The Case for Franchising: $2.3 Trillion Generated Yearly Worldwide, Millions of Jobs Created

Statistics paint an eye-opening picture of the world of franchising: $2.3 trillion in sales revenue generated worldwide, with $1.3 trillion of that in the U.S. alone.  Beyond the revenue, however, franchising is the main vehicle at the moment for economic stimulus and recovery, with Presidential Candidate Governor Mitt Romney even proclaiming this fact.

Some franchises are more successful than others, but overwhelmingly franchising aids economic recovery, creates and sustains employment, and as the greatest marketing tool ever devised – builds solid brand strength and Fortune 500 companies whose logos have become icons of financial dominance and product reliability.

There are a relative few who argue against franchising, and those individuals, on the whole, labor under misapprehensions about the advantages, rewards, and supposed drawbacks of franchising. They also underestimate themselves, settling for less when they could dominate entire markets and cement themselves as strong icons of financial and branding power.

Other Advantages of Franchising

The evidence overwhelmingly shows that should a particular brand or company choose to franchise, the rewards of doing so far outweigh any temporal concerns – such as up-front fees or “losing brand control”.  Indeed, the relative small investment, compared to the potential ROI and revenue streams, and the fact that “brand control” as it’s understood is quite different from the reality – combine to make franchising any given brand an enticement that seems foolish to pass up.

The support structure that a franchisor can offer to its “family” of franchised locations is invaluable. This support structure includes training and ongoing support, marketing tools and advertising funds that far eclipse those of the average non-franchised business. This support system gives franchised brands a tremendous advantage over those going it alone – even with corporate, or licensed locations strengthening their brand recognition.

The Sensible Choice: Franchising in Hot Industries

International franchise Solutions offers business-savvy investors the chance to help lead top growth industries, contribute to economic recovery (their own, and on a macroeconomic level), as well as provide themselves and their franchisees the chance to stabilize their fiscal portfolios and create “legacy empires” which they can pass on to their beneficiaries.  By franchising your brand name, you hand over your well-earned business ownership status to professionals who can take it light years further, into the realm of financial and occupational freedom.

 

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