| S T A T I S T
I C S
Q:...Franchised
businesses account for nearly 50% of all retail sales in the United States.
Q:...The
International Franchise Association has reported that franchising is responsible
for
....
760,000 businesses, 18 million jobs, 14 percent of the private sector employment,
and over
...$500
billion in payroll!
Q:...From
January, 2000 to December, 2004 the index that tracks the performance of
the top
50 franchisors increased 34.5% compared to a drop of 20.1% in the S&P
500 over the
........same
period.
Q:...A
1999 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.
Q:...A
U.S. Department of Commerce study conducted from 1971 to 1997 showed that
during
........that
time less than 5% of franchise businesses were closed each year.
Q:...A
U.S. Small Business Administration study conducted from 1978 to 1998 found
that 62%
.......of
non-franchised businesses closed within the first 6 years of their existence
due to failure,
.......bankruptcy,
etc.
Q:...Total
sales by franchised businesses are projected to reach over $2 trillion,
this year.
Q:...1
out of every 12 businesses is a franchised business.
Q:...A
new franchised business is opened every 8 minutes of every business day.
Q:...In
2000, the median gross annual income, before taxes, of franchisees was
in the $75,000
........to
$124,000 range, with over 30% of franchisees earning over $150,000 per
year. |