that 62% of non-franchised businesses closed within the first 6 years of their existence due to failure, bankruptcy, etc.
Total sales by franchised businesses are projected to reach over $2.2 trillion this year.
1 out of every 8 businesses is a franchised business.
A new franchised business is opened every 8 minutes of every business day.
Franchises account for 42% of all retail sales, a number expected to grow to 50% in the next decade.
According to a February article by the National Federation of Independent Business (NFIB), 1 of 4 small businesses with employees have their primary location at home, and 85% of all small firms are operated by owner-managers.
Franchise Facts
Everywhere you look today, you see FRANCHISES! In fact, financial experts have indicated that franchising is the “wave of the future”. In the next 10 years, franchising could comprise over 50% of the retail economy and employ millions of people. This growth should be anticipated based on the simple logic of the underlying concept. Franchising offers success, with the least amount of risk, to aspiring business owners. Franchises will enable hundreds of thousands of new business owners realize the dream of successful business ownership and financial independence.
What is stopping you? Are you like many other people and simply don’t know where to start? Are you asking yourself the following questions? I want to start a business, but I don’t know what kind? There are over 1500 franchises available, which is the right one for me? I don’t have any experience in running my own business; can I get the training?
- Can I get support after I get my business started? How much investment will I need?
- Can I finance any of my investment?
- Do I need to operate the business or can I hire someone to run it for me?
- Can I open more that one unit?
The questions are endless, and that is where FranchiseVisions can help you. We help you answer the above and many more questions. Our role is to help you analyze your lifestyle, financial and business requirements, and then help you focus in a few opportunities that best fit them. Then, we will help you present your qualifications to the franchises that you have an interest. With our vast knowledge of franchising, we will help you choose the franchise the best for you and your family.
FranchiseVisions does not charge you for its services. There is absolutely no obligation that you buy a franchise that we present to you. After going through the evaluation and qualification process together, we will present you as a qualified prospective buyer to the franchises that you have chosen. If you purchase one of these franchises, the franchisor will pay us for finding a qualified buyer. Federal Trade Commission law dictates that the franchisor must charge you the same whether you go through us or directly to them.
There are other reasons you should utilize the services of FranchiseVisions instead of going direct to the franchisor. The FranchiseVisions Consultants will educate you in the intricacies of franchising.
The franchisor will tell you the advantages of their franchise, but the FranchiseVisions Consultant will also identify any disadvantages that should be considered. The franchisor will tell you how great their franchise is, but the FranchiseVisions Consultant will help you gain a balanced and objective view of the franchisor’s quality and opportunity. Franchise business opportunities include various forms of business models:
Part-time, fulltime or part-time, growing into fulltime. Home-based or brick-and-mortar. Retail, service, business-to-business, sales, consulting and more. Owner-operator or investor.
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Exactly what is a franchise opportunity?
A franchise is an established business operating under authorized permission to distribute or sell goods or services offered by the franchise company. You can find detailed information on a full variety of franchises for sale. This web site includes a range of franchise information, along with advice, request forms and our directory of categorized franchises. Feel free to review/research top franchise businesses and request information for all of your franchising interests. We compiled a comprehensive directory of franchise opportunities, including information resources on businesses for sale and franchise consulting connection services.
Read through profiles on our popular franchises for sale, research top franchise opportunities, review details about how to obtain your own franchise. After reviewing this information, simply fill out a request form to get in touch with a franchise broker They're ready to help answer questions about franchise businesses for sale and answer all of your franchising questions and concerns. A Franchise Consultant can guide you to the best matched franchise opportunity for you.
Notice: Business opportunities, franchise opportunities, businesses and franchises on this web site are not to be considered an "offering." We always recommend seeking financial consultation, advice of a lawyer or accountant before deciding to purchase a franchise or business opportunity. Submission of the form means that you agree to the terms and policies of the franchise and business offerings listed here.
This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of one of these states, we will not offer you a franchise unless and until we have complied with applicable pre‑sale registration and disclosure requirements in your jurisdiction. In addition, content is not directed to residents of the state of Nebraska.
