Franchise Statistics
Several reasons why investing in a franchise should be "Your Next Move"
- 1 in every 7 new businesses is a franchise
- A 1999 study by the U.S Chamber of Commerce found that 97% of franchises opened within the last five years were still open for business
- A new franchised business is opened every 8 minutes of every business day
- Franchised businesses account for nearly 50% of all retail sales in the United States
- According to the Small Business Administration, 62% of non-franchised companies closed within the first 6 years
