26 April 2015
Category:
Franchising
Comments: Comments Off on Strength in Franchising

Strength in Franchising

As you consider taking your business to the next level, Nike Free 3.0 V2 Goedkoop Nike AIR Max 2017 Goedkoop the franchise route is a viable option. Nike Free 5.0 V3 Goedkoop Not only is it an efficient and cost effective way to quickly expand your concept, Nike Air Max 90 Hyperfuse Dames Air Max Zero Goedkoop the franchising industry is a solid and substantial part of our economy.

According to the U.S. Census Bureau, Nike Flyknit Air Max Dame Nike Air Max Tavas Goedkoop franchises make up around 10.5 percent of the businesses with paid workers in the nearly 300 industries where franchising data was collected accounting for $1.3 trillion of the $7.7 trillion in sales amongst these sectors.

In the 2015 Franchise Economic Outlook Report by the International Franchise Association (IFA), Nike Air Huarache Heren Nike Air Max 95 Prem Tape Dame over 8.8 million people will have direct jobs in the franchise industry up nearly 3 percent from last year.

Americans prefer recognized brands and franchisees favor proven concepts.

A franchise is considered a far superior option to start-ups. Entrepreneur Magazine reported that the average rate of failure for new business is around 65 percent within five years of starting, Nike Air Presto Schoenen Goedkoop while only 3 to 11 percent of franchised companies go through turnover in a given year.

People looking to own their own businesses are attracted to franchises for reasons including brand recognition, consistency of service, Air Max 2016 Dames Goedkoop developed operating systems,

Comments are closed.