In this week’s Insider, we highlight the franchise industry’s impressive growth and expected net gains over pre-Covid 2019 levels.
With franchising’s proven resilience, this year is anticipated to produce steady growth for the business model. Like past recoveries, franchised brands are expected to see significant sales growth, new unit development, and job creation. As a result, FRANdata forecasts a net gain of 26,000 franchised small businesses in 2021, bringing the total number of franchises in the U.S. to 780,188. That is 6,585 units higher than the 2019 pre-COVID level. In addition, franchised businesses will add nearly 800,000 new jobs.
Interested in becoming part of this year’s growth? Call or text me at (706) 736-0579, email me at [email protected], or book a call with me using the yellow calendar button. I am glad to provide you additional information and clarity about franchise opportunities.
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