The Entrepreneur’s Source Reviews the Role of Franchising in Today’s Economy
The Entrepreneur’s Source Reviews the Role of Franchising in Today’s Economy
Franchise businesses are expected to grow faster and create more jobs than the rest of the economy again in 2014, according to research released today by the International Franchise Association Educational Foundation.
Small businesses – in this case franchising – are a primary engine of job growth in our country today. Franchising contributes to job growth, and small business owners are helping to boost the economy and drive economic growth—not the giant corporations.
Franchising is vital in the growth of today’s economy, contributing over $780 billion annually in total economic output. It can also be a key contributor for job growth both nationally as well as locally, and many states are offering different incentives for business owners to get started.
Many franchises offer excellent small business franchise opportunities for veterans, minorities, women and recent college graduates interested in startups or established franchise opportunities offering incredible financial incentives.
Share this post:
Related Posts
Your Trusted Resource for Career Ownership Coaching™ for helpful hints, best practices, anything related to career ownership.
The Great Demotion:
When Your Paycheck Stops Working for You How the shifting job market is shrinking careers — and what you can do about it. 1,600 job applications. 78 interviews. And after all that, the offer finally came — at half the pay and two steps down the ladder. For Scott, a professional profiled by Business Insider,…
Gas Prices are up and Job Security is Down!
Rising gas prices are adding pressure to an already unstable job market You’ve Already Felt It at the Pump. Now Watch for It at Work. You pull up to the gas station and wince. The numbers on that screen keep climbing. It feels personal — because it is. Fuel prices in North America have jumped…
The Future AI Workforce:
Which Jobs Are at Risk — and Who Can Actually Bounce Back. The Entrepreneur’s Source® | April 2026 You have probably felt it. A quiet unease at work. Fewer open positions on job boards. News stories about layoffs tied to artificial intelligence. Maybe you have even wondered: Is my job next? If you have asked…