Blog Title

08/02/2018

August 31st, 2018 has been marked as National Franchise Appreciation Day, a day to help build awareness of the franchise business model and the contribution these businesses make within the communities in which they operate.

Appreciation for franchising should not just be a highlight on this day, but a recognition each and every day. After all, according to the economic forecast report distributed by the International Franchise Association, there are approximately 745,000 franchise establishments in the United States with a 1.9 percent growth rate predicted in 2018. The franchise sector is expected to contribute about 3% of the nation’s GDP in nominal dollars in 2018, and it is predicted that the franchise sector employment growth will outpace the rest of the economy.

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Abry Rath Vanguard® Cleaning Systems of Charlotte

Appreciation for franchising should not just be a highlight on this day, but a recognition each and every day. After all, according to the economic forecast report distributed by the International Franchise Association, there are approximately 745,000 franchise establishments in the United States with a 1.9 percent growth rate predicted in 2018. The franchise sector is expected to contribute about 3% of the nation’s GDP in nominal dollars in 2018, and it is predicted that the franchise sector employment growth will outpace the rest of the economy.

diverse office workers shaking hands